The fourth edition of ITB Asia gave a record performance and attracted 7511 trade visitors representing 91 countries. Exhibitors from over 70 countries were represented from as far as Botswana, Finland, Croatia and Iraq as well as partner country Japan who reported an increase in business activity at ITB Asia 2011, reiterating the strength of the regional travel industry despite economic uncertainties.
RateTiger was among the exhibiting team and had a great show. I was there as part of the Asian sales team and was very glad to meet old and new clients as most people attending the show are now aware of our presence in this event. We received rave reviews about our product as well as visibility in the region.
Our discussions with hoteliers and travel fraternity revolved around the benefits of integrating with RateTiger as well as the necessity of Channel Management software in today’s time. Keith Povah, Division President – RTSuite gave a presentation on “The evolving world of hotel online distribution” which was very well received by attendees.
We had a pretty successful show and managed to create various new contacts. I look forward to ITB Asia 2012 which is expected to be bigger and better.
Kenneth Yeo is Sales Manager – APAC at eRevMax and is responsible for sales of RateTiger products in the region. He is based out of Singapore and can be reached at firstname.lastname@example.org
The Indian hotel chain with nine luxury properties in major Indian cities has implemented RTSuite Shopper, RateTiger’s online real-time rate shopping tool in five of its leading properties. The tool helps them analyze their market position by comparing competitor rate information across various OTAs as well as the GDSs. These rate reports help the hotel make informed decisions and react to market conditions in a timely and effective manner.
Rohit Arora, Corporate Director Sales & Marketing, The Park Hotels commented, “We have been using RTSuite Shopper for around two months and are very satisfied with it. RateTiger’s pricing reports are always accurate and up-to-date to the minute. We have so much confidence in the reports that we don’t want to look back. Earlier we gathered pricing data manually which took us around two – three hours for each hotel. With the implementation of RTSuite Shopper, we have saved a lot of time spending just ten minutes to monitor data for each hotel. This, in itself, speaks a lot about the tool’s efficiency and importance.”
Mr. Arora further states, “RateTiger’s easy-to-use functionalities make it a product of choice for us, while the different formats in which we can export reports further make it valuable. And the Rate Alert feature is simply amazing. You do not have to keep checking, whenever any competitor’s price goes beyond a defined threshold, the tool gives you an Alert and you can act instantly. RateTiger truly makes technology work for you.”
“Lights, Camera, Action!” Our 10th year Anniversary celebration was nothing short of a glitz and glam affair and the evening was one to remember. eRevMax recently completed its 10th year in the industry and celebrations were truly spectacular. Thanks to the mesmerizing and enchanting music by maestro Tanmoy Bose and the crowd pulling songs by popular singer Rupankar, it became a grand show.
The evening was made even more special with the felicitation of our CTO & MD Udai Singh Solanki for completing 10 years with eRevMax. The emotion in his eyes and the tenderness in his voice said it all. Founder President Reuel Ghosh paid him a befitting tribute for his dedication and vision in helping mold the company to where it stands today.
When CEO Sascha Hausmann popped open the bottle of champagne to raise a toast for Udai, we got to witness a comical fun moment – our COO Michael McCartan showed his dexterous skills by catching hold of the flying cork with immense ease.
This was followed by a surprise. The senior team comprising of Founder Presidents Reuel Ghosh and Andrew Morsi, CEO Sascha Hausmann, COO Michael McCartan, CTO Udai Singh Solanki and CFO Lars Hahn (who unfortunately could not attend) were presented with their caricatures which were hilarious as well as personal. We eRevMaxians truly appreciate their commendable work and responsible leadership which drives the company to new heights.
Another important section of the evening – the Annual Awards ceremony, is always a special moment when the efforts of eRevMaxians are recognized. Whether it is for New Cubs, Employee of the Year, Innovations for future products or for Best Managers, each one was given due recognition for all the sweat and hard work.
The evening wore on with good food and free flowing spirit while many of us had a gala time on the dance floor. All in all, it was a Night to Remember and we look forward to many more such celebrations, success and prosperity in time to come.
