News Article | May 17, 2017
SAN FRANCISCO--(BUSINESS WIRE)--Hagens Berman Sobol Shapiro LLP notifies BlackRock ETF investors that on April 27, 2017, the San Francisco Superior Court entered an order in the investor case against BlackRock Inc. (NYSE:BLK), iShares Trust and their affiliates. The case is brought on behalf of investors of BlackRock iShares Exchange Traded Funds (“ETFs”) who used market or stop loss orders and suffered losses when the underlying value of the assets in BlackRock ETFs disengaged from the ETF price during the August 24, 2015 ETF Flash Crash. The Court order finds that plaintiffs have stated a claim pursuant to Section 11 of the 1933 Securities Act for failure to disclose the risks of using market and stop loss orders, and for misleading investors on the tradability and liquidity of BlackRock ETFs. The Court has reserved for future determination whether articles in the press concerning these risks were “clouded” by BlackRock’s actions and statements to the contrary. The Court has scheduled a hearing for June 15, 2017 at 4:00 p.m. to discuss resolution of these and other issues, including whether ETF shares can be traced to any registration statement once traded in the market. Plaintiffs’ counsel is investigating what BlackRock told investors and their advisors concerning the risk of using market or stop-loss orders with ETFs, and what investors and their advisors who used these orders knew or understood about these risks. The potential class includes those who purchased iShares ETFs between June 16, 2013 and August 24, 2015 (the “Class Period”) and sold their iShares ETFs on August 24, 2015 pursuant to a market or stop-loss order, and were damaged thereby. If you are an investor who fits this description, an investment advisor, or other person with knowledge or information concerning these issues, contact Plaintiffs’ counsel at https://www.hbsslaw.com/cases/blackrock-ishares-etf-august-24-2015-flash-crash-litigation or contact Reed Kathrein, who is leading the firm’s effort, by calling 510-725-3000 or emailing by emailing iShares@hbsslaw.com. A copy of the First Amended Complaint can be found here and the order can be found here. The ticker symbols for the ETFs involved include: VIG, SDY, DGRO, HDV, IYY, IFEU, REET, IFGL, IDV, JKD, JKE, JKF, JKG, JKH, JKI, JKJ, JKK, JKL, REM, DSI, KLD, IFNA, FTY, REZ, IYT, ITA, IYM, IAI, IYK, IYC, IYE, IYG, IYF, IYH, IHF, ITB, IYJ, IAK, IHI, IEO, IEZ, IHE, IYR, IAT, IYW, IYZ, IDU, AIA, IJH, ITOT, IUSG, IUSV, EMIF, IEV, IOO, ICLN, RXI, KXI, IXC, IXG, IXJ, EXI, IGF, MXI, IXN, IXP, WOOD, JXI, IWC, IBB, IWB, IWF, IWD, IWM, IWO, IWN, IWV, IWR, IWP, IWS, IWL, IWY, IWX, OEF, IVW, IVE, IJK, IJJ, IJT, IJS, PFF, VTI, VEA, VTV, VIG, VUG, VGK, EFA, SPY, VOO, GLD, AGG, VWO, QQQ, VNQ, VEA, LQD. Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
News Article | March 2, 2017
BERLIN and SHANGHAI, March 2, 2017 /PRNewswire/ --"Building the bridge between East and West", an exclusive ITB China preview event with more than 60 journalists from China and 15 other countries just kicked off today at the Jin Jiang Tower in Shanghai. Three months before the official opening of ITB China, the new marketplace for the Chinese travel industry, experienced industry professionals shared and discussed their point of view and insights on the Chinese travel industry. Among the distinguished speakers were: Dr Martin Buck, Senior VP Travel & Logistics at Messe Berlin said:" We are extremely delighted by the positive feedback on our new show from all over the world. ITB China already is, even before its world premiere, a great success." Three months to go before ITB China opens its doors at the Shanghai World Expo Exhibition and Convention Centre and the area of exhibition space is already completely sold out. From 10 to 12 May 2017 around 600 companies, destinations, organisations and travel service provider will be represented in China's new three-day business to business travel trade show. As ITB China's premiere is getting closer and closer, trade visitors can now start registering for ITB China 2017 online at Trade Visitor Registration in order to meet with exhibitors from all over the world covering leisure, mice and corporate travel. Giving a preview on the global range of exhibitors the list of ITB China 2017 exhibitors is now available online under: Exhibitor Search. Attendees of ITB China 2017 can look forward to an exciting conference programme. The ITB China Conference is the platform where newest trends and innovation of Chinese and the global travel industry are presented. One of the highlights of Mr. Rungang Zhang, Vice-Chairman and Secretary General of CTA- China Tourism Association, China's biggest travel industry association. The impressive keynote line-up on the opening day of the Conference will be furthermore enriched by