The way new generation travellers plan and experience their trip is now heavily influenced by innovation and evolving technologies. If you work in the hotel and hospitality industry, then this shift holds paramount importance to stay up to date on the latest trends which can bring heightened experiences for your customers.
If as a company you want to be at the top of the chain, you need to prioritise several technologies to stay one step ahead of your competitors. Keeping that in mind, RateGain, a leading hospitality solutions and travel technology company has come up with an array of softwares designed for the entire hospitality industry and serves them across the world to assist in building strategies that will increase revenue and unlock new opportunities every day for business owners.
It is the only travel-tech company that works with every vertical of the hospitality and travel industry to provide intelligence, real-time insights and discovering new demand across 191 countries.
Rate Parity
On a daily basis, more and more digital touchpoints continue to engage the travellers which makes it crucial for demand and supply partners to stay in sync with all the delivery channels and make sure the right price is showcased everywhere. Hence, Parity +, an offering by RateGain, helps in maintaining the right price across all listed channels by notifying about rate violations.
Revenue Management System
There is dense competition with online bookings, response to market shifts and changes has never been so imperative. In small and medium-sized enterprises, the major challenge for the team is to prioritise day to day activities and develop a strategy at the same time. This is where technology plays a major role. A revenue management system allows users to,
Strategise by providing you with real-time analysis of the demand and supply of the market
Determine prices based on rate recommendations which is calculated according to real-time and historical data
Track key performance data – compared to your revenue goals
Estimate Revenue
Track all properties on a clustered dashboard
Maximising yield by highlighting days which can generate better revenue using a market compression indicator.
Competitor Rate Intelligence
In a highly competitive hospitality and travel market, it becomes necessary for chain and independent hotels to monitor their activity as compared to competitors in terms of rates which can help them in taking micro decisions that have direct implications on business. RateGain’s proprietary tool – Optima, provides hoteliers with real-time rate intelligence clubbed with an accurate data quality framework that ensures they stay ahead of competition at all times. The newly released feature of MarketDrone allows tracking of intraday rate movements of competitors on a device of your choice.
Distribution Channel Manager
RateGain’s extensive network of demand partners like OTAs, TMCs and GDSs provides a large number of accommodation providers for hotels and travel sellers to attract every type of traveller. The hotel channel manager solution lets you combine your revenue and distribution strategy to maximise your reach. Their Smart distribution channel manager lets you discover new demand and expedite the process of contracting by,
Helping you tap into the industry’s largest ecosystem of demand channels
Getting access to more than 125000+ hotels
Connecting to DHISCO SWITCH and grow hotel partnerships instead of resource-intensive and restrictive direct connections.
Hospitality social media marketing
With RateGain’s revenue management capability and BCV’s hospitality social media marketing platform, you can leverage a host of special features to maximise guest lifetime. With an industry first approach, partner hotels get to
Elevate their brand experience and reputation
Manage negative reviews and perform crisis management
Monitor online activity 24×7
Avail social media consultation related to offers & deals
With a wide variety of products and services to cater to the needs of the entire hospitality industry, RateGain showcases commitment towards it partners and empowers them by providing AI driven insights of the market along with recommendations to maximise revenue, maintain reputation and discover new demand all over the world which makes them the best hospitality and hotel technology & service provider.