10 March 2014
Tourico Holidays said it has achieved an industry-best 97 percent sync rate with top hotel brands including Hilton, Hyatt, IHG and Choice Hotels enabling them to extend pricing and availability more accurately to Tourico´s network of more than 800 online retailers around the world.
Recent enhancements to Tourico´s data caching technology have enabled the company to mitigate industry-wide challenges with pricing latency and data accuracy. By cutting the common failure ratio by more than a half, Tourico Holidays now exceeds the 92 percent connectivity rate that stood as the de facto standard in the travel distribution industry.
By powering hotel listings and bookings with real-time data delivered via XML protocol, travel retailers are not only able to access more accurate pricing data from Tourico Holidays but also a more diverse, unique and attractive hotel portfolio. Tourico reports that its average transaction size has increased more than 43 percent over the last year on mounting consumer interest in full-service, upscale hotels.
Tourico Holidays, a subsidiary of Travel Holdings, Inc., is a leading global travel distribution company that contracts directly with travel providers, such as hotel, cruise lines, attractions, ground transportation and more.