Maxim Revenue Management Solutions and TravelCLICK successfully deploy revolutionary RevenueDASHBOARD™ system at The Charles Hotel, Harvard Square
CHICAGO, March 2005 -- Strategic partners, Maxim Revenue Management Solutions (MaximRMS), a leading global provider of Revenue Management software and services for the hospitality industry and TravelCLICK, the leading provider of solutions that help hotels maximize profit from electronic distribution channels, announced the successful deployment of RevenueDASHBOARD™ at The Charles Hotel, a 300-room luxury hotel in Cambridge, MA. RevenueDASHBOARD™ is the only Revenue Management system built specifically for Senior Executives and Hotel Owners.
RevenueDASHBOARD™ provides executives with an overview of their hotel's or company's forecasted demand by channel, benchmarked against budget and against their competitive set. By proactively identifying all 'peak' and 'need' periods, the system generates specific calls to action that allow hotels to not only meet their revenue and net profitability budgets, but also improve their competitive position in their respective market, across their entire electronic channel mix.
A luxury hotel with a long history of being the leader when it comes to innovative ideas, The Charles Hotel has focused on using the revolutionary RevenueDASHBOARD™ system for its ease-of-use and forecasting accuracy. The system provides forecast data available at the click of a mouse. By reducing the amount of time spent collecting, collating and updating data, RevenueDASHBOARD™ makes it possible for the hotel's executives and revenue management team to maximize its focus on analysis and decision-making.
About TravelCLICK
TravelCLICK is the leading provider of solutions that help
hotels and other travel industry suppliers maximize profit
from electronic distribution channels. TravelCLICK's
competitive benchmarking reports provide hotels with price
and booking performance information unavailable through any
other source. The company's exclusive electronic marketing
networks allow hotels and other travel related suppliers to
target promotional messages to specific travel agents,
consumers, and group meeting planners when they are booking
travel. The company's portfolio of E-commerce solutions
enables hotels to better execute strategies that increase
business into their own web sites.
Established in 1996 and headquartered in the Chicago area,
TravelCLICK operates in more than 140 countries around the
world. The company has over 6,000 clients, including
national and international companies such as Accor, Air
France, Avis, Best Western International, British Airways,
Carlson Hotels Worldwide, Choice Hotels, Fairmont Hotels &
Resorts, Four Seasons Hotels & Resorts, Grupo Posadas,
Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski
Hotels & Resorts, Leading Hotels of the World, Loews Hotels,
Lufthansa, Marriott International, NH Hotels, The Peninsula
Group, The Ritz-Carlton Hotel Company, SAS, The Savoy Group,
Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts,
Thistle Hotels, USAirways, Virgin Atlantic and Wyndham
Hotels & Resorts. Visit
www.travelclick.net
for more information.
About The Charles Hotel
The Charles Hotel, Harvard Square is an independent luxury
hotel and a member of Preferred Hotels and Resorts
Worldwide. An AAA Four-Diamond award-winner, The Charles may
be the only hotel in the world to host both Noble Laureates
and New England farmers. Reflecting the eclecticism that is
Cambridge, The Charles Hotel is a modern interpretation of
New England hospitality with a thriving jazz club, the
Regattabar, two signature restaurants, state of the art
conference facilities and a central location in the heart of
Harvard Square. The hotel is home to Henrietta's Table,
featuring "fresh and honest to goodness home cooking," and
Rialto, one of the best restaurants in America [Gourmet,
Food & Wine, Esquire, et. al.] The Sapphire Restaurant
Group's Michela Larson, Gary Sullivan, Jody Adams and Karen
Haskell recently opened Noir on the first level of The
Charles Hotel. Designed by Peter Niemitz to reflect the
decadent atmosphere of 1940s nightlife, Noir's drink menu
features a mix of classic cocktails and a bar menu perfect
for late night or afternoon dining. Visit
www.charleshotel.com
for more information.
