eRevMax Selected by Oakwood

  • eRevMax
  • 08.27.14
Oakwood Managed Properties has selected eRevMax for channel management and competitor intelligence.

Twelve properties of the group will be using the RateTiger Channel Management solution to manage rates and availability across multiple sales channels from a single platform.

Asia accounts for 7.54 percent of the global serviced apartments market and in 4.76 percent of the world’s serviced apartment locations.  A division of Oakwood Worldwide, Oakwood Managed Properties comprises of an award-winning portfolio of 28 properties that offer world-class long-and short-term accommodation options for both business and leisure travelers in 15 cities.
                                        
“The serviced apartment sector in the region is growing at a tremendous rate of 34 percent per year," said John Seaton, VP Sales– EMEA and APAC, eRevMax. "RateTiger will help Oakwood Managed Properties to expand online penetration and maximize revenue by reaching out to new markets. They can centrally manage rates and availability in real time across a variety of channels, as well as monitor channel performances to optimize online sales from a single interface. Our channel manager helps properties to improve online revenue potential by distributing availability across all relevant sales channels through pooled inventory."

“We are looking at implementing a channel management system that helps us achieve rate parity efficiently,"said Tabatha Ramsay, vice president of sales, marketing and revenue. "RateTiger will help us save valuable time and give us a better overview of the market, enabling us to concentrate on the strategic aspects of marketing."
 
RateTiger, from eRevMax, is a fully integrated channel management and connectivity solution that entirely automates the connection between hotel inventory systems and distribution channels, regardless of business model, connectivity type or geography. Leveraging the flexibility of RateTiger, Oakwood Asia can maximize its revenue opportunity and reduce its distribution costs by quickly and efficiently increasing its distribution reach.



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