Hoteliers generate over US$1.7 billion with eRevMax (Albania)
RateTiger and Connect, facilitated booking revenue for its hotel clients across the globe. |
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Hoteliers generate over US$1.7 billion with eRevMax (Albania)
RateTiger and Connect, facilitated booking revenue for its hotel clients across the globe. |
Category: Europe - Albania - Suppliers
- Providers
This is a press release selected by our editorial committee and published online for free on 2015-02-12
Filed by eRevMax Ltd.
eRevMax, the leading hotel technology provider, continues to help hotels increase bookings and propel their online revenue growth. The company behind leading distribution solutions, RateTiger and Connect, facilitated booking revenue worth over US$1.7 billion in 2014 for its hotel clients across the globe.
eRevMax solutions are used by over 20000 properties worldwide which in itself is a testimony of the benefits that the RateTiger and Connect solutions provide to its users. The US$1.7 billion revenue was generated by a cumulative 4.54 million new reservations that eRevMax processed across various channels, equating to $374 for each booking.
“Our 2-way XML integration with leading online sales channels and hotel management systems means we can offer our hotel customers a seamless booking experience, which has been reflected in the numbers. We expect these numbers to grow 5X with our new web-based LIVE dashboard which integrates business processes improvement across multiple 3rd party systems delivered on a single platform to simplify complex day to day revenue management activities. The eRevMax LIVE Network provides integrated rate recommendations, direct booking support, meta-search and payment processing for improved ROI including cost reduction as we all measurable revenue growth. Not only does it mean less hassle and more revenue for hotels, it also brings better business to our channel partners as we help to match market demand with relevant hotel products,” said Greg Berman, Chief Operating Officer at eRevMax.
eRevMax has launched LIVE, its next generation distribution and analytics solution, at WTM London recently. The LIVE platform incorporates the RateTiger and Connect product lines, and merges detailed Competitive Rate Intelligence & Business Analytics with two-way XML channel connectivity for real-time rate and inventory updates coordinated with booking delivery into hotel third party systems.
About eRevMax: eRevMax provides next generation online distribution & business intelligence solutions to the hospitality industry. The company’s new offering is LIVE, a responsive web platform which offers detailed competitor intelligence, comprehensive business performance analytics and reliable channel management capability through secure two-way XML connections. First released in 2001, eRevMax’s RateTiger channel manager helps more than 15,000 hoteliers worldwide to increase revenue, streamline business processes and reduce booking acquisition cost through efficient channel management. A further 5,000 hotels use Connect, our electronic distribution gateway which seamlessly integrates channel management functionality with the hotel’s internal systems for more than 100 channels.
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