Time Hotels, a group of small, independent hotels in France, has increased its productivity from third party resellers through the effective use of RateTiger’s channel management tools.
During 2010 the hotel chain installed RateTiger’s channel manager into 25 Time Hotel properties with a strategy to connect to more online sales channels directly in order to better control of sales, pricing and production. In 2011 Timhotel has experienced a successful year achieving better revenues and occupancies than budgeted.
With the majority of the portfolio located in Paris, a tough hotel market, Timhotel now hopes to further increase revenue from online sales. Since last year TimHotel has been selling rooms across an average of 30 websites. With the implementation of RTChannelManager PRO each property has been able to refine its online sales partnerships, focus on important business and increase booking productivity.
“The main challenge today is exposure on the web and trying to control the cost of e-business,” said Mickael Darthiail, Key Account Sales Manager for e-business and Corporate Contracts, Time Hotels. “RateTiger will allow us to identify the best producing websites, while also improve the relationship with channels that have a lower commission.
“In addition, updating 30 channels is a time-consuming process if you access them through each extranet. With RateTiger we can update all channels in one go. This allows us to make sure we have the right rates published and we can manage our inventory allotment to bring as many reservations from as many websites as we can, while optimizing how and who we work with.”
About Time Hotels:
Based in Paris and throughout France, Time Hotels now a fleet of 55 institutions 1 to 3 stars, with over 3500 rooms and 22 restaurants. In a particularly difficult economic context, Time Hotels has maintained its capacity for development, demonstrate its expertise and its strong growth momentum: 15 hotels have joined the group in 2009, 7 since the beginning of 2011. Hotel operator in its own right, Time Hotels owns Timhotel, independent hotel chain in Paris (note the development in the provinces - Lyon and Chartres to date - other projects), and brings together a diverse portfolio of brands and booming: Best Western, Campanile, Comfort, Kyriad, Campanile.
RateTiger is a premium rate shopping and channel management solutions provider, a thought leader in online sales and revenue management. RateTiger’s Product Suite, security certified under ISO 27001:2005, empowers and enables the travel and hospitality industry to compare rates with competitors on a real-time basis and update a wide variety of distribution channels and travel portals easily and efficiently with the largest online channel management network (750+) and XML connections (150+) available. For more details, visit www.ratetiger.com
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