EasyRMS Adds Innovative New Module to Industry Leading SaaS Revenue Management Suite
Ez-CONTRACT™ offers hotels almost complete visibility into all their contracted business
London – 21st June, 2011: Easy (Ez) Revenue Management Solutions Ltd (EasyRMS), one of the world's leading providers of Revenue & Yield Management solutions to the hotel industry, announces the release of its newest module, Ez-CONTRACT™, an addition to the highly successful EzRMS™ Internet Product Suite which is currently used by over 700 hotels around the world, ranging from independent, boutique properties to multi-national brands.
Ez-CONTRACT™, the newest module developed by EasyRMS, was designed in order that hotel operators be able to evaluate any kind of contracted business they either had in the past, currently have in the hotel or are looking to take in the future.
"Contracted business is an important part of the business for almost all hotels and has a significant impact on total revenue maximisation," says Stan Van Roij, Managing Director of EasyRMS, "and that is where Ez-CONTRACT™ can play a leading role."
Ez-CONTRACT™ will help hotels evaluate the value of any contract business they have, measuring the total revenue gained versus the revenue displaced from each individual contract. Each contracted business that is evaluated through Ez-CONTRACT™ can be analysed using all of the available analytical criteria and filters available in the EzRMS™ Core Module.
This multi-dimensional graph shows the added value of each contract versus others in terms of additional occupancy & ADR, whilst the size of the square indicates the total volume of each contract.
The web-based Ez-CONTRACT™ can be used to evaluate any contracted business from the past, but will also analyse any future 'to be' contracted business, using the comprehensive forecasting tools within EzRMS™.
This intelligent new solution offers hotel operators a host of benefits, including:
- Analyse and calculate the value of a contract based not just on its production but also on additional occupancy and revenue it has generated – both for past and future usage
- Utilise complete and comprehensive reports that give a detailed overview of the impact of a contract on your business
- See how each of your contracts compares to the other by evaluating Average Rate, Average Spend and Occupancy levels generated with and without contracts, all the way down to Day of Week analysis
- Evaluate traditional contracts for both corporate and leisure accounts as well as promotions, channels & allotments and even rate codes
"We believe," adds Stan, "that Ez-CONTRACT™ offers hotels a truly 360-degree view on their contracted business, which will enable them to make strategic decisions within this segment and help them to maximise total revenues."
About EasyRMS:
Founded in July 1999, EasyRMS is a global leader and provider of ASP/Internet revenue and yield management solutions. EasyRMS is dedicated to the introduction of new generation technology and procedures within the hospitality industry and aims to deliver these services to its clients. Backed by the confidence of many of today's industry leaders, EasyRMS is committed to easing the current burden of strategic decision making and implementation of revenue and yield management techniques and procedures worldwide.
Media Contacts:
Easy (Ez) Revenue Management Solutions
Rachelle Claret
Marketing Department
rclaret@EasyRMS.com
T: +44 (0) 20 7495 0773
www.EasyRMS.com
