eRevMax, which provides revenue management and distribution technology to the hospitality industry, is launching ‘Live’ – a new web-based business intelligence tool for hoteliers.
Set to be unveiled at the World Travel Market (WTM) in London, the Live platform incorporates the existing RateTiger and Connect products, and merges competitor intelligence and business analytics with XML channel connectivity to offer real-time rate and inventory updates that are coordinated with third party systems.
“We constantly evolve our products to give our hotel customers a competitive edge, and Live is a continuation of that process. Live delivers a dynamic integrated management dashboard that helps hotels to measure and control all aspects of their revenue strategy in real-time, thereby driving improved productivity and better business outcome,” said Reuel Ghosh, founder and president of eRevMax.
“By making it easier than ever to understand and monitor key business insights and implement effective revenue decisions, we are enabling hotels to match the speed of their customers and align their business metrics and strategy accordingly.”
The new Live Analytics module provides real-time visibility into group and property level business performance, while the Channel Manager module allows hotels to manage room rates, availability and restrictions across all XML channels. Hotels can also access rate reports from the dashboard.
eRevMax said it believes the new technology will help “hotels make informed decisions… and streamline all aspects of their revenue management for driving better results.”
Live will be officially launched at 3pm on 3 November 2014 at WTM Stand TT550.