Innkeeper's Lodge selects RateTiger to optimise price strategy
Innkeeper's Lodge will use RTCorp to monitor its competitor hotels across four sites for analyzing its market position and ensure pricing decisions are relevant and dynamic.
- (1888PressRelease) May 30, 2013 - UK-based value hospitality brand, Innkeeper's Lodge has selected RateTiger for maximizing revenue through effective rate forecasting and rate parity. Its lodges across the UK will use RateTiger Corp, an award-winning price shopping intelligence tool to monitor, control and optimise rates across online distribution channels.
The intelligent room rate business data also allows hotels to access past and current pricing data for accurate forecasting. Data can be extracted from thousands of travel websites and hotel sites including the Global Distribution Systems (GDS).
"RTCorp has enabled us to become more competitive within the hotel marketplace. We can now monitor our position and manage rates depending on demand" said Simon Stringer, Marketing Manager, Innkeeper's Lodge.
RTCorp enables hotels to expand their product offerings and monitor specific benchmark parameters like room-type, length of stay and meal plan for true like-for-like comparisons with the market for ultimate rate transparency to further improve revenues.
"An effective rate shopping tool is fundamental to a hotel's success. With rate parity becoming an industry norm, hotels need to ensure compliance with policy. RTCorp sends automatic alerts for any anomalies or breach of rate policies for the hotels to quickly address the issue and further develop business relationships with OTAs. This provides ultimate rate transparency to further improve revenues for each and every property in all locations." said Cristina Blaj, Sales Manager for UK at eRevMax.
Innkeeper's Lodge can access market intelligence through online reports, scheduled reports and ranking reports which shows each property's position across all selected travel sites.
About Innkeeper's Lodge:
Innkeeper's Lodge offer quality budget hotel rooms in 43 locations across the UK, from towns and cities to countryside settings, each with an individual character and a cosy pub serving good food and drink right on the doorstep.
About RateTiger:
RateTiger is a premium hotel rate shopping and channel management solution. RateTiger's Product Suite, security certified under ISO 27001:2005, empowers and enables hotel properties and accommodation providers to compare rates with competitors in real-time and update a vast network of sales distribution channels and travel portals easily and efficiently, offering two-way data connectivity. RateTiger, by eRevMax, is considered the leading provider of online distribution, channel connectivity, market intelligence and revenue management solutions for the hospitality industry. Incorporated in 2001, eRevMax serves over 6000 clients with offices and R&D Centres across three continents.
For more information, contact:
Aparna Bhattacharya
Phone:+91 9163065067
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