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Adopted by Interstate |
Chicago, IL (January 26,
2004) - Ray Cohen, president and co-CEO of TravelCLICK, announced
today that Interstate Hotels & Resorts has endorsed TravelCLICK's RateVIEW
report to its 300 managed properties in the U.S., Canada, Portugal
and Russia. Interstate Hotels & Resorts is the nation's largest independent
hotel management company.
RateVIEW is the preferred reporting service by hoteliers who use up-to-the-minute, rather than cached, rate information for their revenue management and pricing decisions. RateVIEW enables the best possible revenue management decisions and keeps hotels up to date on property and competitive activity. It is the only report that allows hotels to separately identify retail from merchant (wholesale) rates on various travel Web sites. The report is accessible on-demand through TravelCLICK's client extranet, the Electronic Marketing Centre (EMC), a secure, personalized, password-protected site. "RateVIEW offers hotels real-time information that is always just minutes old," said Richard W. Gray, chairman and co-CEO of TravelCLICK. "This capability is fundamental to maximizing net revenue from both the Internet and the GDS electronic channels in today's competitive marketplace. We are pleased that an independent hotel management company with the accomplishments of Interstate has adopted RateVIEW as part of its key revenue management strategy." "To achieve top performance and brand consistency, our hotels need real-time information. RateVIEW is superior in its accuracy, timeliness and presentation of data. It was a natural decision for all of our properties to adopt the report," said Pam Streeter, vice president of electronic distribution/marketing, Interstate Hotels & Resorts. This year, RateVIEW will be upgraded to include scheduled reporting, along with a feature that allows users to identify "fences" associated with the rate (i.e., advance purchase restrictions, cancellation/change penalties, pre-payment). About TravelCLICK TravelCLICK (www.travelclick.net) is the leading provider of solutions that help hotels and other travel industry suppliers maximize net revenue from electronic distribution channels. TravelCLICK's competitive benchmarking reports provide hotels with price and booking performance information unavailable through any other source. The company's exclusive electronic marketing networks allow hotels and other travel related suppliers to target promotional messages to specific travel agents, consumers, and group meeting planners when they are booking travel. The TravelCLICK Interactive division assists hotels with online strategies to increase consumer direct business. Established in 1996 and headquartered in the Chicago area, TravelCLICK operates in more than 140 countries around the world. The company has over 6,000 clients, including national and international companies such as Accor, Air France, Avis, Best Western International, British Airways, Carlson Hotels Worldwide, Choice Hotels, Fairmont Hotels & Resorts, Four Seasons Hotels & Resorts, Grupo Posadas, Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski Hotels & Resorts, Leading Hotels of the World, Loews Hotels, Lufthansa, Marriott International, NH Hotels, The Peninsula Group, The Ritz-Carlton Hotel Company, SAS, The Savoy Group, Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts, Thistle Hotels, USAirways, Virgin Atlantic and Wyndham Hotels & Resorts. |
TravelCLICK Kristina Paider Director of Marketing 847.585.5238 [email protected] www.travelclick.net Stephanie Seacord
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