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Tiger’s Supremacy Evokes Fear!

Someone has fallen prey to the Tiger’s stealth, with their recent attempt to rattle the Tiger’s cage falling flat. Our Tiger’s growl is enough to scare them away!

The Tiger is indigenous to the global hospitality jungle and is considered the king by one and all. In a poll conducted by Animal Planet, the largest of the big cats was voted the world’s favorite animal. 

It’s fierce and commanding rate attention ensures weaker predators are kept at bay. Smart hoteliers know that premium products deliver the right results. You cannot be cheap in offering Rate Parity as it is only one of many parameters. 

The Tiger takes a noble and discerning approach to help his streak of hotel cubs maximize revenues in the growing e-marketplace. 

This Tiger is your weapon to guest booking survival.

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NBTA International Convention & Exposition 2010

Earlier this month, I was in Houston to attend the International Convention organized by the National Business Travel Association, the leading Association for the corporate travel community. The event included a full schedule of educational seminars as well as an exhibition floor for travel buyers & sellers to interact.

I was excited to see a gathering of over 6000 attendees from all sectors of the corporate travel vertical including corporate travel executives, airlines, hotel groups, transportation companies, corporate travel management companies, meeting planners and technology companies.

The convention began with the announcement of NBTA’s plan to aggressively pursue a more global approach and its rechristening to Global Business Travel Association (GBTA). This was followed by educational sessions covering various aspects of corporate travel.

Key speakers focused on the recovery of the industry over the past 3 quarters with an expected increase in rates for 2011. One of the main topics of conversation was the increase in unbundled fees in the airline industry and the possible implementation of these in the hotel industry to give hotels the opportunity to increase revenues.

I found NBTA Convention to be the perfect platform to introduce RateTiger’s real-time hotel rate benchmarking tool – RTCorp to the corporate travel managers. The corporate travel industry is at a point where corporates need to be able to benchmark their contracted rates so that they can obtain the best possible rates for their companies.

Traditionally corporate travel managers used to contract their hotels once a year for the year. However with the advent of hotel yield management, hotel rates are changing consistently, sometimes on a daily or even hourly basis. RTCorp gives travel managers the opportunity to evaluate their contracted rates against the OTA lowest published rates and provides them with the reports necessary to approach and re-contract their hotels.

Our presence at NBTA helped educate the travel managers as to the value of benchmarking their contracted rates against the OTA rates. Our direct meetings generated a lot of interest amongst the attendees and we found corporate travel managers understanding the need for a benchmarking tool to help them negotiate with their travel suppliers harder and get a better and open deal.

Overall it was a great experience and kudos to NBTA for putting together a very well organized and meaningful event. I look forward to attending the next convention but with a different name – the GBTA International Convention 2011 😉

Mark Neter is International Sales Manager at eRevMax. He is based out of US and can be reached at markn@ratetiger.com

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ITB Berlin 2010

ITB Berlin 2010 has kicked-off to an excellent start as our CEO completes a contract of partnership with Micros as RateTiger technologies further integrates with Micros Opera suite to provide channel management features. Our sales managers have also been bouncing around the very large exhibition centre meeting with hotels chains and property owners to display the wide-range of services RateTiger provides.

This year we are also providing support to manage Advertising campaigns with our special partner TravelScream; hoteliers seem to be lapping this up while trying to get their head around how we are integrating all their processes into one – their eyes often beam when we say that as they realise how much time they will save.

Our RTSchool is being received with great interest, the Distribution Days in May and June will help hoteliers understand and get a greater grasp of multi-channel sales through a programme exploring channel management in changing markets with Xotels.

This year we have installed a large and impressive touch-screen display on our stand in hall 8.1 which is currently running the RateTiger iPhone application. Those RateTiger team members with an iPhone are proudly and excitedly presenting it to all delegates visiting us.

There is a constant stream of attendees through the Technology Hall all of which are at least pausing by the RateTiger stand in interest. It seems this is the year of channel management – we are all really feeling it, suddenly hoteliers truly understand how these technologies work and the necessity for them.

Ryan Haynes is the Marketing Head at eRevMax and is responsible for driving all PR and Marketing activities of RateTiger and eRevMax brands globally. Ryan is based out of London and can be reached at ryanh@ratetiger.com


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Collecting the European Seal of E-Excellence 2010

We were honored to achieve the accolade of European Seal of E-Excellence for a second year in the row.The award recognized our commitment to providing intuitive and innovative solutions for the hospitality industry. Following last year’s success for RTStrategyEngine, this year it was time for RTSuite to take centre stage.

We applied for the European Seal of E-Excellence following the completion of our consolidation of hotel products (Shopper, Allocator and ChannelManager) into the single user-interface RTSuite. RTSuite was welcomed by our customers utilising two products, now making it quicker, faster and more efficient to manage multiple channels while remaining competitive.

The European Seal of E-Excellence was presented at the famous global technology show – CeBIT in Hannover, Germany. Here, companies have launched and unveiled new and life changing technologies from the Apple iPhone to Google Maps – I had the chance to get up close and personal with one of the Google Filming Cars – pretty meaty machines! So, with innovation being at the forefront of CeBIT it was only natural for the European Seal to be presented here.

