TravelClick acquires EZYield
TravelClick has acquired EZYield – a provider of distribution management solutions for hotels.
EZYield’s integrated solutions suite allows hotels to send and update availability, rates and inventory on more than 650 travel websites via a simple online portal, as well as electronically receive reservations directly into hotels’ data management systems. EZYield’s products will continue to be offered as standalone solutions. Over time, the products will also be integrated into TravelClick’s iHotelier central reservation systems – as well as other property management systems and central reservations systems (CRM) – so hotels can manage rates, inventory and reservations simply and simultaneously across all their distribution channels.
“Third party distributors, such as online travel agencies, are a critical source of revenue for hotels, and TravelClick is committed to bringing its customers the best global channel management solution to maximize revenue through these channels,” said Larry Kutscher, chief executive officer of TravelClick. “EZYield is the clear leader in this space due to its best-in-breed platform and technology, the large number of distribution channels it serves and its outstanding team. Together, our combined company will provide hotels with the unparalleled opportunity to manage rates and inventory across all channels through a single platform.”
James Filsinger, former chief executive officer of EZYield, will lead TravelClick’s combined channel management business and report to Jonathan Cherins, executive vice president and general manager of reservations solutions.
AccomNews is not affiliated with any government agency, body or political party. We are an independently owned, family-operated magazine.
