to Support Innovative RateChecker Service
Rate Intelligence Service for Utell by Pegasus Member Hotels
Provides Advanced Technology for Online Tracking
of Competing Room Rates
|LONDON (March 11, 2005) –Electrobug Technologies Ltd, and Pegasus Solutions,
Inc. have launched the new RateChecker™ service for participating Utell
by Pegasus™ member hotels. The innovative rate intelligence solution
provides real-time competitive information to improve hotel revenue management
decision-making. Dallas-based Pegasus Solutions is a global leader
in providing technology and services to hotels and travel distributors.
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.
Powered by the Web-crawling technology of Electrobug, Pegasus has tailored RateChecker to meet the needs of independent hotels. Hotels using the RateChecker service can select particular Web sites to monitor, and identify certain hotels to compare pricing metrics. Hoteliers can also monitor various advance booking rates, and contrast rates for differing lengths of stay to ensure profitable everyday pricing.
“We are delighted to work with Pegasus to provide their customers access
to our leading channel management toolset,” said Mark Heynen, Managing
Director of Electrobug Technologies Ltd. “Our relationship with Pegasus
validates what our own customers have been telling us – our technology
is more reliable and flexible than anything on the market today for real-time
“Pegasus Solutions selected Electrobug as business partner because of their market-leading technology” said Peter Fitzgerald, vice president of EMEA sales for Pegasus Solutions. “RateChecker allows hotels to focus on their main revenue generating activities, whilst letting Pegasus Solutions automation keep tab of changing market conditions”
About Electrobug Technologies
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.
About Pegasus Solutions
|Also See:||Electrobug’s Rate Check Adopted by Eurostars Hotels / March 2005|
|Rafaelhoteles Selects Electrobug’s Rate Check / February 2005|
|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|