Preferred Hotel Group Advances Rate Intelligence for Member Hotels
Preferred Hotel Group has selected RateGain to power its iRate solution - a customized tool that provides advance rate intelligence for hoteliers worldwide. With Preferred Hotel Group’s iRate program, revenue and general managers are able to generate and view competitor rates through SaaS-based technology. The technology allows managers to produce real-time, on demand rate shop reports, with a defined set of competitive hotels for a defined period of time and length of stay across multiple channels.
“Preferred Hotel Group is constantly exploring innovative solutions in order for its members to stay competitive. RateGain provides an impressive capability to customize features for our iRate solution, and allows our member hotels easy access to view competitive pricing strategies,” explains Michelle Woodley, senior vice president of distribution and revenue management for Preferred Hotel Group. “They are the perfect partner to provide the most advanced technology and the highest levels of support to meet the business intelligence needs of our members.”
With a global reach of more than 850 hotels and resorts in 70 countries, Preferred Hotel Group is a membership-based exchange program for luxury shared ownership resorts. The company represents six distinctive brands: Preferred Hotels & Resorts, Preferred Boutique, Summit Hotels & Resorts, Sterling Hotels, Historic Hotels of America and Preferred Residences.
“Preferred Hotel Group is constantly exploring innovative solutions in order for its members to stay competitive. RateGain provides an impressive capability to customize features for our iRate solution, and allows our member hotels easy access to view competitive pricing strategies,” explains Michelle Woodley, senior vice president of distribution and revenue management for Preferred Hotel Group. “They are the perfect partner to provide the most advanced technology and the highest levels of support to meet the business intelligence needs of our members.”
With a global reach of more than 850 hotels and resorts in 70 countries, Preferred Hotel Group is a membership-based exchange program for luxury shared ownership resorts. The company represents six distinctive brands: Preferred Hotels & Resorts, Preferred Boutique, Summit Hotels & Resorts, Sterling Hotels, Historic Hotels of America and Preferred Residences.
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