a keynote held by Mr. Friedrich Joussen, the CEO of TUI Group. An exclusive CEO interview of Ms. Jane Sun, CEO of Ctrip, will be held by the Founder of Phocuswright Inc., Mr. Philip Wolf providing in-depth insights on China's biggest online travel agency. ITB China introduces an exhibition area exlcusively dedicated to online travel and travel technology solutions: The eTravel World China. Globally renowned companies such as Amadeus, Expedia and Booking.com and many more are among the confirmed participants presenting their wide product range to ITB China's attendees. "China is one of the most important markets for Booking.com and we are absolutely delighted to be part of the first ever ITB China. We are looking forward to continuing to build new relationships with accomodation providers and offer value added such as Booking Suite, Travel Agents Tool to help our partners grow at a very competitive marketplace", said Anthony Lu, General Manager Partner Services China from Booking.com. The exhibtion segment is flanked by a dedicated Online Travel and Travel Technology Day (May 11) at ITB China Conference providing attendees with exclusive developments on this area. In addition, companies have the chance to present their newest travel solutions to the audience at destination showcase slots to be held at a separate on-floor presentation area. Europe is ITB China's partner destination and sets the focus on showcasing the variety of the continent's touristic products. A dedicated Europe Pavilion will feature a multitude of national presences paired with strong individual attendances of major European destinations. China Eastern Airlines, being one of China's top three airlines, is ITB China's official partner Airline and will be granting exclusive air fares to ITB China's attendees. The strong partner line-up is rounded up with the Jin Jiang International Hotels, one of the world's biggest hotel chains, being ITB China's official partner hotel will have its brands presented on the ITB China show floor. 600 hosted buyers coming from all over China plus 100 international trade buyers to be present at ITB China 2017 ITB China expects round about 600 hosted buyers. They are coming from all over the country to visit ITB China in Shanghai in May and represent more than 180 different Chinese companies eager to discover the product range of the show's exhibitors. The list of confirmed buyers companies contains some of China's biggest travel industry players, such as Ctrip, Caissa, Utour, Alitrip and many more. In addition, ITB China expects some 100 international trade buyers adding the event's buyers numbers up to around 700. First launched 50 years ago, ITB Berlin is recognised as the most successful trade show for the global travel industry. Some 10,000 exhibitors from more than 180 countries regularly attend this event. Every year in October for the last eight years Messe Berlin has successfully organised ITB Asia in Singapore. Boasting 760 exhibitors from 73 countries, ITB Asia in Singapore has established itself as one of the leading travel trade shows in Asia. As the second show in Asia, ITB China will take place in Shanghai, one of the leading industrial cities in the People's Republic of China, and with a population of around 23 million one of world's largest cities. In contrast to ITB Asia, which reflects tourism in Asia as a whole, ITB China focuses entirely on the Chinese travel market. About ITB China and the ITB China Conference ITB China 2017 will take place from Wednesday to Friday, 10 to 12 May, at the Shanghai World Expo Exhibition and Convention Centre. ITB China is a three-day business to business travel trade fair that focuses exclusively on the Chinese travel industry. The ITB China Conference will take place parallel with the show and is co-organised by the leading conference organiser TravelDaily (www.traveldaily.cn). More details are available at www.itb-china.com Follow us on Wechat (Wechat ID: ITB-CN) Join the ITB China Group on LinkedIn. Become a fan of ITB China on Facebook You can find press releases on the internet in the Press section at www.itb-china.com
News Article | May 9, 2017
