Six Althoff properties install RateTiger for rate and inventory management
All six Althoff properties spread across Germany and France will use RateTiger channel manager for automated inventory adjustment on multiple third party channels to ensure real-time room availability at all distribution points while preventing overbooking. The rate benchmarking tool Shopper – which provides live alerts on rate changes and rate reports for up to 3 years in advance, will help the revenue management team to achieve rate parity and monitor competitor rates and sales position for price optimization and forecasting.
“RateTiger gives instant control over yield management, allowing hotels to handle more product types while automating the distribution process. The diversification of product and exposure is going to have a positive impact on hotel bookings. Our ChannelManager helps properties to optimize online revenue potential by distributing availability across all relevant sales channels through pooled inventory,” said Casey Davy, VP Sales, EMEA, eRevMax.
Althoff Grandhotel Schloss-Bensberg
Althoff Hotels will benefit from eRevMax's recently released RateTiger Suite 3.0 which sports a dynamic user interface and integrated channel management functionalities, and is designed to maximize usability and effectiveness. 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 Althoff Hotel Collection: The Althoff Hotel Collection stands for a unique liaison of top-level hotels and quality restaurants. The collection of individual five-star hotels includes the Althoff Grandhotel Schloss Bensberg and the Althoff Schlosshotel Lerbach in Bergisch Gladbach/Cologne, the Althoff Hotel Fürstenhof in Celle, the Althoff Hotel am Schlossgarten in Stuttgart, the Althoff Seehotel Überfahrt in Rottach-Egern, the St. James’s Hotel and Club in London and the Althoff Hotel Villa Belrose in St. Tropez. The hotelier Thomas H. Althoff places an emphasis on the highest level of quality, individuality and service in all houses. The company philosophy of the Althoff Hotel Collection is based on three pillars: architecture & design, service and exquisite cuisine. The restaurants and chefs of the hotel group have been awarded a total of eleven Michelin stars, 21.5 Feinschmecker "F" and 152.5 Gault Millau points. For more information please visit www.althoffhotels.com
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 6000 customers worldwide with offices and R&D Centres across three continents. For more details, please visit www.erevmax.com