Published: 23 Sep 2007

The portfolio upgrade by Rate Tiger, a provider of online distribution and revenue management technology solutions for the hospitality industry, has extended features and functions for existing customers and aims to assist smaller hotels in benchmarking their rates against competitors as well as distribute rates and inventory into the online market.

“We have upgraded our products to make it easier for hoteliers to understand how to manage their online resources more efficiently,” says Sascha Hausmann, Chief Operating Officer, Rate Tiger. “Online distribution channels are becoming more complex. Hotels must begin to work with the Internet by making the most of technologies that help to market their products.”

“The developments in the RT Suite will give our customers a 360 degree view of rates and availability on current distribution channels to make informed decisions to further allocate inventory,” said Andrew Morsi, Co-founder, Rate Tiger. “Now hoteliers can manage even complex strategies and update all room type and packages at all websites with one value. Hoteliers can implement rate strategies for example Rate Parity, Lowest Rate Guarantee, Best Available Rate (BAR), with more simplicity and control than ever before.”

Together with the introduction of split product lines Rate Tiger has changed pricing. Pro suites will be charged at the same price as the initial RT Allocator and RT Shopper products, now with additional distribution channels for customers to benchmark their property against. Pro suites will also be available in a range of packages which provide hotels with the ability to select the number of websites they would like to maintain and therefore only pay for what they need, stated a release.

Pro versions of the products will be similar to the originals but with greater flexibility in the design and functionality of the single-user interface. RT Allocator also features new handling mechanisms for merchant rates, simplifying the process of managing online distribution channels and making select tasks much more flexible. RT Shopper will give hoteliers further adaptability for retrieving market status reports.

Rate Tiger is offering the entry-suite at half the price of Pro (below 100 Euros per month) to give small and boutique hotels the opportunity to purchase a quality product at affordable prices. Lite is being termed as an ideal solution for independent properties unable to assign time and resources into administering multiple distribution channels.