SHANGHAI & ORLANDO, Fla.--(BUSINESS WIRE)--Tourico Holidays, the world’s fastest growing wholesale travel brokerage company, today shared data indicating that inbound hotel room bookings to China have increased by 106 percent over the last year. Tourico’s data also shows that the Chinese continue to be among the biggest travelers in the world, as outbound hotel bookings from the market grew by 70 percent year-over-year in the first 17 weeks of 2017. The Republic of Korea (+68% YOY in bookings), the United States (+10% YOY) and the United Kingdom (+40% YOY) continue to be among the strongest source markets to China, while emerging markets such as India (+160% YOY), the UAE (+212% YOY), and Brazil (+90% YOY) are helping diversify the demand. “Regional political turmoil, such as the nuclear crisis in the Korean Peninsula, make the inbound China market more unpredictable this year - as Korea was the number one inbound source country for China last year – but, so far, Chinese travel business remains very strong,” said Hillary Wang, the Regional Director of Product Development in North Asia for Tourico Holidays. “In fact, Tourico is predicting it will double its overall Chinese business in 2017, as both the larger markets and emerging markets continue to demand product in China.” Tourico currently has four local offices in the region, including in Shanghai, Beijing, Shenzhen, and Hong Kong - stationing over 55 employees to locally support Chinese supplier partners and distribution clients. In the past year, the Tourico team in China has worked to add a number of new clients, including Alitrip, Tongcheng International, Mioji Travel, eLong, Tuniu, Mogutrip, Mafengwo, Lushu Technology, CNBooking, and Caissa. “Our local Chinese supplier partners and distribution clients are both experiencing a strong demand in 2017 and we’ve ensured that a dedicated support team is in place to help them push their businesses to the next level,” said Wang. Tourico Holidays will be exhibiting its comprehensive lineup of travel offerings – including hotels, cruises, activities and transfers, car rentals, and vacation homes – at ITB China from May 10 to the 12. To speak with a Tourico Holidays representative at ITB China, please visit Booth 531 located in Hall 2. About Tourico Holidays Tourico Holidays is a leading global travel distribution company that contracts directly with travel providers, such as hotels, flights, cruise lines, attractions, car rentals, vacation homes and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,900 clients in 100 countries using proprietary technology.
News Article | March 13, 2016
Another hands out the keycard to your room, and a third gives you the password to the wifi network. Robots are making an entry into the hospitality industry that has until now always prided itself on delivering a warm and personable touch. At an entrance to Berlin's exhibition hall where thousands of travel industry professionals are gathering for the ITB trade show, humanoid robot ChihiraKanae greets visitors—in English, German, Chinese and Japanese. Dressed in a blue jacket with a neck scarf, ChihiraKanae is on her first visit to Europe where she is seeking potential employment for herself and her kind. Three months ago, her "sister" began working as a meet-and-greeter in a Tokyo shopping centre. Their creator, Toshiba, also foresees a great future ahead for them in tourism. Mario has already found a job—at the Ghent Marriott Hotel in Belgium, where he has welcomed visitors since June. He is also multi-lingual, speaking 19 languages to be precise. On top of that, he helps with serving at hotel buffets, and entertains guests by singing and dancing. Unlike ChihiraKanae, Mario doesn't pretend to look like a human. Standing just 50 centimetres (1.6 foot) tall, Mario is white with red stripes, has speakers for ears and a total of just six fingers. But his employer is pleased with his work. He "puts a smile on everybody's face," said Roger Langhout, director general of the hotel, adding that "it's a good way to get people to remember our hotel". "We are still exploring the possibilities of Mario," he said, even if he acknowledges that humans can never be fully replaced by machines in the hotel business. Oxford University's Carl Benedikt Frey believes however that robots do have a big future in the industry. "In tourism, quite a few jobs remain non-automatable, like concierges or chefs," he said. "But a wide range of jobs are very much sustainable to automation," he added, suggesting that robots could work as waiters, dishwashers, tour guides or even chauffeurs. What is key is that they should do tasks that require only basic communication, he said. In fact, a survey of 6,000 travellers by US online bookings company Travelzoo found that two in three people are comfortable with seeing robots in the tourism industry. The Chinese are among the most enthusiastic, while the French and Germans are more reticent. Taleb Rifai, secretary general of the World Tourism Organization, said the industry should broaden its usage of technology and robots. "I would not put any limit on the use of technology or innovation in any hotel or tourism facility," he said. "As a matter of fact, we are way behind as a sector in the implementation of technology and the use of it. We were able to send a man to the moon long before we thought about adding wheels on a suitcase." If robots are still a nascent discovery in the industry, virtual reality (VR) has charmed operators. German