Cvisit Partners with Rategain to Boost Its Distribution Capabilities in Sri Lanka

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. March 16, 2015

MUMBAI, INDIA. - March 16, 2015. With online channels gaining increasing popularity among individual business and leisure travelers in Sri Lanka, managing multiple online channels and staying competitive within a dynamic marketplace are among top challenges for hotels.

Cvisit, Sri Lanka's premier online holiday booking specialist, with the objective of expanding its online distribution network, has incorporated RezGain as part of its strategy.

“We have integrated RezGain in our supplier network which enables us to update the rates and inventory on a dynamic basis which is extremely important in today's fast changing environment. We believe this will enable Walkers Tours to offer the most competitive rates and inventory seamlessly,” said Mr. Vasantha Leelananda, Executive Vice President & Sector head of the Destination Management sector (Walkers Tours) of John Keells Holdings PLC, which owns Cvisit.

“We are delighted the prestigious Cvisit has chosen RateGain's integrated channel management platform to expand its online distribution footprint,” said Bhanu Chopra, CEO and Founder, RateGain. He further added, “We're confident that this landmark partnership would place Cvisit miles ahead of its competitors in the rapidly evolving and increasingly competitive online market in Sri Lanka.”

RezGain, the next generation channel manager from RateGain, gives instant control over yield management empowering hotels to handle more product types while automating the distribution process. RezGain helps properties to optimize online revenue potential by extending their distribution reach across all relevant sales channels using pooled inventory for efficient availability management.

About Cvisit

Cvisit, the first online travel booking engine offering the best deals on hotels (3-star & above, luxury boutique hotels & villas), transfers, excursions and travel packages in Sri Lanka, is owned by John Keells Holdings PLC. Transport and excursion options can also be booked in conjunction with hotel bookings made online through Cvisit.com. For more information, visit: http://www.cvisit.com/

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
vikram.bahl@rategain.com
+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