Ray Cohen, president and co-CEO of TravelCLICK, announced today that Interstate Hotels & Resorts has endorsed TravelCLICK's RateVIEW report to its 300 managed properties in the U.S., Canada, Portugal and Russia. Interstate Hotels & Resorts is the nation's largest independent hotel management company.

RateVIEW is the preferred reporting service by hoteliers who use up-to-the-minute, rather than cached, rate information for their revenue management and pricing decisions. RateVIEW enables the best possible revenue management decisions and keeps hotels up to date on property and competitive activity.

It is the only report that allows hotels to separately identify retail from merchant (wholesale) rates on various travel Web sites. The report is accessible on-demand through TravelCLICK's client extranet, the Electronic Marketing Centre (EMC), a secure, personalized, password-protected site.

"RateVIEW offers hotels real-time information that is always just minutes old," said Richard W. Gray, chairman and co-CEO of TravelCLICK. "This capability is fundamental to maximizing net revenue from both the Internet and the GDS electronic channels in today's competitive marketplace. We are pleased that an independent hotel management company with the
accomplishments of Interstate has adopted RateVIEW as part of its key revenue management strategy."

"To achieve top performance and brand consistency, our hotels need real-time information. RateVIEW is superior in its accuracy, timeliness and presentation of data. It was a natural decision for all of our properties to adopt the report," said Pam Streeter, vice president of electronic distribution/marketing, Interstate Hotels & Resorts.

This year, RateVIEW will be upgraded to include scheduled reporting, along with a feature that allows users to identify "fences" associated with the rate (i.e., advance purchase restrictions, cancellation/change penalties,
pre-payment).