Tourico Holidays Develops & Launches Olympus X

Tourico Holidays Develops & Launches Olympus X

Tourico Holidays Develops & Launches Olympus X
Global Travel Wholesaler Develops First-of-its-kind Client-Facing Platform to Help Distributors Improve Efficiency & Profits

ORLANDO, Fla.– Tourico Holidays, one of the world’s fastest growing wholesale travel brokerage companies, today announced that it has developed and launched Olympus X, a proprietary platform designed to help travel distribution clients improve inventory accuracy, identify hotel deals with the highest profit margins, and increase sales. The first-of-its-kind interactive dashboard also provides detailed monthly reports where clients can view all of their bookings, total room nights, cancellation ratios, average daily rates (ADR), year-over-year and month-over-month growth, the best hotel opportunities for boosting profits, and many other valuable data points.

Olympus X also enables Tourico to view client inventory and bookings and offer its sales support. Using the platform, Tourico can help identify high-margin hotels and ExclusiveDeals, Tourico’s selection of pre-purchased hotel room blocks, that a client may be missing from its inventory. The intuitive program maps out a client’s sales region and ensures inventory from that area is current, while prioritizing the best hotel deal options. The platform enables Tourico sales managers to monitor client trends, recognize areas of opportunity, and help clients strengthen their margins.

“Olympus X is truly the first all-inclusive, interactive platform for travel distributors that not only allows them to capture real-time data that is critical to day-to-day operations, but it also identifies areas of potential improvement and growth,” said Lev Koutamonov, the Vice President of Professional Services for Tourico Holidays. “Never has there been a singular platform that proactively updates and assists travel distributors with their business, and offers them the automated reporting that brings it all together.”

Several industry-wide problems led to the development of Tourico’s professional services technology. Until now, Tourico sales managers did not have visibility into clients’ systems regarding Tourico product, making it extremely difficult to identify how to improve sales and profits. Fragmentation of information and business tools was also a primary obstacle for clients, preventing them from improving their reaction time and efficiency.

“Between great company leadership, a team of highly qualified engineers, developers, and programmers, and working directly with clients on process improvement, we were able to create a solution to a longstanding industry issue,” said Koutamonov. “We’re looking forward to using the new platform to help all of our clients take their businesses to the next level.”

About Tourico Holidays

Tourico Holidays, a business unit within Hotelbeds Group, is a leading global travel distributor that contracts directly with travel providers, such as hotels, flights, cruise lines, attractions, car rentals, vacation homes and more. Tourico works on a high-volume, wholesale model to broker this inventory to over 2,500 clients in 95 countries using proprietary technology. For more information, please visit TouricoHolidays.com.

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Contacts

Pete Bahrenburg
Tailwind PR
pete@tailwindpr.com
Phone +1802-497-1932

External Communications Specialist
Alicia Orta Stanford
alicia.ortastanford@touricoholidays.com

Monarch Holidays Partners with Tourico Holidays to Make Affordable Hotel Options Available to Travelers

Monarch Holidays Partners with Tourico Holidays to Make Affordable Hotel Options Available to Travelers

Monarch Holidays Partners with Tourico Holidays to Make Affordable Hotel Options Available to Travelers
Low Cost British Airline and Holiday Company to Package Flights and Hotels

LONDON & ORLANDO, Fla.– Tourico Holidays, one of the world’s fastest growing wholesale travel brokerage companies, today announced a new distribution partnership with Monarch, a leading low cost airline and holiday company based in the United Kingdom. The partnership will enable Monarch Holidays to significantly expand its range of European beach holidays and city breaks using Tourico’s worldwide inventory of hotels and Exclusive Deals, or pre-purchased hotel room blocks.

“By partnering with Tourico, we’re able to offer our customers a broad range of holiday options to any of the destinations that Monarch serves,” said Richard Francis, Managing Director of Monarch Holidays. “Tourico’s unique contracting methodology of pre-purchasing large hotel room blocks allows them to secure industry-leading prices that we can now pass on to our customers.”

Monarch offers six million sector seats to over 40 destinations from five UK bases, including London Gatwick, Birmingham, Manchester, Leeds-Bradford and Luton, where the company is headquartered. The company’s tour operating division – Monarch Holidays – offers a variety of package holidays: from beach holidays to city breaks, and villas to Lapland adventures.

Tourico contracts more than 80,000 hotels in 6,598 cities and specializes in brokering rooms to distribution clients, such as airline suppliers and tour operators. In 2016, Tourico sold more than one million hotel room nights through airline partners, offering industry-best selection and rates.

“Tourico has made it a priority over the past several years to increase the number of pre-purchased room blocks in popular European cities such as Barcelona, Lisbon, Rome, Venice, and Stockholm,” said Neil Emerson, the President of Business Development in Europe for Tourico Holidays. “Monarch’s travelers will now have access to this unique hotel inventory, allowing them to save significantly on their hotel reservations – in addition to their flights.”

About Tourico Holidays

Tourico Holidays, a business unit within Hotelbeds Group, is a leading global travel distributor that contracts directly with travel providers, such as hotels, flights, cruise lines, attractions, car rentals, vacation homes and more. Tourico works on a high-volume, wholesale model to broker this inventory to over 2,500 clients in 95 countries using proprietary technology. For more information, please visit TouricoHolidays.com.

About Monarch

Monarch is a leading UK independent airline group. The company includes a scheduled airline, in-house tour operator and an award-winning engineering division. The airline flies from five UK bases and offers six million sector seats to leisure destinations; the tour operating division offers package holidays across the airline’s scheduled network focusing on beach, city and ski breaks. Monarch was voted the world’s most punctual low cost carrier in OAG’s Punctuality League 2016 and was appointed a Gold Trusted Service award by Feefo, the independent trusted ratings and reviews platform, in February 2017.

Follow us on LinkedIn:
https://www.linkedin.com/company/tourico-holidays/

Contacts

Pete Bahrenburg
Tailwind PR
pete@tailwindpr.com
Phone +1802-497-1932

External Communications Specialist
Alicia Orta Stanford
alicia.ortastanford@touricoholidays.com