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FOR IMMEDIATE RELEASE:
Sept. 24, 2002
DIMENSION DEVELOPMENT CHOOSES TREND FX, STATABILITY
FOR AUTOMATED REVENUE MANAGEMENT: AFFORDABLE
"RATEAGENT"
NOW IN 26 OF THE HOTEL MANAGEMENT COMPANY'S PROPERTIES
RateAgent helps Dimension automatically evaluate competitors prices, enhancing the company's own revenue management strategy in each local market.
"RateAgent is a great product at a fair price," says Dimension Development Vice President of Sales Ralph Thiergart, "What's more, Trend FX's expertise and reputation for outstanding customer service will help us take advantage of all this sophisticated revenue management tool can do to improve our performance."
"Dimension Development is a highly regarded management company, "says Trend FX President and Co-Founder John Romeo. "We are pleased to partner with them."
"By using RateAgent and our other tools, small and mid-sized hotel companies - for the first time - can use many of the sophisticated techniques that, historically, have been available only to very large hotel companies with budgets to match," Romeo adds.
RateAgent gathers rate information from multiple sources, including competitor hotel brand web sites, global distribution system (GDS) and non-GDS travel web sites. It even integrates the local manual process of calling for rates. By analyzing the data, each hotel team can then better adjust rates to capture the most revenue, while still reaching occupancy goals.
Other RateAgent features include: · Flexibility regarding where, when and types of rate searched, such as length of stay, corporate rates and more · Consolidated executive, regional and hotel level reports
Clients access the solution in "real time" through a secure Internet connection. Reports are accessed through the web and by email.
Dimension Development is a growth-oriented, hospitality management company based in Natchitoches, La. Since its formation in 1988, the company has successfully developed, acquired and managed full-service, all-suite and select services hotels. Dimension's current management portfolio includes Holiday Inn, Homewood Suites by Hilton, Hampton Inn and Marriott's Residence Inn, Courtyard and Fairfield hotel brands.
Trend FX is the first revenue management solutions company created by experts in hotel operations. The company offers small and mid-sized lodging and call center companies affordable - and powerful - new ways to boost sales and performance through easy-to-use, web-based solutions. The company recently announced its alliance partnership with Statability.
About Trend FX
Trend FX's product line includes RateAgent,
Revenue Management Information System and Call Center Performance System,
as well as consulting services. The company has offices in Wichita, Kan.,
and Memphis, Tenn. For more information about Trend FX, call (866) 487-3633,
e-mail Info@trendfx.net, or visit
the company's website at www.trendfx.net.
About Statability
Statability's customized web-based reporting packages enable all levels
of management to quickly and easily tap into their company's business
results, allowing for more informed decisions to improve operations. The
company has offices in Atlanta, Minneapolis and Sydney, Australia. For
more information about Statability, call (952) 322-5865, e-mail Info@Statability.com,
or visit the company's website at www.statability.com.
Carolyn Russell, 316-932-9000, trendfx@crussellandco.com
C. Russell & Company Public Relations