Krystan Mark De’Cunha is Senior Executive, Escalation Support at eRevMax and provides support to RTConnect clients globally. He is based out of Kolkata, India and can be reached at
The Annual Chairman’s Ball & Aspiring Manager’s Awards organized by the Institute of Hospitality, London branch took place on 28th October 2011 in a glittering ceremony at the newly re-opened Four Seasons Hotel, Park Lane, London.
I was there to attend the same as part of RateTiger’s partnership with IoH. The audience comprised of many of London’s top hoteliers and elite hospitality industry professionals. The event was interesting with this year’s theme being ‘Masked Ball’. The evening started with guests pleasantly posing for photos upon their arrival, thereby moving on to their dinner tables and soon the much awaited Aspiring Manager Awards were announced.
The winner of the evening wasNikki Goodwin(picture right) from Ramada Southport, who unfortunately could not make it to the event. The hotel GM Enda Rylands collected the Award on Nikki’s behalf. Once the excitement of the awards was over, guests had the pleasure of masked dancing and enjoyed the live band, Versatility.
Overall a well organised event with lot of excitement and fun as well as opportunities to connect with friends from the industry.
On Tuesday, a new, independent OTA announced a strategical alignment with RateTiger. Global Hotel Exchange, a cost free distrubution channel for hotels to launch in January, will leverage the power of global hospitality technology provider Rate Tager and eRevMax. Set to go live in January of 2012, Global Hotel Exchange (GHX) was founded by Tom Magnuson, CEO of Magnuson Hotels, the largest independent hotel group in the world. As part of the strategic move, GHX gains access to over 20% of the UK hotel market, not including the strength of Magnuson’s other 2,000 hotels in the US and across the UK. http://www.argophilia.com/news/ratetiger-effect/24140/
WTM: 2011 Money Generation Machine
Travel Daily News reported this morning, the start of this week’s World Travel Market in London, the leading worldwide travel industry event, welcomed some 183 new exhibitors for 2011. From national tourism boards, destination management companies, to technology entities and beyond, ExCeL, London is the place to be November 7 through 10. http://www.argophilia.com/news/money-generation-machine/24135/
WTM Travel and Online Technology region prepares for more visitors and buyers
Travel wholesaler JacTravel has launched a new channel management service for its hotel partners to address what it says it has identified as an important growing market. Commercial manager James Blackmore has been appointed to head up the service and partners already signed up include RateTiger, TravelClick, Figaro, and A&O Hotels and Hostels. Channel management has taken off in recent years with some firms reporting double digit growth in sales and triple digit growth in usage, according to JacTravel. Sascha Hausmann, chief executive of eRevMax, which owns RateTiger, said: “Channel management is becoming an essential technology to more efficiently and accurately manage the multiple sales channel landscape of the internet. Over the past two years we have seen an increase of over 150% of channel updates processed per month.” http://www.travolution.co.uk/articles/2011/10/14/5103/jactravel-embraces-hotel-channel-management.html
Dutch-based company Hotels Online, provider of LodgeGate Hotel Management System (PMS), has selected RTConnect, the premium XML interface, for electronic rate and inventory distribution as well as reservations delivery.
RateTiger recently completed the 2-way XML connection integration with LodgeGate and its 150+ hoteliers are currently adopting the technology to better manage sales. Over 30 properties will soon be using the enhanced service and benefit from a two-way connection to their electronic distribution network. Customers of the PMS will be able to automatically maximize their online presence while avoiding over-booking through an easy-to-use interface.
LodgeGate’s customers can now easily manage and update multiple sales channels including the Global Distribution Systems (GDS), various Online Travel Agents (OTA), e-commerce and social media. Rate and availability data already present in their PMS can now be shared automatically with RateTiger’s channelmanager. This will save time and provide opportunity to make additional money.
As part of the interface, hotels will also receive booking confirmations directly into their property management system, therefore sparing the effort of manual data entry.