Gimmonix Unlocks a New Way for OTAs and Hotel Room Suppliers to Increase Revenue: Reservation.Works
Adding to its portfolio, the rapidly growing technology company Gimmonix is hitting the travel tech market today with true innovation. Introducing Reservation.Works: a self-operating, sold-out curing, revenue increasing tool for OTAs and hotel room suppliers.
LONDON, July 3, 2018 /PRNewswire-PRWeb/ -- Adding to its portfolio, the rapidly growing technology company Gimmonix is hitting the travel tech market today with true innovation. Introducing Reservation.Works: a self-operating, sold-out curing, revenue increasing tool for OTAs and hotel room suppliers.
"Our goal is to propel OTAs and hotel room suppliers into a new reality. The Reservation.Works API runs automatically, after the point of sale, to locate and book cheaper buy rates and reroute sold-outs to alternative suppliers," states Gimmonix CEO Andrew Spektor. The AI powered solution optimizes profit margins on hotel room rates and recovers sold-outs, drastically boosting conversion rates and client retention while significantly increasing revenue.
The high speed process runs imperceptibly in the background, processing over 80,000 room rates per second. It utilizes 8 years of collected data to achieve excellent accuracy. To promote transparency, the solution includes data and BI reporting to provide customers with access to essential data and to support their business decisions.
With no initial investment required and based on a revenue sharing model, Reservation.Works' ROI is remarkable; the customer starts earning additional profits right away. Highly accessible, all booking platforms and supplier integrations are supported with a quick and easy onboarding process. Reservation.Works, available now!
SOURCE Gimmonix
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