G6 Hospitality Selects Above Property for Revenue Optimization
Inline Revenue Management Transforms Status Quo
Jun 02, 2015, 09:30 ET
NAPLES, Fla. and DALLAS, June 2, 2015 /PRNewswire/ -- Above Property® announces that G6 Hospitality LLC, has selected their cloud based revenue optimization services suite for Motel 6 and Studio 6 properties.
Above Property's Inline Revenue Management™ module optimizes every transaction in real-time based on a customized algorithm design for G6 Hospitality. This approach differs radically from current revenue management solutions that typically make only a limited number of pricing recommendations in a 24 hour period.
"With the ability to optimize every transaction in real-time based on changing market conditions, participating Motel 6 and Studio 6 properties will now have the opportunity to ensure additional revenue opportunities in a given day are not missed," said Lance Miceli, EVP, Chief Marketing Officer, G6 Hospitality.
Jeff Winslow, EVP, Chief Information Officer, G6 Hospitality added, "We evaluated multiple vendors for this project. Above Property's innovative rules-based platform coupled with their deep industry experience and knowledge of our existing systems made our selection simple. This inline technology will provide significant value to our Motel 6 and Studio 6 properties."
Inline Revenue Management is a module within Above Property's Travel Solution that includes the world's first Distributed Reservation System™ (DRS™). This innovative approach to reservation systems technology provides the scale and speed to optimize every transaction in real-time based on a set of proprietary algorithms.
Aaron Shepherd, CEO and Founder of Above Property said, "We are extremely pleased to partner with G6 Hospitality and share in the vision of leveraging our unique technology to maximize revenue opportunities for G6 Hospitality and their franchisees."
About Above Property LLC
Above Property LLC provides a market leading always-on multi-cloud global travel solution that solves the technology and business constraints of today's legacy based CRSs (Central Reservation Systems) and RMSs (Revenue Management Systems). The groundbreaking, multi-tenant, rules-based, big-data driven, globally Distributed Reservation System (DRS) has been architected to serve single properties to large chains. Above Property LLC, is headquartered in Naples, FL. For more information, please visit www.aboveproperty.com.
About G6 Hospitality LLC
G6 Hospitality LLC owns, operates and franchises over 1,200 economy lodging locations under the iconic Motel 6 and the extended stay Studio 6 brands in the U.S and Canada. Headquartered in Dallas (Carrollton), Texas, G6 Hospitality employs nearly 10,000 team members across the U.S. and Canada. For more information about G6 Hospitality LLC, please visit www.g6mediacenter.com
SOURCE Above Property; G6 Hospitality LLC