The Venetian Resort-Hotel-Casino is selecting AnyRate Software to provide competitive rate intelligence data and reporting to support the hotel’s complex revenue management processes and strategy. The long-term agreement will allow AnyRate’s leading-edge competitive rate shopping tools to become an immediate component of The Venetian’s revenue management and pricing approach for 2006.
John Romeo, President & CEO of AnyRate Software, stated that “we are excited and extremely proud to be the chosen competitive intelligence provider for a prestigious property such as The Venetian.” Romeo further commented that “the selection of AnyRate by The Venetian validates AnyRate’s position as the vendor with the ability to provide the most flexible and customizable rate shopping program in the hospitality industry today.” AnyRate was able to provide a solution tailored to meet The Venetian’s unique requirements for pricing intelligence to support the sophisticated revenue management process utilized by the premier resort on the Las Vegas strip.
AnyRate offers a variety of competitive rate shopping reports and tools, via both regularly scheduled reports as well as the Flash real-time rate search tool. AnyRate Flash is a true real-time search tool that conducts rate searches upon customer request, ensuring the freshest, most up-to-date rate intelligence possible. This capability prevents the issue of stale data that can be experienced when some rate shopping vendors utilize “cached” or previously archived data in their “on-demand” report tools.