Extended Stay Hotels signs Rubicon for monitoring competitive price position

Extended Stay Hotels has selected Rubicon's MarketVision Competitive Rate Position to provide up-to-date, detailed rate comparisons for its hotel markets across the United States and Canada.

Published: 04 Jun 2008

Extended Stay Hotels has selected Rubicon's MarketVision Competitive Rate Position to provide up-to-date, detailed rate comparisons for its hotel markets across the United States and Canada.

MarketVision will provide an insight into changes to competitive price position in all markets. Apart from this, it offers:

· 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.

Kaufman referred to 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."

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