Press release from Business Wire India
Source: RezNext
Monday, July 15, 2013 10:10 AM IST (04:40 AM GMT)
Editors: General: Arts & culture, Consumer interest, Entertainment, Food & drink, Lifestyle, People, Travel & tourism; Business: Advertising, PR & marketing, Business services, Hospitality, Information technology, Major diversified industrial groups, Media & entertainment, Telecommunications, Travel & tourism; Technology
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RezNext Partners with Yatra and Travelguru to Offer their Customers Real-Time Instantaneous Hotel Room Booking Facilities

Bangalore, Karnataka, India, Monday, July 15, 2013 — (Business Wire India) — RezNext, the Real-Time, Direct Connect and Online distribution solution for hotel rooms, partners with one of India’s leading online travel agents (OTAs), Yatra.com and Travelguru.com, who are also the largest sellers of domestic hotels in India. The partnership offers Yatra.com and Travelguru.com customers, access to real-time information on hotel room availability, ability to book and instantaneous confirmation of their bookings directly from the hotels ERP Software.

Yatra.com and Travelguru.com are the first OTAs to adopt RezNext technology that provides seamless two-way connectivity to a hotel’s Property Management System and showcase real-time hotel inventory. What makes this different is that the entire process – display of hotel rooms, booking and confirmation, is fully automated and requires no manual intervention.

The back-end technology by RezNext has been intelligently engineered to display various types of rooms, price per room offered by the hotel based on real-time yield management techniques and more. With this real-time connectivity, Yatra.com and Travelguru.com will be able to provide accurate information to their customers, and when a booking is made, the customer will receive instantaneous confirmation directly from the hotel.

Commenting on the partnership, Mr Suresh John, Member of Board, RezNext, stated “We are thrilled to be partnering with Yatra.com and Travelguru.com, and want to congratulate them on their forward thinking towards next generation technology adaption. This partnership has enabled Yatra.com and Travelguru to fully automate the hotel room booking process by making their offering more efficient, real-time and more relevant to their customers”.

Yatra CEO and co-founder, Mr Dhruv Shringi, said “Our partnership with RezNext is another visionary step towards providing our millions of customers with a seamless, real-time, instant online hotel booking experience. I am confident this will significantly strengthen the Yatra and Travelguru brands, and further improve our leadership position in the online hotels booking space.”

Yatra.com and Travelguru.com are one of India’s leading online travel companies and the largest seller of domestic hotels in India. Their portals display 10000+ hotels from across India, and over 200,000 hotels from international markets. They also offer a comprehensive solution set of travel products, manned by a round-the-clock customer support.

RezNext is a fully owned subsidiary of IDS NEXT, and will ensure the parent company’s 3200+ customers are featured on both Yatra and Travelguru portals. This is a win-win partnership for RezNext, Yatra and Travelguru, as the OTA’s will now be empowered to increase transactions on their portal, while hotels use the RezNext dashboard to increase their online visibility and increase room occupancy.

About RezNext

RezNext is a real time B2B distribution company that bridges the gap between a hotel’s reservation system and online booking channels. An initiative of IDS NEXT, RezNext leverage their 3000 customers, presence in 40 countries, 25 years of hospitality technology expertise, and state-of-the-art technology. RezNext’s solutions have been carefully crafted to offer hotel’s a comprehensive solution set to dynamically distribute rooms, enhance online visibility, optimize use of manpower and grow revenue.

RezNext’s portfolio of offerings include Rate & Channel Manager, Revenue Management, Online Reputation Management, Website Designing and Web Booking Engine, Mobile solutions, Central Reservation System, Business Intelligence, Property Management System (PMS) two-way connect, GDS and OTA Interface and Loyalty & Feedback Management. Our growing range of solutions can be access by hospitality properties across market segment and size, such as independent hotels, chain hotels, business hotels, resorts, clubs, service and limited service apartments, spas, restaurants and others.

For further information please visit http://reznext.com/

About Yatra

Yatra.com is India’s leading online travel company that provides information, pricing, availability, and booking facility for domestic and international air travel, railway reservation, hotel bookings, holiday packages and offers a host of travel services designed to make business and leisure travel easier.

Launched in August 2006, Yatra.com is today ranked as the leading provider of consumer-direct travel services in India and has emerged as the most trusted travel brand in India. It is a one-stop-shop for all travel-related services and is backed by well-known and reputed investors: Valiant Capital Management, Promod Haque’s Silicon Valley-based Norwest Venture Partners (NVP), Reliance Anil Dhirubhai Ambani Group’s Reliance Capital, Raghav Bahl-promoted Network 18 and Intel Capital, the strategic investment arm of Intel.

For further information please visit http://www.yatra.com/

CONTACT DETAILS
Lillian D’Costa, Manager, Marketing, easy@idsfortune.com

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