RateTiger Adds Enhanced Intelligence Reportig

London (I-Newswire) October 17, 2011 - RateTiger has released RTSuite Version 2.8 featuring a greatly enhanced Reservation Report and the integration of its award-winning innovation – StrategyEngine, into its comprehensive full service channel management product. The combination of Reservation Reporting, Strategy Engine, Channel Management and Shopping will make RTSuite a complete control center giving hotels utmost visibility of each sales channel performance.

With the fast paced growth of online bookings, hoteliers need to have direct access to enhanced reservation data at the time bookings are made by guests. This will allow for the optimization of inventory distribution and yielding. The meteoric rise of social media, mobile technology, flash sales sites and the shortening booking window, has made it essential that hoteliers are aware of reservations when they occur from each connected channel in order to react with immediate price or inventory adjustments.

Reservation Report provides a multitude of different views on bookings to ensure analyzing trends becomes simple. With interfaces to the various RateTiger modules as well as external systems like PMS or CRS the process of inventory, rate composition and rate update can be fully automated removing human error and time commitment.

Further the StrategyEngine integration into RTSuite aims at helping hoteliers better optimise room rates with fully automated rate calculation based on chosen advanced pricing or positioning strategies and competitors’ rates.

“In today’s cut-throat competition, it is essential that hoteliers have all possible intelligence on hand to make immediate decisions and respond to market requirements. Reservation Report assists hoteliers take quick action while the data can also be used for statistical analysis for future strategy planning to further improve occupancy and revenues,” said Keith Povah, Division President – RTSuite, RateTiger.

These new subscription based features aim at helping hoteliers manage inventory and strategy simultaneously through a synchronized platform thereby saving considerable time and effort.

For existing RateTiger customers subscribed to Extranet Report, Reservation Report will be a free of charge automatic update.

About eRevMax International:
eRevMax International is a premier security certified global software and services house. It combines technology, knowledge and skills in connectivity, market intelligence, revenue and distribution management for the hospitality and travel industry. Incorporated in 2001 eRevMax caters to over 5000 customers in 65 countries and 750 cities worldwide with offices and R&D Centres across continents. With a diverse product portfolio, eRevMax provides premium full service technology solutions and services across the hospitality and travel spectrum.

Company Contact Information
eRevMax International
Ryan Haynes
Monmouth House, 40 Artillery Lane 3rd Floor, London E1 7LS United Kingdom
E1 7LS
Phone : 44 (0) 20 7422 7528