Industry Update
Supplier News18 July 2011

Golden Tulip Implements ExtraConnect

Pegasus Solutions® and RateTiger Launch Collaborative Solution with One of World’s Largest Hospitality Groups

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Pegasus Solutions

DALLAS, SCOTTSDALE and LONDON (July 18, 2011) – Louvre Hotels Group, one of the largest hospitality groups in the world, has implemented ExtraConnect, an integrated central reservation and channel management system from industry leaders Pegasus Solutions and RateTiger by eRevMax International. It is the first central reservation system (CRS) to combine the next generation enterprise delivery of Pegasus' RezView® NG with the powerful channel management capabilities of RateTiger's leading Channel Management technology.

ExtraConnect allows Golden Tulip properties to manage rates and availability within the reservations process for its online distribution and marketing partners without the need for manually handling various extranets. The collaborative solution from Pegasus and RateTiger

helps improve hotel rankings on partner sites with faster rate updates and more accurate inventory, while also improving guest service by avoiding the risks of non-seamless reservation processing. ExtraConnect enables consolidation of all channel management reporting onto one dashboard for optimal business analysis, as well as offering rapid-deployment connectivity for new chain agreements. Golden Tulip now also has the ability to send both base rates and derived rates to the various channels chosen per hotel, thus maximizing revenue management. It will also use the solution to automate and consolidate commission processing for extranet channels, while also delivering reservations from external sales parties into the system.

"We use technology to drive business for our hotels," said Riko van Santen, vice president of distribution for Louvre Hotels Group. "After upgrading our Tulip Inn, Golden Tulip and Royal Tulip properties in 40 countries to RezView NG last year, we have now expanded our Goldres3 CRS functionality to offer built-in, scalable and secure extranet management for our varied and widespread international portfolio. This solution closes the gap many hotel chains have in terms of true electronic channel management due to the fragmented and diverse extranet landscape that exists particularly in the EMEA and ASPAC regions. The CRS is truly the CRS again."

RezView NG from Pegasus Solutions allows Golden Tulip to centrally manage content and rates for all channels. Its flexible design allows hotel companies like Golden Tulip to operate and adapt their business in the manner in which they choose, not based upon the constraints of the system. This flexibility includes support for a wide variety of revenue management strategies, the ability to sell and manage non-room inventory, high-level customization, real-time reporting, close integration with property management systems and revenue management systems, as well as automated distribution content management.

"Our product development is driven by our customers' business needs," said Mike Kistner, CEO of Pegasus Solutions. "Our chain CRS customers like Golden Tulip had a need for a channel management-enhanced next generation CRS, so we sought out RateTiger, the industry leader. Integrating the industry's top solutions for reservations and channel management from the market leaders gives Golden Tulip, our first ExtraConnect customer, an unrivaled edge. This innovation is a hallmark of the Pegasus brand, which has been driving our industry's technological change and development for years."

"ExtraConnect is the result of an alliance of technology experts working together to create a system that is relevant to hotels and optimizes how revenue and distribution is managed today," said Sascha Hausmann, CEO, eRevMax International (holding company of RateTiger). "This tool is born of collaboration between the best of breed technologies in each of their respective fields, and as such, it is a seamless product that meets the demands of electronic sales and bookings."

RateTiger provides channel management tools to help hotels maintain all extranet sites from one interface, ultimately helping hotels maximize both revenue and revenue-generating opportunities.

About Pegasus Solutions | Pegasus Solutions is the world's leading provider of technology and services to hotels and travel distributors, supplying the award-winning RezView® NG central reservation system, electronic distribution services, advanced agency commission processing and payment services, and hotel marketing representation services. Founded in 1989, Pegasus created and launched the hotel switch, and today its customers include approximately 90,000 properties around the globe as well as a majority of the world's travel agencies. Additionally, Pegasus' powerful representation arm incorporates Utell® Hotels & Resorts and Utell Connect services that have been chosen by nearly 6,000 member hotels in more than 130 countries. Pegasus is the hotel industry's most experienced third-party marketing, sales and reservations specialist. Pegasus also powers the niche consumer Web site www.hotelbook.com™, dedicated to promoting independent and boutique hotels throughout the world. Headquartered in Dallas, Pegasus has 21 offices in 12 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com or www.utell.com.

About Louvre Hotel Group | Louvre Hotels is a Groupe du Louvre subsidiary and is managed by Pierre-Frédéric Roulot. It was established in 1976 and since 2005 has been owned by Starwood Capital Group. In July 2009 Louvre Hotels joined forces with the Golden Tulip Hospitality Group, when Starwood Capital Group took over the latter. Louvre Hotels Group operates seven clearly differentiated hotel brands, ranging from 1 to 5 stars: Première Classe, Campanile, Kyriad, Kyriad Prestige, Tulip Inn, Golden Tulip and Royal Tulip. Thanks to its expansion plans in growth markets, as well as markets in which the group already has a strong presence (France, Europe, North Africa, Brazil and India), Louvre Hotels Group is a key player in the international hotel industry. It now counts more than 1,100 hotels, representing a total capacity of over 80,000 rooms in 40 countries, managed under three different business models: affiliate, management contract and franchise.

Press Contact Louvre Hotels Group: Ms Olivia Meyer tel: +33142914971 [email protected]

About eRevMax International | eRevMax International is a pioneer in the field of online benchmarking and channel management for the hospitality industry. The company integrates directly with over 700 travel sites, CRS, PMS and RMS companies to provide hoteliers with ultimate revenue and distribution management tools.

RateTiger has become the industry's benchmark for rate shopping; revenue management and online channel management. Hoteliers save time and money running competitor price benchmarking reports and simplifies complex rate and availability updates across multiple online channels. RateTiger also offers premium reporting, distribution automation tools and OTA/XML connectivity.

RTConnect enables hotel companies, distribution partners, revenue management systems (RMS), central reservation systems (CRS), property management systems (PMS) and booking engines to get easily connected to eRevMax's network of hotel room distribution partners for rate and inventory update and reservation retrieval as well as benchmarking services and guest reviews. This eliminates time-consuming integration projects with hundreds of different system providers. RTConnect replaces all that with one easy to use interface.

eRevMax, founded in 2001,is now operating in over 65 countries and 750 cities. The company is headquartered in Dublin, Ireland, with regional offices in Orlando, U.S., London, UK, a technical development centre in India as well as six sales offices in mainland Europe. eRevMax currently employs more than 170 people across the globe, rapidly expanding across the European, American and Asian markets. For more information please visit http://www.erevmax.com

For further information, please contact:
Ryan Haynes on +44 (0) 7825 66 15 75 / [email protected]

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