The 60-minute ceremony acknowledged innovations and technologies from all across Europe followed by a social event for winners to discuss their award-winning tools. It became apparent that the theme was social media, from research to aggregation to dissemination – most of the winners worked across these new digital platforms providing solutions to help companies manage new business opportunities.

It was also interesting to learn that the recession hit the technology industry hard and CeBIT had fewer exhibitors than previous years, as noted by many delegates and witnessed by many bare spaces. However many are confident that it will pick up in the next 12months after a years lull. We at eRevMax look forward to RateTiger achieving more accolades this year and hope to return to the European Seal of e-Excellence in 2011.

Ryan Haynes is the Marketing Head at eRevMax and is responsible for driving all PR and Marketing activities of RateTiger and eRevMax brands globally. Ryan is based out of London and can be reached at ryanh@ratetiger.com

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RateTiger visits Italian hospitality events

With various hospitality focused events taking place around the globe, we try our best to find out the best ones to attend. Recently I visited a couple of events – TFP in Milan and Revenue Day in Rome. Both were completely different events and though TFP Milan had a good turn-out, I really enjoyed the much smaller Revenue Day session which was very interesting and focused.

TFP was massive in scale with over 2500 people present but since the focus was focused on hospitality recruitment, I found the event to be a bit boring. On the other hand Revenue Day had around 50 hoteliers and the main speaker was the famous Italian Revenue Manager Franco Grasso who did an interesting training type session on revenue strategies.

I also got an opportunity to do a short presentation explaining how to apply Revenue Management through technology products like RTSuite and RTStrategyEngine. I was also invited to share inputs on channel management opportunities present to hoteliers today. Other discussion topics included Web 2.0, Brand Reputation, etc.

I feel such training sessions and Revenue Day organized by different associations are very helpful , not only for us as technology providers but also for hoteliers as they get exposed to various upcoming and useful tools that can be of immense help in their day to day operations.

I look forward to researching and attending various other such events in Italy.

Enzo Aita is Sales Manager – Italy at eRevMax and is responsible for sales of RateTiger products in the region. Enzo is based out of Italy and can be reached at enzoa@ratetiger.com

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Florida Huddle 2010

Organized at St. Petersburg/Clearwater from January 24 through to January 26, 2010, Florida Huddle turned out to be a great event for me.

The event focuses completely on buyer-supplier meetings and is a good platform to meet prospective buyers and close deals. A new segment called the Travel Service Provider has now been incorporated as well. However they need to clearly define the requisites to qualify as supplier and /or travel service provider.

The discussions at the event revolved around the current economic scenario, similar to the OHV agenda. Hoteliers in Florida too are driving occupancy and not ADR. More than 165 hoteliers were present in the total gathering of 200 plus visitors and all were eager to find out the best way to take prices up again.

From the business perspective, presence at Florida Huddle is always lucrative as it allows decision makers from the buyer and supplier sides to meet directly and cut deals. RateTiger too signed many new contracts at the event and it was a very successful event for all involved.

Siobhain McArdle is Sales Manager for south eastern states of USA at eRevMax and is responsible for sales of RateTiger products in the region. She is based out of Florida and can be reached at siobhainm@ratetiger.com

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Hotelier ÖHV Congress 2010

The Austrian Hotel Association (ÖHV) recently organized the hotel industry’s annual congress from 18 – 20 January 2010 in Zell am See, Salzburg. The event focused primarily on the economic situation of hotels in Austria.

I was representing RateTiger there and was not amazed to see that Austrian hoteliers too like their counterparts across the world have resorted to the mantra of ‘Putting heads in beds’. In the process they have gone into the discount mode to increase bookings. This has led to erosion in hotel rates which has hugely impacted their economic situation and hence the main agenda at ÖHV was to find ways to deal with the current scenario.

More than 250 hoteliers attended the event which was a good thing. It proved that Austrian hoteliers are eager to find out what they can do to conquer the situation. It was a good experience for me to meet with them and gain awareness about the market. On the other hand, it presented me with an opportunity to tell them about RateTiger which can help them in effective distribution of rates and inventory online to reach a wider audience. Overall it was a nice opportunity to explore a new market.

Ulf Guldi is Sales Manager – Germany at eRevMax and is responsible for sales of RateTiger products in the region. Ulf is based out of Germany and can be reached at ulfg@ratetiger.com

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MATKA 2010

Matka 2010 held recently from 21st – 24th January 2010 at the Helsinki Exhibition and Convention Centre turned out to be a very modern and well organized fair. The event was focused on the Finnish hospitality market but also included exhibitors and visitors from Scandinavia, Baltics, Poland, Russia, Iceland and Greenland.

Inspite of the temperature hovering around -20 degrees Celsius, more than 80,000 people attended the convention & fair, of which over 18000 were travel trade executives. There were quite a few hoteliers, including groups like Radisson Blu, IHG, Best Western, Omena and Reval Hotels. To my pleasant surprise, there were a large number of independent hotels as well and infact were representing properties from far and across including Vietnam, Korea, China, Panama, Seychelles, USA, Russia, Baltic countries and of course Finland.

