Magnuson Introduces CRS Fee Calculator in UK Launch
Friday October 25th, 2013 - 11:49AM M
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LONDON—Launched last week at the Annual Hotel Conference in Manchester, Magnuson Worldwide’s global hotel reservation system CRS1 has introduced a CRS fee calculator.
The fee calculator allows individual hotels and chains to compare fees between the CRS1 and several of the largest CRS providers. CRS1 offers GDS/OTA/Google distribution with flat fees per transaction and volume based pricing, and according to the company, can save customers up to 90%.
"Global hotel rates have increased 2% in the last year, offset by a world inflation rate of 4.2%,” stated Magnuson Worldwide CEO Thomas Magnuson. “Owners can no longer count on rate or demand increases for profitability, but they can regain profits quickly with a consistent low cost operating strategy.”
The CRS1 system offers a free hotel property management system, PMS1, no monthly fees, no monthly minimums and no long-term contracts. In addition, it can interface with major PMS systems.
Tags: Magnuson Worldwide • Thomas Magnuson • CRS1 • PMS1 • Hospitality • Operational •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.