high-tech association Bitkom said virtual reality is the technology that "perhaps has the greatest potential" in the travel industry. At several stands at the ITB fair, which runs until Sunday, guests could put on virtual reality glasses and escape the gloomy Berlin winter. In one case, you could lounge on a tropical terrace and watch elephants lumbering against the backdrop of the setting sun, while a waiter delivers a colourful cocktail. The hotel chain Cinnamon, which is active in the Maldives and Sri Lanka, is using the "new marketing tool" to allow potential visitors to get "closer to the product you see," said marketing director Dileep Mudadeniya. At the stand for southern Germany's Bavaria region, young women dressed in the traditional dirndl dress are also trying to tempt visitors to put on the glasses for a glimpse of its green meadows and snow-capped mountains. British tour operator Thomas Cook has been a pioneer in giving its clients a VR preview of adventure—a tour by helicopter above Manhattan. Professor Armin Brysch, from Kempten's Applied Sciences University in southern Germany, believes that VR is here to stay in the industry as it provides a "new quality of experience" that could entice people to book holidays in destinations that they may not have considered. But would people just opt to see the world from their armchairs? "To think that virtual reality could be used so that you stay at home and travel the world, it is not going to happen—I hope," he said. Explore further: Robots do check-in and check-out at cost-cutting Japan hotel
News Article | October 31, 2016
« MSU-led regional team awarded $6M NSF grant to research biofuel, carbon capture technologies | Main | Flint MTA testing Proterra hydrogen fuel cell bus prototype for one year » A new white paper published by the International Council on Clean Transportation (ICCT), in collaboration with Eaton, Ricardo, JCI, BorgWarner, Honeywell, and the ITB Group, analyzes current turbocharged, downsized gasoline engine technology developments and trends. The assessment, which relies on data from publicly available sources and data and information from the participating automotive suppliers, provides an update to the technology assessments performed by US Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) to inform the 2017–2025 fuel economy and GHG rule. The technology assessments conducted by the Environmental Protection Agency and the National Highway Traffic Safety Administration to inform the 2017–2025 passenger vehicle fuel economy and greenhouse gas emissions regulations were conducted five years ago. Since then, innovations in vehicle technologies have come rapidly, enabled by computer-aided design tools and electronic engine controls. Broadly, the detailed analysis of different technologies found that costs are lower and benefits higher than originally determined by the two agencies. Some of the findings and observations of the study include: There is no need for a 2-stage turbo with e-boost; i.e., the cost of the 2-stage turbo can be subtracted when adding e-boost. The Miller cycle is extremely cost effective, providing a 4-7% reduction in fuel consumption at virtually zero cost once enabling technologies (2-stage turbo or e-boost) have been implemented in the powertrain. Miller cycle efficiency increase does not include the potential use of highly-efficient diesel VGTs or improvements in turbocharger design, such as axial flow turbines. Despite the Miller cycle being unforeseen in the rulemaking, it is already in production by at least two manufacturers, and is proliferating rapidly. The reporte suggests that the Miller cycle will likely be on nearly all turbocharged engines by 2025. 48V hybrids are significantly cheaper than the 110V BAS system assessed by the agencies in the rule. Variable compression ratio, another major development, will be in production by 2018. The costs of e-boost are higher than Miller cycle, but there are excellent synergies between e-boost and both Miller cycle and 48V hybrid systems. Overall, e-boost + 48V hybrid systems are expected to provide more than half of the benefits of a full hybrid system at less than half the cost, or a cost of $800–$1,400. They would also enable Miller cycle at no additional cost, resulting in roughly 20-25% reduction in fuel consumption at less than $1,400 compared to the agencies’ turbocharger estimates in the rulemaking, or roughly $35-$70 per percent fuel consumption reduction. The paper is the third in a series that the ICCT, in collaboration with automotive suppliers, is undertaking to profile and evaluate technological developments in engines, transmissions, vehicle body design and lightweighting, and other measures, with additional focus on costs, benefits and market penetration as well as consumer acceptance issues.