The event had various sessions and the main topics included ‘How to be different in hard times as a supplier?’ and ‘How to deliver quality and meet price expectations for your clientele?’

Attending MATKA helped me evaluate the online distribution scenario in Finland. Many hoteliers now understand the opportunities that online distribution & channel management offers. Surprisingly however a substantial number of hoteliers are still using pen and paper methods and manually updating 3rd party websites. Hence the need to educate them on automated benchmarking and channel management practices is a must since Finland can become a fantastic gateway to unexplored territory in Northern Scandinavia and Russia.

Overall it was a great event and I was happy to hear “We know about RT, tell us more” from various hoteliers in the region. For me it was the key that unlocked many doors and created many opportunities.

Dan Jakobsen is Sales Manager, Europe at eRevMax and is responsible for sale of RateTiger products in the region. He can be reached at danj@ratetiger.com

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FITUR 2010 (Feria Internacional de Turismo)

The 30th edition of the International Tourism Fair in Madrid, FITUR 2010, has left us enthusiastic as we experienced overtones of recovery in the sector. This edition won’t be remembered as the brightest in terms of participation and spending, but has left a good taste in projects and good wishes from the exhibitors.

The data shared showed some light at the end of the tunnel: although the area covered by the fair has declined over the previous year, the number of participating countries, 170, still held FITUR between 2 or 3 main trade shows in the tourism industry.
In general, stands were smaller and somewhat simpler than in previous editions, but some have been very original considering the lack of budget with creative designs. The overall size has fallen from 12 to 10 halls.

RateTiger was present at this year’s CEHAT booth (Spanish National Hotel Association) to strengthen our market presence and confidence in the Hotel sector.

During FITUR we announced the integration agreement with Tradyso – one of the major CRS in the Spanish market- the new integration will help Tradyso’s 1000 customer hotels to completely automate and streamline online distribution and management through itsTradyso CRS.

FITUR has made clear commitment to the Online sector, Web 2.0, technology, social networking, video marketing among others during FITURTECH conferences.

Following this concept, the Director of Turespaña (Spanish Tourist offices), Antonio Bernabe, presented at Fitur the new campaign that will promote tourism in Spain through social networks under the slogan “Spain, a country to share.” The concept of this new promotional campaign is based on Spaniards touring different Spanish cities and divulging the secrets and local attractions, sharing information and experiences in order to attract foreign tourists through networks like facebook, twitter and YouTube.

FITUR also offered solidarity to the recently destroyed island nation of Haiti and provided a complimentary stand at the trade show.

In summary, this 30th edition has shown us, above all, the enthusiasm for the recovery of a sector affected by the global crisis and the opening of new tourist destinations that focus on online distribution as an unbeatable engine to boost sales.

Pilar Sanchez Aita is Sales Manager for Spain & Portugal at eRevMax and is responsible for sale of RateTiger products in the region. She can be reached at pilara@ratetiger.com

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INFOCOM 09-10: Creating business opportunities through social media marketing

INFOCOM 09-10, the largest congregation of ICT professionals, corporate leaders, academicians and policy makers in India is organized in Kolkata annually. The recently concluded event had quite a few parallel sessions on ICT focused topics. Creating business opportunities through social media marketing was one of the interesting sessions that I attended.

The session attracted around 50 – 60 people with a good mix of students, executives, as well as senior members from various business houses and corporates. The two main speakers Sriram from Iridium Interactive and Siddharth from Indusgeeks shared engrossing insights about social media marketing and virtual gaming marketing respectively. The session focused on the growing need for Indian businesses to look at social media marketing as an important aspect of their overall marketing plan.

Sriram shared quite a few Indian examples as to how corporates like ICICI, Reliance etc have handled rumors and criticisms and used the right crisis management measures to ensure consistent brand image. He also laid stress on the fact that content on various media is beyond a company’s control. Hence one needs to be very proactive in their approach and respond to these conversations to clearly put forward their stand on the discussed context. Platforms like Facebook, twitter, blogs etc today are being effectively used as effective marketing and PR tools in the West and Indian businesses too need to start adopting it.

On the other hand, Siddharth brought in a new angle to the session by sharing videos on how virtual gaming like Second Life and other such forums are the future of marketing. He stressed on the need to target the growing population who now have a virtual Avatar (he referenced the recently released blockbuster Avatar) and link with them. Certain examples he shared – Advertising in Sports-focused-online-games is today one of an attractive ways to reach out to a huge fan base instantly. These are the new techniques that he is promoting and also the fact that its no more about Brand campaigns..infact we are in a transformational stage, today it is more about Brand Experience.

The key take aways from the session – One cannot just rely on the online impressions being generated by a brand anymore, there is an increasing need to provide visitors with a brand experience. This then needs to be measured by the amount of time they spend on your web pages, responses on you blog, tweet backs, discussions around your brand etc. Hence an effective digital & social media marketing strategy is a must for any brand today.