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AB Hotels selects eRevMax for rate optimization

A collection of luxury hotel brand in England, AB Hotels has partnered with eRevMax to get maximum benefit from real-time rate intelligence and competitor price analysis to maintain its market leadership position. Two properties of the group Arch London and Sopwell House St Albans have selected RateTigerShopper to get live alerts on rate changes and rate reports for upto 3 years in advance.

AB Hotels is delighted to be working with RateTiger by eRevMax as we endeavour to constantly improve the tools we use for revenue management. RateTiger offers the most detailed and comprehensive solution in the market and this allows us to have more knowledge over our competitors and ensure we are competing as best as possible,” said Rafi Bejerano, Director, AB Hotels
The partnership enables revenue management team of the hotels to compare rates and packages of its competitors, like-for-like, at both beds and room-type level while also being notified immediately of competitor rate changes through rate alerts owned luxury hotels.


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eRevMax redefines rate shopping with RateTiger Managed Report Service

eRevMax, the leading hospitality technology & solutions provider of channel management and connectivity solutions has launched Managed ReportsService  which will offer high quality market intelligence data for informed pricing decisions. Hoteliers now can get high quality rate intelligence data from over 42000 hotel sites and around 100 travel sites.

Vishal Arora, VP – Product Management, eRevMax states that understanding market trends and implementing balanced pricing strategy is very crucial in this ultra competitive world. Managed Reports will help hotels evaluate pricing strategies for their properties and that of competitors and turn that insight into bottom-line results based upon actionable business intelligence.

The data goes through a strict Quality Assurance (QA) process for maximum accuracy, thereby hotels get highly accurate data to plan and forecast with greater precision through historical and future rate analysis.

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Competitor Analysis – How knowing your competition helps

Striving to be different is one way that hotels can set themselves apart from the crowd, but being too different can be detrimental to business. An important thing within the travel industry is competitor analysis – discovering what the competitions are doing that’s directly leading to higher rankings. This could include targeting a specific demographic, offering special rate, or ensuring online marketing materials which are SEO friendly. Competitor analysis can be particularly beneficial to hotels within the business districts or near airports, where there is no ‘average’ guest. Marriott Hotels are an excellent example of a brand placing more resources into competitor analysis.

The hotels should take online marketing strategy seriously and allocate budget for better online presence.

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Newshound: Trends and Reports – Hotel Online Distribution


Automation is on the up and could hold the key to increasing online sales

In today’s multi-channel environment, hoteliers need to have quick access to hotel-rate data and inventory positions on various sales channels. “Over the last couple of years we have seen an increased focus on integrated applications, allowing hotels to do most of these complex tasks through a single system,” says Michael McCartan, chief executive officer, eRevMax International.


Analyzing the OTAs

Whether you’re in the camp that believes online travel agencies are single-handedly ruining the hotel industry or in the camp that looks to them for a majority of your demand, there’s one thing almost all hoteliers agree on: Third-party room distributors are here to stay. However, while OTAs serve an important role in the industry, it’s no secret their relationship with hoteliers is not perfect, said Brian Mullan, a research analyst with Janney Capital Markets in New York.

The end of the rate-matching machine: ways to count on competitive pricing

Competitive pricing is an element of pricing decisions in any market. How this is done depends on the availability of such data to providers, the visibility and comparability of it to customers and the level of fragmentation in the market. In hospitality and travel, thanks largely to broad Internet distribution, all of these factors make competitive pricing particularly important.

TripAdvisor tests hotel metasearch service – now the fun really begins

User review giant TripAdvisor is finally doing what pretty much everyone involved in the hotel sector expected it to do years ago – consumer metasearch for its vast portfolio of properties.The company confirmed this week that it is currently testing “new search functionality” for hotels, covering both desktop and mobile versions of the service.

The total cost of travel technology [INFOGRAPHIC]

From individuals who have implemented a small system to those coordinating major overhauls of existing platforms in large companies, organising travel technology is not an easy process. It is clearly a combination of establishing the business and technology requirements, alongside budget, expectations, crystal ball-gazing and market analysis.

Report: PwC European Cities Hotel Forecast 2013

Overall, RevPAR growth is expected to slow in 2013, held back by strong economic headwinds across the eurozone. But there will be thrivers; cities expected to show robust RevPAR growth include Paris, St Petersburg and Edinburgh and more modest increases should be seen in Frankfurt, Berlin, Dublin and Moscow.The second edition of PwC’s European cities hotel forecast for 2013 features 19 of Europe’s most important gateway cities.