Hotelogix Announces 2015 Integration with PriceMatch to Help Extend Revenue Management Capability on its Platform
Aug, 2015
San Jose, California, August 5th, 2015: Hotelogix, a cloud based property management and distribution system designed for independent hotels is excited to announce an integration with PriceMatch, a leading online revenue management solution.
Available in English, French, Spanish, and Portuguese, Hotelogix offers independent hospitality businesses around the world a practical, cloud-based solution to typical challenges that they face in their operations. Revenue management is one of these challenges, especially when a hotelier is competing with other businesses in similar localities and service offerings. Price is often the differentiator for travelers, making optimal room pricing a top priority for hoteliers.
PriceMatch utilizes a dynamic pricing model to ensure that hotels are maximizing their revenues based on factors such as season, timing, and other available market information. The system synthesizes data from the hotel as well as its competitors to ensure the best possible rates per room. PriceMatch displays the recommended rates across a common inventory, and can be integrated with Hotelogix through a single click. The hotelier can then apply the optimal rate automatically across all booking channels. This integration ensures that hoteliers are marketing their rates competitively and that updates to the hotel's inventory are made in real time.
Alta Piazza, a medium-sized hotel in Buenos Aires, has enjoyed the benefits from its two-way integration with Hotelogix and PriceMatch. This integrated solution has enabled Alta Piazza to raise room rates by 17% without losing occupancy. The pricing tool recommends day-by-day rates to the hotel to be updated across online travel agencies, web booking engines, and the PMS. As Revenue ManagerPatricia Etchehun explains, "the staff only requires 30 minutes each morning to analyze, and update the daily rates and decide on promotional offers." The PriceMatch algorithms take into account a variety of factors relevant to the hotel's past bookings and competition.
"We added revenue management service that will work seamlessly for users of both Hotelogix and PriceMatch. It is an important milestone that is in line with our commitment of keeping our customers ahead of the technology curve, making them more competitive and profitable," says Prabhash Bhatnagar, Founder of Hotelogix.
ABOUT HOTELOGIX
Hotelogix is a unique, cloud-based, end-to-end, hospitality technology solution, built to seamlessly manage hotels, resorts, serviced apartments or multi-location hotel chains, by providing a single window to manage all hotel operations and bookings (online and offline). Hotelogix also integrates with travel agent networks and external booking sites, providing a wider inventory distribution, along with real-time integration with partner sites, group booking websites, and other central reservation systems. Hotelogix is used by both new hotels, hotels previously unable to afford such 360 degree technology, and hotels looking to replace legacy systems with a web-based SaaS solution, which gives greater functionality and a higher level of integrations for distribution of inventory. Hotelogix offers 24x7 live support and transparent pricing plans to its customers, and is hosted on highly reliable and secured cloud services. Founded in 2008, Hotelogix is used in over 85 countries including the USA, UK, Mexico, Spain, Australia, Thailand, Indonesia, Malaysia, Philippines, Singapore and is backed by Accel Partners.
http://www.hotelogix.com
https://twitter.com/Hotelogix
https://www.facebook.com/Hotelogix
Find on LinkedIn at https://www.linkedin.com/company/hotelogix
Read our blog on http://www.hotelogix.com/blog/
Available in English, French, Spanish, and Portuguese, Hotelogix offers independent hospitality businesses around the world a practical, cloud-based solution to typical challenges that they face in their operations. Revenue management is one of these challenges, especially when a hotelier is competing with other businesses in similar localities and service offerings. Price is often the differentiator for travelers, making optimal room pricing a top priority for hoteliers.
PriceMatch utilizes a dynamic pricing model to ensure that hotels are maximizing their revenues based on factors such as season, timing, and other available market information. The system synthesizes data from the hotel as well as its competitors to ensure the best possible rates per room. PriceMatch displays the recommended rates across a common inventory, and can be integrated with Hotelogix through a single click. The hotelier can then apply the optimal rate automatically across all booking channels. This integration ensures that hoteliers are marketing their rates competitively and that updates to the hotel's inventory are made in real time.
Alta Piazza, a medium-sized hotel in Buenos Aires, has enjoyed the benefits from its two-way integration with Hotelogix and PriceMatch. This integrated solution has enabled Alta Piazza to raise room rates by 17% without losing occupancy. The pricing tool recommends day-by-day rates to the hotel to be updated across online travel agencies, web booking engines, and the PMS. As Revenue ManagerPatricia Etchehun explains, "the staff only requires 30 minutes each morning to analyze, and update the daily rates and decide on promotional offers." The PriceMatch algorithms take into account a variety of factors relevant to the hotel's past bookings and competition.
"We added revenue management service that will work seamlessly for users of both Hotelogix and PriceMatch. It is an important milestone that is in line with our commitment of keeping our customers ahead of the technology curve, making them more competitive and profitable," says Prabhash Bhatnagar, Founder of Hotelogix.
ABOUT HOTELOGIX
Hotelogix is a unique, cloud-based, end-to-end, hospitality technology solution, built to seamlessly manage hotels, resorts, serviced apartments or multi-location hotel chains, by providing a single window to manage all hotel operations and bookings (online and offline). Hotelogix also integrates with travel agent networks and external booking sites, providing a wider inventory distribution, along with real-time integration with partner sites, group booking websites, and other central reservation systems. Hotelogix is used by both new hotels, hotels previously unable to afford such 360 degree technology, and hotels looking to replace legacy systems with a web-based SaaS solution, which gives greater functionality and a higher level of integrations for distribution of inventory. Hotelogix offers 24x7 live support and transparent pricing plans to its customers, and is hosted on highly reliable and secured cloud services. Founded in 2008, Hotelogix is used in over 85 countries including the USA, UK, Mexico, Spain, Australia, Thailand, Indonesia, Malaysia, Philippines, Singapore and is backed by Accel Partners.
http://www.hotelogix.com
https://twitter.com/Hotelogix
https://www.facebook.com/Hotelogix
Find on LinkedIn at https://www.linkedin.com/company/hotelogix
Read our blog on http://www.hotelogix.com/blog/
