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iRates Revolution in automated hotel revenue management


iRates Gives Limited Service Hotels the Ability to Quote the most Optimal Group Prices Automatically September 2nd, 2014

In its latest release, iRates introduced the new group management module that provides limited service hotels with an advanced tool for managing their group reservations and quoting the most optimal pricing, using displacement analysis calculations.

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New hourly update feature for iRates users! June 25th, 2014

iRates announces demand based updates to its revolutionary Revenue Management Software. The first three iRates customers started using the iRates hourly pricing update option in their daily Revenue Management practices.

"Amazon is doing pricing hourly now – why shouldn't hotels have the same tool for revenue optimization?" – explained Vadim Asadov, CEO of iRates LLC – "Don't forget – iRates is a fully automated Revenue Management system so the hourly pricing update does not mean that you need to spend more time managing your rates – iRates will do everything on your behalf requiring attention from the hotelier only when exceptional circumstances exist in the market.".

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The iRates story - article in Analytics magazine November 8th, 2013

It all starts with a Russian scientist and entrepreneur named Vadim Asadov, the president of NeurOK, a mathematics and software development group based in Atlanta and primarily staffed by Russians. At a beach volleyball game in San Diego, he meets Ira Vouk, also Russian, who happens to be an award-winning hotel Revenue Manager.

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iRates is introducing new pricing model for middle-tier hotels September 23rd, 2013

i-Rates, a new-generation Hotel Revenue Management System, has unveiled a new option for smaller to mid sized hotels for software that allows the hotel to use the program's algorithm to maximize the final yield when taking into account all revenue-generating factors.

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Congratulations! May 3rd, 2013

It was just announced that our VP of Business Development Ira Vouk has been selected as a finalist for this year's HSMAI Revenue Manager of the Year Award! Congratulations! Thank you HSMAI for the high evaluation and appreciation of Ira's contribution to the field of Revenue Management.

Visit the HSMAI organization website.

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Our family is growing April 4th, 2013

We’re growing and expanding! Please welcome our new Vice President of Sales David Callander and Director of Sales Francesca Pardo. David and Francesca recently joined our family and the ranks of those who love their job!

David Callander has over 25 years experience innovating, evangelizing, and executing positive change. He brings his passion for growth and evolution to everything he does. David's passion for AMAZ!NG new things brought him to i-Rates.

Being able to blend epic human experience with technology, David is very active in the travel technology space. On behalf of JiWire, and Ascension Software he has pioneered cloud-based guest service portals that incorporate transaction services, affiliate marketing, and advertising solutions that improve guest experience and increase revenue. While working for LodgeNet Interactive Corporation, David co-created the business models and application of Wi-Fi for guests at global hotel organizations like Hilton, Marriott, Sheraton and well known independents including the Hotel Del Coronado. By bundling LodgeNet’s Interactive television and premium cable programming solutions, David created WOW in the market while increasing overall revenue and reducing costs.

”When i-Rates showed me the revolutionary approach they have to maximizing RevPAR, I knew I had to be a part of the team. In today’s world, people must use technology to serve them. With so many variables constantly changing demand and therefore price, advanced mathematics are required to maximize ROI and provide guests with the value they expect. Now mid tier hotels can use tools traditionally only available to larger or gaming properties to efficiently manage their rates.”

Francesca Pardo comes from a family of hospitality professionals where she has personally worked in the hotel industry for the past 14 years. The last 8 of those years were dedicated to managing the San Diego and Central California markets for Orbitz Worldwide Distribution. Prior to Orbitz she worked at a few different San Diego properties where she started as an Executive Assistant, moved to sales, and ended out as a Revenue Manger. Francesca is versed in many aspects of the hospitality industry and its technology, is a Certified Revenue Manager, and serves on the Board of the San Diego HSMAI chapter.

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Article in Kommersant April 3rd, 2013

For our Russian-speaking friends: an article about i-Rates in "Kommersant"

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i-Rates is going to the AAHOA Annual Conference - Mar 26-29, 2013 March 25th, 2013

iRates will be attending the Asian American Hotel Owners Association Annual Convention and Tradeshow in Houston - Mar 26-29, 2013. Please stop by our booth #303 if you're planning to attend!

Event details can be found here: AAHOA Annual Conference Page

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Great news for Apple lovers! November 7th, 2012

Mac version of the i-Rates program has been launched and is now available for current i-Rates customers.

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i-Rates is going to the IHMRS - Nov 10-13, 2012 October 23rd, 2012

i-Rates will be presenting its awesome product at the International Hotel, Motel and Restaurant show in New York on Nov 10-13. Please stop by our booth #3051 if you're planning to attend!

Event details can be found here: IHRMS HOME PAGE

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For our Russian-speaking friends: article about i-Rates published on a Russian business website October 15th, 2012

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i-Rates wins the competition! September 25th, 2012

Leaving Las Vegas with the ‘Innovation’ crown

Sep 25, 2012

A company which has wrapped rocket science up in a calculator interface won the day at this year’s EyeforTravel Travel Distribution Summit in North America. Pamela Whitby catches up i-Rates after the event to hear its next steps.

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We won! September 20th, 2012

i-Rates was selected as the most innovative company in the travel industry at the EyeforTravel TDS North America in Las Vegas on Sep 13! Click here to see photo

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i-Rates goes to Russia! September 11th, 2012

i-Rates LLC. has started tapping into the Russian hospitality market.
Official distributor for the i-Rates software in the Russian region is Neurok Techsoft, LLC based in Moscow.

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Presenting at the EyeforTravel summit, September 13-14 July 25th, 2012

iRates has been selected as one of the most innovative startups in Hospitaliy and will be presenting at the EyeforTravel Distribution Summit NA this fall!

More details here

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New Interface June 28th, 2012

The new interface from i-Rates is out! Please check our facebook page for more info.

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i-Rates is attending HSMAI conference May 25th, 2012

i-Rates will be presenting its awesome product at the HSMAI Revenue Optimization Conference in Baltimore on June 25. Please stop by our booth if you're planning to attend! Event details can be found here: HSMAI ROC

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News from i-Rates team! May 22nd, 2012

Our Revenue Management consultant and VP of Business Development Ira Vouk has been nominated for HSMAI's Revenue Management Professional of the Year award program!
This award, co-presented by HSMAI and Rainmaker, recognizes and promotes excellence in the field of revenue management in the hospitality industry. Nominations for the award come from HSMAI chapters and industry members at large, and its nominees represent the very best in the field!

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i-Rates videos are now available! May 16th, 2012

We're happy to announce that our introductory videos are out.

Please visit our Video Tour page.


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