May 18 2016, 14.53 PM IST || Pocket News Alert
NH China managed properties sign up for RateTiger solutions to improve online revenue
Revenue Status
Beijing, May 18, 2016: NH Hotel Group China, the joint-venture company of NH Hotel Group and HNA Hospitality Group, has selected eRevMax to provide channel management and business intelligence solutions for its managed properties. The properties will be using RateTiger Shopper & Channel Manager to monitor and manage rates and availability across multiple online sales channels from a single platform. The group has also subscribed to Managed Rate Services to receive competitive price intelligence reports for better rate management.
NH Hotel Group has been a valuable eRevMax partner that is currently using RateTiger and RTConnect solutions across several of its properties. NH China hotels will now leverage RateTiger solutions for online distribution and expansion to wider markets.
“According to a recent market survey, around 63% travellers to China book hotels online. eRevMax is one of the leading hospitality solution providers offering maximum channel connections thereby expanding our growth opportunities. RateTiger channel manager along with its price shopping tool are considered best in class products thus providing us a competitive edge in the market,” stated Javier Ortega, Director of Revenue Management & Distribution, NH China.
“With online travel witnessing a double digit growth in China, RateTiger will help NH China hotels to optimize online penetration and maximize revenue by reaching out to newer markets. They can centrally manage rates and availability in real-time across a variety of channels, as well as monitor channel performances to optimize online sales from a single interface,” said Paul Heil, Sales Director - eRevMax.
RateTiger by eRevMax is a fully integrated channel management and connectivity solution that automates the connection between hotel inventory systems and distribution channels, regardless of business model or geography. Leveraging the flexibility of RateTiger, NH China is well positioned to maximize revenue opportunities and reduce distribution costs by quickly and efficiently increasing distribution reach. The hotel chain will be able to update rates and inventory at property level through RateTiger's vast distribution network, whilst simultaneously monitoring and optimising channel performance, thereby improving both online bookings and revenue opportunities.
About eRevMax: eRevMax is a travel technology company that helps hotels to maximise online revenue opportunities through real-time distribution, market intelligence and connectivity solutions. The company provides specifically tailored solutions within its core product brands – RateTiger, RTConnect and LIVE OS. RateTiger product suite offers the industry’s leading ChannelManager for online distribution, Shopper for rate benchmarking and BookingForce to help drive direct bookings from the hotel’s brand.com. RTConnect provides seamless 2-way XML integration of channel management functionality with the hotel’s central systems. LIVE OS offers hotels a single sign-on platform to access multiple applications, while offering technology partners a chance to get in front of hotels allowing greater distribution of promotional opportunities. eRevMax is working closely with over 200 certified channel and technology partners as well as 9000 hotels worldwide helping them increase revenue opportunities and streamline business processes. For more details, please visit http://www.erevmax.com/ or contact us on marketing@erevmax.com.
About NH Hotel Group: NH Hotel Group (www.nh-hotels.com) occupies third place in the European business hotels rankings. The company operates around 400 hotels with nearly 60,000 rooms in 30 countries in Europe, America, Africa and Asia and in destinations such as Amsterdam, Barcelona, Beijing, Berlin, Bogota, Brussels, Buenos Aires, Düsseldorf, Frankfurt, London, Madrid, Mexico FD, Milan, Munich, New York, Rome and Vienna.