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Oberoi continues with Rate Tiger
Wednesday, July 09, 2008
The luxury hotel brand – Oberoi Hotels & Resorts – is expanding its relationship with Rate Tiger. Oberoi Hotels & Resorts, which has recently extended the number of luxury leisure hotels in India, has been using Rate Tiger products since May 2007.
 
Oberoi says it will continue to use Rate Tiger’s RTAllocator Pro solution in eight Indian properties. RTAllocator Pro has been chosen as the preferred channel manager technology product to assist Oberoi Hotels & Resorts set the best price and type of rooms it makes available through multiple third-party websites.
 
“This will enable our international brand of luxury hotels and resorts to maintain a competitive edge and maximise on our online markets,” says Himanshu Rastogi, Assistant Vice President, Distribution & Revenue Management Oberoi Hotels & Resorts. “Rate Tiger suites have unique functions that keep revenue management flexible and increase yields from our internet sales.”
 
“RTAllocator Pro has helped us install brand consistency across the web and improve our properties’ market exposure while maximizing revenue. It is a highly effective way to maintain a competitive edge over our rivals.”
 
The real-time technology enables hotels to update and revise rooms and rates it offers on the internet. It also enables a hotel to monitor activity through a single interface. This allows execute online marketing strategy more effectively.
 
“RTAllocator Pro has been received well by the hospitality market,” says Sascha Hausmann, COO. “We are on course to meet growth targets for 2008. The renewing of these quality establishments shows we are committed to working with hotels and developing the online revenue and channel management market. Rate Tiger has grown phenomenally in the past 12 months and we are making headways in new markets like India.”
 
“Our products are being used daily by over 12,000 hotels worldwide helping to monitor and manage over 300 third-party distribution channels.”
 
The tools will allow the chain to run a consistent and streamlined channel management programme.
 
Rate Tiger has experienced phenomenal organic growth since launch in 2002 and now has eight offices globally in six languages.
Theodore Koumelis - Wednesday, July 09, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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