CHICAGO, 1-June-2001 - Maxim Revenue Management Solutions (MaximRMS) is pleased to announce that it has released an updated version of the maxim® Revenue Management System. First installations were completed in European properties of one of the world’s largest international hotel chains. Additional installations are currently underway at leading international hotel chains in the United States and other properties in Europe.
maxim is a state-of-the-art Revenue Management System for the hospitality and car rental industries. maxim differentiates itself from other revenue management systems through its patented optimization engine trademarked as the "Marginal Value Engine™" (MVE). The mathematical algorithms that are utilized by the MVE™ result in the highest level of revenue in rate and room offerings for sale. The new version includes enhancements such as new group forecasting, comprehensive tools to evaluate group impact on transient business and the ability to incorporate ancillary revenues when the system determines the best mix of rates and room types to offer for sale. The new version also offers intra-day forecasting as needed to capture last minute changes in reservation activities.
maxim‘s group forecasting takes into consideration budgeted and/or current blocked information at the definite, tentative and prospective levels. This creates an extremely precise group forecast and ensures all "real world" constraints are taken into consideration when determining what should be for sale. maxim tracks group booking patterns and notifies users when group activity/behavior is abnormal, allowing for critical changes to be made.
About Maxim Revenue
Management Solutions (MaximRMS)
MaximRMS is a pioneer in the field of
computerized revenue management. The founder of
MaximRMS led the team that performed
groundbreaking research in the early-1980’s in
mathematical forecasting and optimization to
develop the very first revenue management
system. That same group of experts joined forces
to create maxim for the hospitality
industry. Through its patented Marginal Value
Engine (MVE™) maxim is the only Revenue
Management System that offers Profit
Optimization for the global hospitality
industry. maxim
forecasts and optimizes the net profit
contribution from every future reservation and
guest stay. Through the creation of a global
hospitality alliance with best in breed Revenue
Management companies around the world, MaximRMS
stands poised to be the global leader in Revenue
Management products and services for the
Hospitality Industry. Offering the most
sophisticated portfolio of Revenue Management
tools available anywhere today, including group
forecasting and management, contract and RFP
evaluation, pricing, Intra-day optimization and
24/7 OnDemandSupport™, maxim is
compatible with all PMS, CRS, GDS and Internet
distribution channels. With the introduction of
the new, exciting, customer-driven maxim Flex
and maxim e.FLEX systems, MaximRMS offers
the ultimate in implementation flexibility along
with the best ROI - and that's the Bottom
Line!! Please visit
www.MaximRMS.com for more information.
