RateTiger

Magna Hotel and Suites, Nairobi Experiences Revenue Growth with RateTiger 

Press Release
Magna Hotel & Suites RateTiger

Nairobi, 16 May 2023


Recommends RateTiger Shopper & Booking Engine for all-in-one online distribution  

Nairobi-based Magna Hotel & Suites has found the ultimate hotel revenue-management solution with RateTiger. This 4-star property has been using the RateTiger Shopper for rate intelligence and projection on market trends, adding value to its overall revenue strategy.

Along with it, this luxury hotel also uses RateTiger Booking Engine & Global Distribution System an overall convenience in online distribution and revenue growth.

The user-friendly interface of the Rate Shopper has proven beneficial for Magna Hotel by increasing efficiency in performance and reducing the time spent on management. The market intelligence reports provided by the RateTiger Shopper also offer insights into their OTA (Online Travel Agency) spread, allowing them to update their rates and inventory in real-time.

This luxury property has been experiencing increased connectivity and direct income facilitated by the Rate Shopper, Booking Engine, and GDS contributing to improved revenue performance and guest satisfaction.

The distribution and revenue management team of the hotel can optimize their revenue strategy and drive direct bookings by effectively managing rates, inventory, and promotions across online distribution channels.

“We have been using Booking Engine, RateTiger Shopper and GDS for the last one year. RateTiger provides up-to-date industry news, forecasting trends and strategy recommendations, fast customer service and keeps us market ready. Pooling inventory to deliver ARI updates, including system repair and update exercises, increases our communication with our other channels.” – Commented Ms. Wanjiku Mungai, Management, Magna Hotel & Suites, Nairobi.

“Team RateTiger provided hands-on assistance and quickly assisted in problem-solving with the RateTiger solutions. The seamless and interactive training about RateTiger solutions helped us to facilitate efficient onboarding.” – Summed up Ms. Mungai.

RateTiger Shopper is a revenue management tool that helps hotels maintain rate integrity and the correct pricing on various channels to optimize their pricing and revenue strategies.

The 4-star luxury Magna Hotel & Suites uses RateTiger Booking Engine to capture direct bookings from their website, reducing the dependency on OTAs and third-party channels. Along with it, it helps them seamlessly manage their room rates across all platforms.

After using RateTiger Shopper and Booking Engine, Magna Hotel & Suites now looks forward to connecting with other member-partners on the GDS network and maximizing on other RateTiger products.

 
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RateTiger by eRevMax Shines at ATM Dubai 2023 – A Glimpse 

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Arabian Travel Market (ATM) is the leading global event for the Middle East’s inbound and outbound travel industry. Attending the ATM is like discovering a new book every time. This year, RateTiger by eRevMax had the opportunity to exhibit at the 30th edition of ATM Dubai held from 1-4 May at the Dubai World Trade Centre. 

This event gave us the right platform to unveil RateTiger’s latest innovation. We were thrilled to see the excitement and interest among the visitors to know more about this innovation. Nothing could have been better than revealing the introduction of yield pricing in our product at ATM Dubai. The zeal among hoteliers kept our booth busy for all 4 days of the event, giving us the opportunity to connect with industry professionals and build new partnerships. 

The 30th edition of the Arabian Travel Market was a resounding success, setting a new record with more than 40,000 attendees, a 29% increase over the previous edition in 2022. This 4-day event welcomed over 2,000 exhibitors and representatives from over 150 nations. The diverse range of exhibitors and participants participating in the event helped RateTiger set a new record too with the number of business professionals we met. ATM Dubai truly encapsulated the global nature of the travel industry. The energy and vibes of travel professionals coming together were unbeatable, reigniting their passion for business and growth. 

ATM Dubai – ‘Working Towards Net Zero’   

This year’s Arabian Travel Market (ATM) Dubai has adopted the theme ‘Working Towards Net Zero’, reflecting the industry’s commitment to sustainability and environmental responsibility. The Second Deputy Ruler of Dubai, Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum officially inaugurated Arabian Travel Market 2023. 

Following this slogan, ATM focused on reducing the event’s environmental impact. They had established 3 pillars to help them achieve net zero by 2040. 

  • Educate 
  • Collaborate 
  • Action 

We proudly say that The Middle East is a key growth market for our business. The event gave us valuable insights into the unique challenges and opportunities facing the region’s hospitality industry. 

RateTiger at ATM Dubai 

RateTiger’s presence at the ATM Dubai was truly remarkable. Numerous visitors stopped by our stand, and the RateTiger team enjoyed networking with clients, partners and hotel owners in person. During this 4-day event, we showcased our product to small and big hotel owners, B2Bs, OTAs and destination management companies. We described to them how RateTiger could optimize revenue management, streamline operations, and improve the guest experience. 

We revealed our most awaited announcement – yield pricing – which will strategically impact a hotel business. This incredible feature allows hotel owners to create a customized pricing strategy tailored to their hotel’s occupancy level and ensures they strike the perfect balance between supply and demand. We were thrilled to see how this feature was readily accepted by the hotel chain owners. They shared their thoughts and expectations from this latest innovation. 

It was a pleasure to receive feedback on how our products: RateTiger Channel Manager, Booking Engine, and Rate Shopper, simplified many hotel problems in the Middle East. We received uncountable positive feedback from many clients, partners, and friends worldwide. It gave us more strength that we are on the right track to providing the ultimate solution on the latest trends and developments in the hospitality industry. 

Our presence at ATM Dubai was an engaging, innovative, and informative experience for industry professionals. We are looking forward to participating in more events in the coming days. With a vibrant atmosphere and exciting interactions with partners and clients, ATM Dubai left a lasting impression on us. 

 
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