Rubicon's MarketVision
® to aid Extended Stay Hotels in monitoring competitive price position.
Rubicon, a leading provider of competitive market intelligence to the travel and hospitality industry, today announced that Extended Stay Hotels has selected Rubicon's MarketVision
Ň Competitive Rate Position to provide up-to-date, detailed rate comparisons for its hotel markets across the United States and Canada.
MarketVision offers a number of unique features enabling Extended Stay Hotels to be more effective and efficient in managing revenue:
- Quickly and easily identifying changes to competitive price position in all markets
- Ad hoc canvassing, when needed, including pricing for multiple lengths of stay
- Tracking competitive rate pace for future arrival dates
- Single user management of multiple hotels with built-in market alerts
"MarketVision will allow our regional revenue managers to more effectively identify and manage revenue opportunities across more than 680 locations through MarketVision's Corporate and Regional Access Portal," said John Kaufman, Executive Vice President of Revenue Management for Extended Stay Hotels.
"This will prove invaluable to the success of our company, enabling our teams to save time, gain insight and stay ahead of market trends. We are particularly pleased with MarketVision's alerting features which automatically flag market exceptions, thereby distilling thousands of daily competitive changes into a handful of the most critical opportunities for our business."
"Rubicon consistently seeks to provide our customers with powerful market intelligence delivered through unique access and reporting methods so they achieve better performance and better results in as short a time as possible," said Steve Swope, President and CEO of Rubicon. "We welcome Extended Stay Hotels as a customer, and are eager to extend our expertise to help them reach their goals."
About Rubicon
Rubicon offers the broadest and deepest collection of market insight in the travel industry today. A leading provider of competitive market intelligence and market analysis to the global travel industry, Rubicon's focus is to integrate competitive market information into the business planning and revenue management practices of its customers, including eight of the top ten global hotel groups and three of the top five global rental car groups. Its flagship product, MarketVision
®, offers a comprehensive family of services including Competitive Rate Position, Competitive Demand Position and Competitive Channel Position.
www.TheRubiconGroup.com About Extended Stay Hotels HVM L.L.C., the operator of Extended Stay Hotels, is headquartered in Spartanburg, S.C. The company operates more than 680 extended stay lodging hotels in the United States and Canada. Its brands include Extended Stay Deluxe
SM Extended Stay America®, Homestead Studio Suites®, StudioPLUS Deluxe Studios® and Crossland Economy Studios®.
Contact:Ann Warren, Schroder Public Relations, 770.328.8384, Ann@schroderpr.com
