Oakwood Managed Properties’ portfolio includes 28 properties offering short-term and long-term accommodation for both long-term and short-term leisure and business visitors.
Using RateTiger, the company will be able to maximise its revenue opportunity and reduce its distribution costs by efficiently broadening its distribution reach.
eRevMax vice president sales John Seaton said that the platform will help Oakwood exploit the booming serviced apartment market.
“The Serviced Apartment sector in the region is growing at a tremendous rate of 34% per year. RateTiger will help Oakwood Managed Properties to expand online penetration and maximize revenue by reaching out to new markets,” Mr Seaton said.
“They can centrally manage rates and availability in real-time across a variety of channels, as well as monitor channel performances to optimize online sales from a single interface. Our Channel Manager helps properties to improve online revenue potential by distributing availability across all relevant sales channels through pooled inventory.”