RateGain Launched New Rate Shopping Tool PriceGain-Hotels for Price Comparison of Hotels
February 28, 20110 = RateGain has launched a new rate shopping tool PriceGain-Hotels for price comparison of hotels. PriceGain-Hotels is a web-based rate shopping solution that significantly empowers the pricing strategy of hotels in relation to their immediate competitive set and trendsetters in the hotel industry.
“Our business has evolved from being a competitive intelligence provider to more of a market intelligence and distribution solutions provider to the online hospitality and travel industry. There is a growing demand from hoteliers to integrate business intelligence with their existing or new revenue management systems to control their pricing as well as execute an analytics based competitive pricing strategy. For hotels, the importance of measuring their competitiveness is of paramount importance to sustain and grow their market share in the markets they serve. This is certainly seen as the next phase where suite of business intelligence solutions in travel industry can take the next leap and transform as an integrated solution as per the changing market demand.” says Bhanu Chopra, CEO RateGain.
Some of the salient features include: - Monitors '000s (thousands) of channels in its reports that not only include web direct hotel sites but also OTA sites (both regional and global players). - Monitors up to 365 days in advance both real time as well as through schedules. - Enables easy identification of demand and pricing trends proactively with nine strategic views that guide quick pricing decisions. - Smarter Yield by Inventory (Making sure your base category rooms are available even at last minute to be sold at premium rates). - Benchmarks apple to apple - various rate types like Merchant / Retail, Qualified / Unqualified, Restricted / Unrestricted, MLOS, Occupancy based are fetched. - Increases brand credibility by preserving the sanctity of your 'Best Rate Guarantee'. - Robust and proven platform delivers more than one billion rate points monthly to the travel industry including Hoteliers, OTAs, Airlines, Tour Operators, Wholesalers, Bed banks, Corporates, Car Rentals, Cruise and even other travel technology players.
To know more about PriceGain-Hotels, please visit:
http://www.rategain.com/pricegain_hotels.html
About RateGain
RateGain, one of the most awarded hospitality and travel technology companies, offers innovative web-based solutions to top Online Travel Agents, Airlines, Wholesalers and Hotels across 65 countries. Our solutions are in the areas of Channel Management, Distribution, Competitive Price Intelligence, Reputation Management and Social Media Marketing. Established in 2004, RateGain is headquartered in Noida, India with offices in the US, Thailand, Spain and the UK. For more information, please visit www.rategain.com.
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 
