RateTiger has launched a new service to offer buyers a better insight into how rates are behaving. An enhanced RTCorp solution will make all rate data available to online hotel sales channels, hotel chains and corporate buyers to provide greater pricing transparency. The new RTCorp Snapshot meanwhile, provides a one-off report service to help buyers or sellers better understand rate performance at a given time.
Both travel bookers and online travel agents can monitor hotel rates across multiple channels to ensure that prices are reflective of negotiated rates or conform to contractual agreements. This data can be extracted from travel websites and hotel sites and GDSs.
“We’ve been inundated by requests from corporations and travel management companies to tailor our RTCorp service to allow them to get just a snap shot of the hotel marketplace,” said Keith Watson, RateTiger’s Division President for RTCorp. “Whilst many of our customers need to receive regular rate data to monitor prices, some in the corporate space need it only monthly or quarterly dependent on events or budget planning. RTSnapShot gives them only the most relevant pricing data without long-term commitment to an ongoing subscription, making better sense for budgets and rate planning.”
RTCorp Snapshot will be available for demo at the GBTA 2011 event.