ERevMax Launches Performance Analytics and Benchmarking Platform for Hotels
Online, June 25, 2014 (Newswire.com) - eRevMax, the leading hospitality technology & solutions provider of channel management and connectivity solutions, has today launched Analytics, a first of its kind Business Intelligence (BI) solution which gives hoteliers instant visibility into their business performance at anytime from anywhere. Hosted on eRevMax LIVE responsive-web platform, RateTiger & Connect Analytics transform data into real-time insight to help hotels measure and improve key metrics including booking production, pace, competitive benchmarking, reputation monitoring and overall compliance to business plans.
Analytics has been designed in collaboration with revenue managers and brings key operational data together in a fully interactive dashboard and a rich variety of graphical reports. Compatible with desktops, laptops and tablet, this next generation BI solution gives hoteliers a bird's eye view of overall performance, arming them with predictive insights and information to help optimize business productivity, costs and market position.
"In today's extremely competitive business environment, it has become critical for our hotel clients to filter data meaningfully to detect problems, identify opportunities, and respond to market dynamics. Our new solution combines eRevMax's extensive expertise on online distribution, intuitive benchmarking and deep analytical capabilities. RateTiger & Connect Analytics reinforce our commitment to continually add value to our customers by delivering innovation and user experience, and provide greater effectiveness to drive optimization and tighter alignment across their business," said Michael McCartan, CEO, eRevMax.
RateTiger and Connect Analytics by eRevMax, powered with sophisticated analytical capabilities and interactive reporting dashboard, offers benchmarking on important parameters, obtain real-time production data, analyse gaps to give hoteliers a clear picture of their business. Both solutions are being offered as a subscription based module within RateTiger and Connect solutions. Key benefits include:
• Real-time property performance
• Reservation details by arrival & booked dates
• Competition Analysis on various parameters including production
• Market insights on rate & availability
• Projected v/s actual revenue performance
• Compliance Alerts - parity, reputation, budget
• Reputation score against competitors
About eRevMax: eRevMax is the leading provider of online distribution, channel connectivity, market intelligence and revenue management solutions to the hospitality industry. The company delivers its premium hotel channel management product RateTiger, web-based solution SimpleDistribution and its real-time enterprise connectivity gateway - Connect, to the hospitality and travel industry. Incorporated in 2001, eRevMax serves over 20,000 hotel customers worldwide with offices and R&D centers across three continents.