News Article | March 10, 2016
BERLIN (Reuters) - Chihira Kanae is greeting visitors to the world's biggest travel fair in Berlin this week, answering questions and guiding people in the right direction. But one passer by's attempt to ask her out for dinner is met with silence. That's because Chihira Kanae, despite her lifelike features and long brown hair, is a robot, the third version of a robot in human form developed by Toshiba and can only answer pre-programmed questions. She was joined at the ITB fair on Thursday by another robot host Mario, a small red and white robot made by French Aldebaran Robotics, showing how they might be put to use in the travel industry, such as checking in hotel guests. "The point is to make people smile and give them a unique experience. It's not to take the place of employees," Fabrice Goffin, co-founder of QBMT whose software powers Mario, told Reuters at the fair. The Marriott hotel in Ghent has been trialling Mario, using him to hand out room keys, high-five guests and liven up meetings held in the hotel by reading out presentations. Marriott was keen to stress that Mario will not replace any human staff. "For now it's a great add-on service," Roger Langhout, general manager of the Marriot in Ghent, said. Airline KLM is also testing a guide robot, Spencer, to help passengers navigate their way through Amsterdam's Schiphol airport, one of Europe's largest hubs. A survey of travelers across Britain, France, Spain, Germany, Canada, Brazil, Japan, the U.S. and China, done by online travel and entertainment deals site Travelzoo showed that 80 percent of consumers expected robots to play a big part in their lives before 2020. However, the survey also showed people still wanted the human touch when on holiday and in certain countries, such as Germany and France, consumers were more skeptical. "Consumers still want humans in the picture, as otherwise there is a genuine fear that cultural nuances, humor and irony will be missed and the holiday experience could become too impersonal," Richard Singer, Travelzoo's European president, said. Best Western CEO David Kong said robots were an interesting area but the technology had to be more useful, such as for cleaning rooms. "If it's just a cutting-edge cool idea, maybe it won't survive."
News Article | October 28, 2016
SnapShot Analytics, a new, essential tool for any hotel management team, will be presented to the public at ITB Berlin, the global travel industry's leading trade show.
News Article | February 18, 2017
Independent Swiss hospitality expert, Dr. Daniel G. Fuchs, is pleased to announce, that he will represent Koh Samui's Beach Republic at ITB Berlin
News Article | February 28, 2017
Industry veterans introduce disruptive solutions to solve broken system of room assignments and distribution complexities at the World's Leading Travel Trade Show® SANTA CRUZ, CA--(Marketwired - February 28, 2017) - Attendees at this year's ITB Berlin will be introduced to the latest cutting-edge innovations from hospitalityPulse™, a leading provider of next-generation technology solutions for the hotel industry. hospitalityPulse will be showcasing a range of products that decrease operational costs, increase guest satisfaction and help hoteliers drive incremental revenues including roomPulse™, PulseLink™, PulseQueue™, PulseMobile™ and FIRE™. The event, which takes place from March 8th to 12th, is recognized as the global travel industry's leading trade show and convention attracting over 10,000 companies from 187 countries and 180,000 visitors. "ITB provides us with an excellent opportunity to share the exciting things we're developing in the hotel technology space," said Pierre Boettner, CEO of hospitalityPulse. "We are setting out to solve two of the most significant problems in the lodging industry; room assignment on-property and the inherent deficiencies related to the distribution of rooms and what guests receive upon arrival at the hotel. We are thrilled to launch FIRE and look forward to introducing all of our game-changing solutions to the global travel community." hospitalityPulse is a visionary company founded in 2013 by hospitality industry veterans and technologists with a passion for fixing the costly and troublesome issues plaguing hotels and their guests. Their flagship solution, roomPulse, is a revolutionary cloud solution engineered to ensure hoteliers assign rooms based on reservation requirements and room availabilities, resulting in more optimal upgrades being granted to the right guests. The highlight of the show will be the unveiling of the company's latest innovation FIRE (Feature Inventory Response Engine). Developed to combat distribution issues, FIRE uses predictive future room assignments to ensure what guests are offered to book online, also is what they can expect to receive when they arrive at the hotel. Communication with the property based system using roomPulse enables the booking path to be highly personalized to each guest, allowing them to select the relevant room type, room attributes and features they want, providing competitive differentiation from other hotel booking experiences currently dominating the market. ITB attendees and media are invited to come by Hall 8.1 booth 124a to meet with the hospitalityPulse team and view live demos of the innovative platform. hospitalityPulse was designed by hotel technology and operations veterans tackling one of the most difficult problems hotels are facing: room assignment and its direct effect on guest satisfaction. Our patent-pending optimization algorithms, combined with an intuitive user interface enable hoteliers to assign the optimal room for every guest, every time, with consistent efficiency. Using the multi-dimensional FIRE engine, hoteliers can rely on providing the booker with the trueAvailability™ of room and feature combinations on the dates selected. roomPulse dynamically optimizes each room assignment in real time, all the time. Visit us at www.hospitalitypulse.com.
