The leading provider of ecommerce solutions for the global hotel industry, TravelCLICK, Inc., placed 34th in the Crain's Fast Fifty list, published yesterday in the Chicago area's most respected business paper, Crain's Chicago Business. Highlighting the Chicago region's best and most innovative public and private companies, this is the second consecutive year Crain's has ranked TravelCLICK on its list. A leading indicator of a company's outlook for long-term performance and industry leadership is often considered Crain's.
The firm's 230% growth during a four-year period was earned through a combination of product expansion, acquisitions and strategic partnerships, as noted by Crain's.
With focus on direct demand through their own websites, Chicago Business wrote that "business is booming" for TravelCLICK, whose comprehensive hotel ecommerce and revenue management solution enables hotels to drive consumer demand through the most effective channels. As evidenced by higher online conversion rates, with TravelCLICK's award-winning iHotelier online reservations solution, guests book directly to the hotel through an easy to use, interactive booking screen that improves the online booking experience, in addition to creating incremental revenue opportunities for hoteliers.
President and chief executive officer of TravelCLICK, Robert Post, declared:
"It is an honor to be recognized again on the Fast Fifty." "With fluctuations in the US and global hospitality markets, our comprehensive solutions are precisely what hotels need today to outperform their competitors and serve their customers better. The proof point is that our hotels are having increased revenue, higher room nights booked, and greater revenue per booking--from Chicago to Dubai to Melbourne."
TravelCLICK employs more than 400 people worldwide-150 of them in the Chicago area. Supporting 13,000 customers around the world, the company has international offices in Melbourne, Dubai, Barcelona, Shanghai and Tokyo. TravelCLICK also has been named to the Crain's business list of Chicago's largest privately-held companies.
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