Business & Finance

Local Bigwig and Aaxsys Technology Announce Partnership

New York, NY - February 11, 2011 - Local Bigwig announced a partnership with Aaxsys Technology, a San Francisco-based company providing an online reservation engine and software that facilitates corporate housing and property management for homeowners and real estate agents.

Aaxsys members’ home listings of vacation & extended stay rentals will be automatically uploaded to LocalBigwig.com. Local Bigwig will utilize social media, SEO, and other forms of online marketing to deliver more bookings to Aaxsys members.

Local Bigwig will gain about 3,000 more home & apartment rental listings on its website as a result of this partnership. Travelers will browse and choose listings in various metropolitan cities – including Toronto, Dallas, San Diego, Boston, Las Vegas, & Tampa on www.localbigwig.com.

“This partnership is fantastic,” said founder and CEO of Local Bigwig Ray Madronio. With the Aaxsys real time available inventory, we feel better positioned to grow our company world wide.”

Zoya Smithton, founder and CEO of Aaxsys Technology, has been a leader in the vacation & corporate rental industry for over 30 years. Voted as a Woman Entrepreneur of the year for San Francisco, she managed to grow her businesses as well as the industry to global proportions.

This partnership takes effect immediately. For more information and updates on this matter, visit www.LocalBigwig.com.

About Aaxsys Technology

Simply put, Aaxsys Technology is a ground breaking software service that enables you to operate and market rental housing worldwide. Aaxsys is internet-based and requires no extra hardware or software. You can use it from your iPhone or any computer with a web browser. There is nothing to crash and no devices to buy, and you can designate as many users as you need to, in multiple locations, without licensing permission. It is simple to use, easy to learn and will gain you entry into the possibilities of the worldwide rental housing marketplace online.

About Local Bigwig LLC

Local Bigwig LLC is an online community that makes extended stay home rentals and corporate housing easier and safer. Furnished apartments &houses are offered to travelers and a local life experience is available on www.LocalBigwig.com – an easy, intuitive, and transparent online environment. Exceptional customer service, comprehensive marketing campaigns, ongoing website enhancements and positive travel experiences continue to propel Local Bigwig as the accommodation option for extended stay rentals around the world.

For more information, please visit www.LocalBigwig.com

Coming Up In The October Online Hotel Business Review




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Feature Focus
Revenue Management: Technology and Big Data
Like most businesses, hotels are relying on technology and data to drive almost every area of their operations, but perhaps this is especially true for hotel Revenue Managers. There has been an explosion of technology tools which generate a mountain of data – all in an effort to generate profitable pricing strategies. It falls to Revenue Managers to determine which tools best support their operations and then to integrate them efficiently into their existing systems. Customer Relationship Management, Enterprise Resource Planning, and Online Reputation Management software are basic tools; others include channel managers, benchmark reports, rate shopping tools and review systems, to name a few. The benefits of technology tools which automate large segments of a Revenue Manager’s business are enormous. Freed from the time-consuming process of manual data entry, and having more accurate data available, allows Revenue Managers to focus on analysis, strategies and longer-term decision-making. Still, for most hotels, the amount of data that these tools generate can be overwhelming and so another challenge is to figure out how to effectively utilize it. Not surprisingly, there are some new tech tools that can help to do exactly that. There are cloud-based analytics tools that provide a comprehensive overview of hotel data on powerful, intuitive dashboards. The goal is to generate a clear picture, at any moment in time, of where your hotel is at in terms of the essentials – from benchmarking to pricing to performance – bringing all the disparate streams of data into one collated dashboard. Another goal is to eliminate any data discrepancies between finance systems, PMS, CRM and forecasting systems. The October issue of the Hotel Business Review will address all these important developments and document how some leading hotels are executing their revenue management strategies.