Wizcom Signs Prime Hospitality Corporation, Peabody Hotel Group And Innlink For Easyaccess Plus - RateManager, A New Advanced Rate Management And Distribution Tool
PARSIPPANY, NJ | WizCom International, a subsidiary of Cendant Corporation (NYSE: CD) and a global provider of technology and distribution solutions, today announced agreements with Prime Hospitality Corporation, Peabody Hotel Group and InnLink, for its recently launched EasyAccess Plus - RateManager tool.
PARSIPPANY, NJ | WizCom International, a subsidiary of Cendant Corporation (NYSE: CD) and a global provider of technology and distribution solutions, today announced agreements with Prime Hospitality Corporation, Peabody Hotel Group and InnLink, for its recently launched EasyAccess Plus - RateManager tool.
At the forefront of technology in the rate loading process, RateManager enables the loading and mass transmission of hotel rates in a matter of seconds - a process that used to take weeks and months to complete. RateManager is the latest component of the EasyAccess suite of products and is positioned because of its unique capabilities to become an industry leader in the central management and distribution of hotel rates.
RateManager's innovative automated software capabilities now enable hoteliers to save time and operational costs through the increased speed of rate loading and delivery that replaces the most common manual loading processes. It virtually eliminates the frequent errors associated with redundant rate loading to each global distribution system (GDS) and the hotelier's central reservation system (CRS).
Key functionality unique to RateManager includes simultaneous mass propagation and transfer of rate data to all the GDSs, expanded rate value entries, rate security profiles associated with multiple rate codes, block space, blackout dates and XML interfaces to both request for proposal (RFP) vendors and the hotelier's CRS. Most importantly, RateManager is compliant with the National Business Travel Association (NBTA) through 2005 and contains all the data elements required for NBTA, consortia and corporate RFPs. Increased speed of rate loading and improved accuracy provides greater flexibility to deliver the right rates at the right time, significantly improving rate performance.
Commenting on the agreement, D.J. Vallauri, vice president of eCommerce and CRM for Prime Hospitality stated, "RateManager's automated rate loading and distribution process has transformed the way we manage rates. We estimate that this technology will cut back the time frame for loading rates by as much as 80 to 90 percent as well as cut costs by about 70 to 80 percent compared to our old manual systems."
"The ease and accuracy of this new tool provides our valuable hotel clients with considerable savings opportunities to reduce their rate loading operational costs, while the significantly enhanced speed of delivering those rates to the market supports increased revenue opportunities through the GDS," said Andy Hermo, vice president, enterprise sales and account development for Cendant Travel Distribution Services. "RateManager is designed specifically to maximize resource efficiency, allowing hoteliers to focus on the revenue generating opportunities rather than resource intensive internal processes."