RateTiger integrates with IDeaS
December 16, 2005
eRevMax and Integrated Decisions and Systems, Inc. (IDeaS) have integrated RTShopper data into IDeaS Revenue Optimization solution.
In an effort to offer hoteliers state-of-the-art comprehensive revenue management, RTShopper rate shopping results have been integrated into IDeaS Pricing and Channel Management functionality. With this integration, hoteliers can easily view the competitive rate offering and use the data to effectively adjust their pricing strategy, taking into consideration their competitor rates across multiple channels.
The integration of RTShopper product with it its connectivity to the largest amount of travel sites, brand as well as independent hotels websites, and GDS rates, means that hotels can now implement a more effective pricing strategy based on current market position.
IDeaS is the only revenue management solution that allows competitive rate data to influence its decision algorithms as defined by the hotelier themselves. This level of flexibility is a breakthrough for hoteliers that want a 360 degree view of their operating environment.
“The availability of a fully integrated solution offers hoteliers that use both RateTiger and IDeaS a convenient and powerful method to blend the two solutions, “said Linda Hatfield, Vice President of Product Management for IDeaS. “Rate Tiger enjoys a great reputation throughout Europe and their emphasis on completing the integration speaks to that focus.”
“It makes a lot of sense that Rate Shopping and Channel Management Tools are a part of a revenue management system. Revenue management technology assists hotels in maximizing their prices based on a range of factors and the integration of a rate shopping tool, adds to the revenue maximization process a new external factors, such as mark pricing position. We are delighted to work with IDeaS to provide our mutual clients the necessary data to make an educated decision and take their share from a very competitive market,” said Andrew
Morsi, Founder of eRevMax Technologies Inc.
Related Link: RateTiger