News for the Hospitality Executive
Competitive Rate Intelligence
San Diego, California & Germantown, Tennessee – August 18, 2010 – Excel Hotel Group today announced that it has selected AnyRate Competitive Rate Intelligence to provide competitive rate reporting and tools to all of its properties. The agreement will allow AnyRate’s leading-edge competitive rate shopping tools to integrate with Excel’s sophisticated revenue management and pricing processes across the organization.
Excel will take full advantage of both scheduled competitive rate reports as well as the utilization of AnyRate’s Flash report tool to obtain competitive rate information in real time.
Ken Bolton, Corporate Director of Revenue Management for Excel Hotel Group, commented that “the addition of AnyRate reporting will provide timely pricing intelligence to our revenue management team and our hotel staff to assist us in competitively pricing our hotels during a challenging economic climate.” Bolton also noted that “it was important that the reporting and tools were user friendly and provided an excellent quality of data while also being affordable, thus representing a solid return on our investment. AnyRate was able to meet all of our needs.”
John Romeo, CEO of Windfall Revenue Solutions, provider of AnyRate Competitive Intelligence Reporting, stated “we are excited to add an organization of the quality of Excel Hotel Group to the growing number of outstanding management companies deploying AnyRate”. Romeo further noted that “AnyRate and Excel have collaborated to customize a program that meets the demanding needs of Excel regardless of market, product niche, and price point.”
AnyRate offers a variety of competitive rate intelligence reports and tools, via both regularly scheduled and delivered reports as well as the Flash real-time rate search tool. AnyRate Flash is a true real-time search tool that conducts rate searches upon customer request, ensuring the freshest, most up-to-date rate intelligence. This unique software capability prevents the issue of stale data that can be experienced when using “cached” or previously archived data in other “on-demand” report tools that are available.
AnyRate Competitive Intelligence Reporting is provided by Windfall Revenue Solutions, LLC. In addition to Competitive Rate Tools, they also generate various other revenue management, pricing, and customer review management tools and services. AnyRate offers leading-edge functionality and reports that are unique and exclusive to the industry. For more information about AnyRate, visit www.any-rate.com, email email@example.com, or call 901-309-3100.
Excel Hotel Group specializes in the development, construction, renovation, and management of limited and full-service hotels. Excel is a growth oriented management company comprised of a team of experienced hospitality professionals. Excel Hotel Group brings a distinct management style to a diverse chain of limited and full service properties. The operations credo of Excel Hotel Group is to manage outstanding hotels with dynamic associates, provide exceptional service to guests and to deliver optimum results in profitability to owners and investors. Visit www.excelhotelgroup.com for more information.
|Also See:||Driftwood Hospitality Driving Revenue with Help of AnyRate Competitive Rate Intelligence Tools; Leading-Edge Pricing Tools to be Deployed at Additional Properties in 2008 / December 2007|
|TIMS and AnyRate to Form Joint Venture; Leading-Edge Competitive Rate Intelligence Products to be Developed for the Hospitality Industry / June 2007|
|Landry’s Restaurants Expands Utilization of AnyRate Competitive Intelligence; Galveston and Laughlin Properties Add Leading-Edge Pricing Tools / June 2007|