Global sales, marketing, and distribution provider Preferred Hotel Group™ has just released their first quarter 2014 revenue results. According to the report the group generated a 19 percent increase in reservations revenue for member hotels compared to last year’s figures. Other key findings of the report show increases in enrollments, spending, and repeat stays via the iPrefer guest loyalty program, and other initiatives. Preferred also added 29 new hotels to their stable of luxury stays worldwide.
Preferred Hotel Group
RateGain, a company whose BrandGain innovation we just covered on Argo News, has just announced Preferred Hotel Group’s adoption of their iRate advanced intelligence tool. RateGain’s cutting edge rate shopping system, combined with the hotel groups iRate program, will afford managers real time advantage across multiple channels.