|LONDON (February 22, 2005) – Mark Heynen, Managing Director of Electrobug
Technologies Ltd, announced today that, after an extensive evaluation,
Rafaelhoteles has selected Electrobug’s Rate Check Internet rate intelligence
tool for its four properties in Spain.
Electrobug’s innovative Rate Check service enables hotels to obtain competitor room night pricing information from virtually any Web site. Unlike other rate intelligence services, Rate Check provides an unmatched level of customization for hotel properties with easy to use advanced functionality and powerful graphing capabilities for presentations and analyses. Electrobug is the only rate intelligence solution that provides instant views of cached Web pages, so further research and understanding can be obtained with one click.
"Rafaelhoteles will use Rate Check to improve our revenue management decisionmaking at each of our properties”, said Alejandro Lista, director of revenue management and e-commerce for Rafaelhoteles. "Our thorough evaluation of all the tools available showed that Electrobug’s Rate Check provided the most comprehensive rate intelligence for our needs. We were very impressed with the ease of use and the presentation capabilities of Rate Check"
“We are pleased that Rafaelhoteles selected Rate Check” said Heynen. “The four Rafaelhoteles in Spain are considered some of the most innovative properties in Europe, and we look forward to providing them with the most advanced technology for all of their channel management and rate intelligence needs.
Electrobug is widely known for its suite of online data retrieval tools for price tracking, currently in use at a number of retailers, airlines, hotels, and online travel agencies. Electrobug provides hotels with enhanced decision support and channel management software. Electrobug’s Rate Change product enables hotels to change rates and allocations on multiple extranets through one interface. By integrating Rate Change with its Rate Check product, Electrobug is offering hotels "One Click Rate Parity", enabling the rebalancing of third party channel rates against the brand web site or GDS with the click of one button. The new Rate Parity Control product enables hotel brands and chains to streamline workflow of unifying individual property rates with corporate pricing and distribution policies.
Electrobug Technologies (www.electrobug.com), based in London, England, was initially conceived on the notion that the "Internet is the database." The company has been active for over five years, and has developed a suite of online data retrieval tools for price tracking, currently in use at a number of retailers, airlines, hotels, and online travel agencies. These tools automatically retrieve prices from various web sites, normalize the data sets, and report the results to a set of customized Excel and HTML reports that are utilized for channel management and competitor price intelligence. Electrobug’s clients include Lufthansa, Sol Melia Hotels, Expedia, Lastminute.com, Priceline.com, Sainsburys, and Tesco.
|Also See:||Electrobug Appoints Bruce W. Mainzer to Head New North American Office; Electrobug Expands Rate Intelligence Services for U.S. and Canadian Hotels / December 2004|
|Electrobug Launches Rate Change & Rate Parity Control, Offering Hotels One-Click Rate Parity / November 2004|