-- Jury notes Price Intelligence Suite’s impact on travel and tourism industry --
SUNNYVALE, CALIF., March 23, 2011 –Lixto, Inc., is the recipient of the Trends and Innovation Travel Distribution and Investment Summit’s Travel Innovation award.
The award, presented to at the conference last week in Sofia, Bulgaria, recognizes the product or service that has the greatest ability to change the way people make decisions, and that demonstrates significant impact on the optimization of the travel and tourism industry.
Lixto received the Travel Innovation award for its Price Intelligence Suite for the travel industry, a web extraction and analysis system that allows sales, revenue and financial managers to obtain up-to-date views on competitors’ pricing strategies by accessing and monitoring information on thousands of offerings, rate points, ratings and reviews across multiple websites quickly, accurately and reliably.
A jury of experienced investment and travel industry experts selected Lixto for the award based on presentations by Jason Houle, the company’s vice president of travel solutions at Lixto. Jury participants ranged from the chairman of the board of the Bulgarian Stock Exchange to senior executives with travel giants Galileo and Sabre Group.
“The Travel Innovation award is a tremendous honor for Lixto,” says Christian Koestler, president and CEO of Lixto. “The fact that a jury with such experience and knowledge of the travel industry selected the Price Intelligence Suite confirms that Lixto is truly transforming the way hotel and lodging businesses are working around the world.”
The SaaS-based Lixto Price Intelligence Suite enables organizations in the travel industry to access and monitor information on hundreds of products, rate points, rankings and reviews across multiple websites. Incorporating specialist price operations, analytics and strategy modules, the suite enables sophisticated revenue and margin management. Users receive extracted data results online through dashboards and reports that clearly highlight possible threats and opportunities, and support decision-making that can positively impact volume, margins and the bottom line.
Lixto, Inc. (www.lixto.com, www.twitter.com/LixtoNvalley)
Lixto, Inc., is an international leader in web data extraction and analysis. The company’s Price Intelligence Suite extracts specific, precise data from the web, offering competitive price visibility that empowers better decision-making and drives operational performance. Companies throughout the world, including Insight Direct, USA, Fujitsu Technology Solutions, Hama, hotel.de, Iberostar Hotels, shopping.com, and ZF Friedrichshafen, have adopted Lixto solutions.