News Article | February 25, 2017
Receive press releases from eRevMax Inc.: By Email Berlin, Germany, February 25, 2017 --( “Thanks to eRevMax we managed to find a solid partner in HotelREZ, which suits all our GDS distribution needs and then some. The seamless integration of the two systems and the excellent support offered by both eRevMax and HotelREZ allows me to focus on revenue management and our day to day business,” said Mihai Cucu, Revenue & Operations Manager, Hotel Otto, Germany. Hotel Otto has been using RateTiger Channel Manager to make real-time rate and availability updates across all its online sales channels. eRevMax’s XML interface made it possible for the hotel to connect to HotelREZ smoothly for its GDS distribution needs. “Our partnership with eRevMax has allowed Hotel Otto to smoothly connect to HotelREZ’s own HO chain code on the GDS, giving them access to hundreds of new preferred consortia and TMC partnerships worldwide. The seamless integration and certified connectivity between our two systems minimizes disruption during the switch over process and ensures mutual hotel customers are able to distribute real-time rates and inventory to a range of new booker markets on the GDS,” said Catt McLeod, Director of Strategic Partnerships, HotelREZ® Ltd. eRevMax has continuously invested in building a robust infrastructure to provide hoteliers with uninterrupted service offering 2-way XML connectivity with over 300 online channels and partners. The company’s product offering – RateTiger, RTConnect and LIVE OS, assists hotels in their online distribution needs for driving better results. eRevMax will be showcasing its innovative solutions at ITB Berlin - Hall 8.1, Stand 132 from 8 – 11 March 2017. About eRevMax: eRevMax is a travel technology company that assists hotels to maximise online revenue opportunities through real-time distribution, market intelligence and connectivity solutions. The company provides specifically tailored solutions within its core product brands – RateTiger, RTConnect and LIVE OS. RateTiger product suite offers the industry’s leading ChannelManager for online distribution, Shopper for rate benchmarking. RTConnect provides seamless 2-way XML integration of channel management functionality with the hotel’s central systems. LIVE OS offers hotels a single sign-on platform to access multiple applications, while offering technology partners a chance to get in front of hotels allowing greater distribution of promotional opportunities. eRevMax is working closely with over 300 certified channel and technology partners helping over 9000 hotels worldwide to increase revenue opportunities and streamline business processes. Berlin, Germany, February 25, 2017 --( PR.com )-- eRevMax continues to lead as a hotel connectivity expert by facilitating meaningful integration between its hotel clients and demand partners. The company recently provided a seamless solution to its long term client Hotel Otto Berlin by connecting them to HotelREZ Hotels & Resorts for GDS distribution.“Thanks to eRevMax we managed to find a solid partner in HotelREZ, which suits all our GDS distribution needs and then some. The seamless integration of the two systems and the excellent support offered by both eRevMax and HotelREZ allows me to focus on revenue management and our day to day business,” said Mihai Cucu, Revenue & Operations Manager, Hotel Otto, Germany.Hotel Otto has been using RateTiger Channel Manager to make real-time rate and availability updates across all its online sales channels. eRevMax’s XML interface made it possible for the hotel to connect to HotelREZ smoothly for its GDS distribution needs.“Our partnership with eRevMax has allowed Hotel Otto to smoothly connect to HotelREZ’s own HO chain code on the GDS, giving them access to hundreds of new preferred consortia and TMC partnerships worldwide. The seamless integration and certified connectivity between our two systems minimizes disruption during the switch over process and ensures mutual hotel customers are able to distribute real-time rates and inventory to a range of new booker markets on the GDS,” said Catt McLeod, Director of Strategic Partnerships, HotelREZ® Ltd.eRevMax has continuously invested in building a robust infrastructure to provide hoteliers with uninterrupted service offering 2-way XML connectivity with over 300 online channels and partners. The company’s product offering – RateTiger, RTConnect and LIVE OS, assists hotels in their online distribution needs for driving better results.eRevMax will be showcasing its innovative solutions at ITB Berlin - Hall 8.1, Stand 132 from 8 – 11 March 2017.About eRevMax: eRevMax is a travel technology company that assists hotels to maximise online revenue opportunities through real-time distribution, market intelligence and connectivity solutions. The company provides specifically tailored solutions within its core product brands – RateTiger, RTConnect and LIVE OS.RateTiger product suite offers the industry’s leading ChannelManager for online distribution, Shopper for rate benchmarking. RTConnect provides seamless 2-way XML integration of channel management functionality with the hotel’s central systems. LIVE OS offers hotels a single sign-on platform to access multiple applications, while offering technology partners a chance to get in front of hotels allowing greater distribution of promotional opportunities.eRevMax is working closely with over 300 certified channel and technology partners helping over 9000 hotels worldwide to increase revenue opportunities and streamline business processes. Click here to view the list of recent Press Releases from eRevMax Inc.