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Magnuson Introduces CRS Fee Calculator in UK Launch

Friday October 25th, 2013 - 11:49AM

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.