Lowcostbeds Selects HotelGain
JANUARY 11, 2006. Online holiday packages provider Lowcostbeds.com has selected RateGain's HotelGain solution for online travel agents.
As per the agreement, Lowcostbeds.com will use HotelGain to monitor prices of its competitors. HotelGain Net Report is adept in providing a complete overview of the competitive market in one easy use interface.
Bhanu Chopra, Chief Executive Officer, RateGain IT Solutions Private Limited, said: "We are delighted to announce that Lowcostbeds.com has chosen our HotelGain solution for monitoring prices of their competitors."
Its imperative for online travel intermediaries like Lowcostbeds.com to be equipped with precise information on travel inventory and pricing of its competitors."
Paul Evans, the founder of Lowcostbeds.com, said, "RateGain's price intelligence service will help us assess and adjust our hotel pricing in a highly competitive marketplace to enable us to place a price guarantee on our inventory."
With the HotelGain solution, clients have the base price as well as the capability to "slice and dice" it for finding trends.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
