http://www.trendfx.net
Contact:
Carolyn Russell, 316-636-2224, trendfx@crussellandco.com
C. Russell & Company Public Relations
Dimension
Development chooses Trend FX, Statability
for automated revenue management
Affordable
“RateAgent” now in 26 of the
hotel management company’s properties
WICHITA,
Kan., Sept. 24, 2002
— Dimension Development Co. — a hotel management
firm — has rolled out a new revenue management solution
from Trend FX and Statability. RateAgent, a flexible, automated,
competitive hotel rate-shopping system, is now in place at
26 Dimension-managed hotels across the country.
RateAgent
helps Dimension automatically evaluate competitors prices,
enhancing the company’s own revenue management strategy
in each local market.
“RateAgent
is a great product at a fair price,” says Dimension
Development Vice President of Sales Ralph Thiergart, “What’s
more, Trend FX’s expertise and reputation for outstanding
customer service will help us take advantage of all this sophisticated
revenue management tool can do to improve our performance.”
“Dimension
Development is a highly regarded management company, “says
Trend FX President and Co-Founder John Romeo. “We are
pleased to partner with them.”
“By
using RateAgent and our other tools, small and mid-sized hotel
companies — for the first time — can use many
of the sophisticated techniques that, historically, have been
available only to very large hotel companies with budgets
to match,” Romeo adds.
RateAgent
gathers rate information from multiple sources, including
competitor hotel brand web sites, global distribution system
(GDS) and non-GDS travel web sites. It even integrates the
local manual process of calling for rates. By analyzing the
data, each hotel team can then better adjust rates to capture
the most revenue, while still reaching occupancy goals.
Other
RateAgent features include:
•
Flexibility regarding where, when and types of rate searched,
such as length of stay, corporate rates and more
• Consolidated executive, regional and hotel level reports
Clients
access the solution in “real time” through a secure
Internet connection. Reports are accessed through the web
and by email.
Dimension
Development is a growth-oriented, hospitality management company
based in Natchitoches, La. Since its formation in 1988, the
company has successfully developed, acquired and managed full-service,
all-suite and select services hotels. Dimension’s current
management portfolio includes Holiday Inn, Homewood Suites
by Hilton, Hampton Inn and Marriott’s Residence Inn,
Courtyard and Fairfield hotel brands.
Trend
FX is the first revenue management solutions company created
by experts in hotel operations. The company offers small and
mid-sized lodging and call center companies affordable —
and powerful — new ways to boost sales and performance
through easy-to-use, web-based solutions. The company recently
announced its alliance partnership with Statability.
Trend
FX’s product line includes RateAgent, Revenue Management
Information System and Call Center Performance System, as
well as consulting services. The company has offices in Wichita,
Kan., and Memphis, Tenn. For more information about Trend
FX, call (866) 487-3633, e-mail Info@trendfx.net, or visit
the company's website at www.trendfx.net.
Statability’s
customized web-based reporting packages enable all levels
of management to quickly and easily tap into their company's
business results, allowing for more informed decisions to
improve operations. The company has offices in Atlanta, Minneapolis
and Sydney, Australia. For more information about Statability,
call (952) 322-5865, e-mail Info@Statability.com,
or visit the company's website at www.statability.com.
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