Accor Hotels Partners with RateGain for its Rate Shopping Solution

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. February 25, 2015

MUMBAI, INDIA. - February 25, 2015. RateGain, the global leader in hotel online distribution, rate shopping and channel management solutions, has today announced their partnership with Accor Hotels, and a global partnership agreement has been signed. With this new partnership, Accor Germany has rolled out RateGain's rate shopping tool - PriceGain - to all its managed/owned hotels, and the franchise hotels can benefit also from this global partnership agreement. PriceGain tool will support these hotels on a daily basis in achieving optimal room pricing in a fast paced market.

Accurate rate intelligence is a critical input to formulate a sound revenue strategy and PriceGain's rate shopping data provides unsurpassed value. The robust and scalable platform compares prices from thousands of sources very quickly, enabling users to ensure that their own pricing can help them achieve better revenue. It tracks up to 365 days in advance both real time as well as through schedules. PriceGain delivers more than 1 billion price points monthly to the travel industry including hoteliers, OTAs, airlines, tour operators and other travel technology players.

Christine Leitner-Gräwert, Vice President Pricing/Revenue Management, Central Europe said, “Accor understands that a smart rate shopping tool is fundamental to a hotel's success. We chose RateGain's rate shopping tool - PriceGain for its easy-to-use, real time data, unparalleled and powerful rate intelligence capabilities and the best in class support structure especially in the execution of e-learnings in german language for all of our hotels, which were rolled-out on Price-Gain.”

Bhanu Chopra, Founder & CEO, RateGain stated, “We are very pleased that Accor Hotel Group has chosen to use PriceGain for its Rate Intelligence data requirements. It's a great opportunity to work with one of the world's leading hotel groups. With this partnership, Accor hotels will be able to get much more value out of their investment into a revenue management system and have access to the fresh and accurate data available.”

About Accor

Accor is the world's leading hotel operator and market leader in Europe. This hotel group is present in 92 countries nearly 3,600 hotels and 440,000 rooms. It has 32 localised websites, such as an Arabic site, a Portuguese site, etc.), and these points of sale offer all 14 of the brands for the 3,600 hotels conglomerate. For more information, please visit http://www.accor.com/en.html

About RateGain

RateGain is a leader in hospitality and travel technology solutions for revenue management decision support, rate intelligence, seamless electronic distribution and brand engagement, helping businesses around the world streamline their operations and sales. The company serves more than 5,500 customers, including independent hotels, chains and brands, as well as online travel agents, wholesalers, tour operators, car rental providers, airlines, cruise lines and other e-retail clients. Founded in 2004, RateGain is headquartered in Noida, India, with offices in Spain, the United Arab Emirates, the UK and the U.S. For more information, please visit www.rategain.com.

Media Contact:
Vikram Bahl
RateGain
[email protected]
+91 120 4975700 extn 271
Skype: vikrambahl
Twitter: @RateGain
Americas: +1 312 238 9880
Europe: +44 (0) 20 337 191 13
Asia: +91 120 4388300
www.rategain.com