Maxim Revenue Management Systems announces successful integration of TravelCLICK RateVIEW data
CHICAGO,
Illinois - October, 2005 - Maxim Revenue Management Solutions (MaximRMS),
a leading global provider of revenue management systems announced the
successful implementation of a vital new functionality that integrates
TravelCLICK's RateVIEW data into it's powerful revenue management solution.
This capability allows properties to easily access their competitive rate data
in a fast and easy way and then use that information to influence pricing. The
integration of TravelCLICK's RateVIEW information into Maxim's Pricing and
Distribution Channel Optimization functionality gives hoteliers the power to
manage their pricing and distribution more efficiently and improve
profitability. Applying RateVIEW's reliable competitive rate-shopping
information from more than 130 travel, brand and GDS sites, properties can now
make more informed decisions, generating greater revenue results.
Maxim's is the only revenue management solution that allows competitive rate
data to influence its decision algorithms as customized by each property.
"This breakthrough technology has been successfully deployed at hundreds of
installations throughout Maxim's portfolio. We've received a strong positive
response from our clients," stated Steve Gelb, CEO of MaximRMS.
About Maxim Revenue Management Solutions (MaximRMS)
MaximRMS is a pioneer in the field of
automated revenue management. The founder of MaximRMS led the team that
performed groundbreaking research in mathematical forecasting and optimization
to develop the first revenue management system. That same group of experts
joined forces to create maxim® e.FLEX for the hospitality industry. Through
its patented Marginal Value Engine (MVE™), maxim® e.FLEX is the only
hospitality revenue management system that offers Net Profit Optimization.
Powered by this unique algorithm,
maxim®
e.FLEX accurately
forecasts and optimizes the net profit
contribution from every future reservation and guest stay. The result is
an increase directly to the bottom line - delivered every day in hundreds of
installations around the world.
MaximRMS offers the easiest to use and most complete portfolio of revenue
management tools available, including group forecasting and management,
distribution channel optimization, competitive rate analysis and intra-day
optimization. MaximRMS products are compatible with all PMS, CRS, GDS
and Internet distribution channels. With the large scale deployment of maxim®
e.FLEX systems, MaximRMS offers the ultimate in implementation flexibility
along with the best ROI.