Maxim Revenue Management Solutions and TravelCLICK successfully deploy revolutionary RevenueDASHBOARD™ system at The Sutton Place Hotel, Chicago
CHICAGO, October 2004 -- 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 Sutton Place Hotel, Chicago. The announcement follows a successful six-month operation of RevenueDASHBOARD™ at the property. 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 premier destination in the heart of Chicago's shopping and entertainment districts, the Sutton Place Hotel Chicago's focus has been to use the RevenueDASHBOARD™ system for its highly accurate forecasting. Remaining competitive in the Chicago market has become increasingly challenging with the increased supply in recent years. Sutton Place Hotel Chicago needed an easy-to-use, accurate tool such as RevenueDASHBOARD™ to help make intelligent, competition-based and focused decisions to meet their financial goals and improve their competitive ranking.
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 Sutton Place
Hotel, Chicago
The Sutton Place Hotel, Chicago, is located at
21 East Bellevue in the heart of Chicago's Gold
Coast. Originally built in 1988 as Hotel 21
East, the 23-story luxury hotel is world renown
for its high-tech amenities and exceptional
service. In 1995, The Sutton Place Hotel became
a member of The Sutton Place Grande Hotels
Group, with luxury properties located in
Newport Beach, Calif., Toronto and Vancouver.
Visit
www.chicago.suttonplace.com for more
information.

