Monday, September 5, 2011

BWI: RateTiger Marks its 10th Anniversary

Press release from Business Wire India
Source: eRevMax
Monday, September 05, 2011 04:00 PM IST (10:30 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Advertising, PR & marketing, Business services, Hospitality, Travel & tourism; Technology
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RateTiger Marks its 10th Anniversary
A decade of excellence, technology leadership and business success

Kolkata, West Bengal, India, Monday, September 05, 2011 -- (Business Wire India) -- eRevMax International, global software and services provider and owner of RateTiger, SimpleDistribution and Lunar Logic Polska, today celebrates its tenth corporate anniversary. The company has specialized in revenue and distribution solutions for the hospitality industry for a decade, having launched one of the very first electronic, online and hotel website room rate shopping services in early 2002.

The lead product brand, RateTiger, was one of the first to focus on bookings and revenue from the internet. The channel manager launched within a couple of months of incorporation and was built to specifications requested by hoteliers. RateTiger today is setting a standard in the online revenue maximization market with the largest and most diverse distribution network of over 700 connect channels worldwide.

eRevMax was founded by two visionaries, Reuel Ghosh and Andrew Morsi, who sought to help the hotel industry define, control and better manage the then upcoming internet sales channel. Incorporated in New Jersey, Ghosh provided a profound background in technology development projects supported by Morsi's in-depth revenue management experience. Their vision has been to provide modular based, a-la carte services resulting in eRevMax today serving over 5000 clients in 65 countries and over 750 cities worldwide with more than 250 people working cohesively across the world to deliver premium solutions.

"Over the last ten years, eRevMax has seen significant growth as the company has strictly adhered to the founders belief in innovative and qualitative solutions," said Sascha Hausmann, CEO, eRevMax International, "I would attribute this success to our focus on deploying only the best high-quality technology and the dedication we've had from our employees over the last 10 years, especially from our founding CTO, Udai Singh Solanki. Reaching this milestone in our company's history is a true testament to everyone who's been involved, from the technicians to our customers - who have really helped shape the technology that it is today."

This year also marks the expansion of eRevMax International to new territories in Australia, New Zealand, China and South Africa. Earlier in the year the company acquired Lunar Logic Polska, a Poland-based web and digital development company to spur channel management, rate shopping and strategy technologies into the next generation.

"We at Royal Orchid Hotels partner with the best technological resources to be the leading pioneers in hospitality. We are the fastest growing hotel chain and are doubling our room size by the end of the current fiscal year. The increase in internet and online bookings has made it mandatory for us to ensure our rates are accurate across all channels. With RateTiger, we keep a control on our business in real time with revenue optimization 24X7," complimented Dhiraj Trivedi, Corporate Director of Revenue Management & Electronic Distribution, Royal Orchid Hotels.

The constant focus on technology innovation and customer centric approach of eRevMax has been recognized with several awards and certifications, including the European Seal of e-Excellence for the Marketing of Innovation for the last three years (2009, 2010 & 2011) and ISO 27001:2005 as well as PCI-DDS certification. The company also runs Corporate Social Responsibility (CSR) programmes, including supporting two primary schools in remote villages of West Bengal, India.

The company has clients across the Americas, Europe, Middle East, Africa (EMEA) and Asia-Pacific including Accor, Oberoi Hotels and Resorts, Royal Orchid group, Four Points by Sheraton, Fortune Hotels and Country Inn & Suites by Carlson.

About eRevMax:

eRevMax International is a premier, security certified, global software and services house. It combines technology, knowledge and expertise in connectivity, market intelligence, revenue and distribution management for the hospitality and travel industries. Incorporated in 2001, eRevMax caters to over 5000 customers in 65 countries and 750 cities worldwide. The company has offices in USA, UK, India, Spain, Germany, Netherlands, Poland, Singapore, Australia, South Africa and R&D centres across two continents.
As a thought leader, eRevMax provides premium full service technology solutions and services and has been recognized with the European Seal of e-Excellence for the last three years for Marketing of Innovation (2009, 2010 & 2011). In an intensely competitive marketplace for online distribution and revenue management, the organization has built a reputation and core-differentiating attribute with a unique customer-centric approach.

The main suite of products, RateTiger, is a full service online distribution management solution for the travel and hospitality sector. SimpleDistribution, for hotel businesses only, is a web-based tool for market intelligence and channel management, tailored for cost sensitive businesses. Lunar Logic Polska, a subsidiary of eRevMax International, is a web and digital development services company based in Poland.

A diverse, experienced and motivated talent pool of over 250 people cohesively work together to deliver premium solutions based on a mature global delivery model to clients across the Americas, Europe, Middle East, Africa (EMEA) and Asia-Pacific. eRevMax International believes in its people and offers fast-paced career opportunities, with global exposure to best business practices at the forefront of cutting-edge technologies. For further details, please visit www.erevmax.com


CONTACT DETAILS
Aparna Bhattacharya, eRevMax, +91 9163065067, aparnab@erevmax.com

KEYWORDS
CONSUMER, TOURISM, MARKETING, BUSINESS SERVICES, HOSPITALITY, TRAVEL, TECHNOLOGY

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