K+K Hotels Selects RateGain for Rate Shopping, Price Optimization and Channel Management Solutions

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. November 30, 2015

MUMBAI, INDIA. - November 30, 2015. - K+K Hotels, one of Austria's most recognized hotel groups has chosen RateGain, a leading provider of SaaS-based hospitality and travel technology solutions, for their rate recommendation, price optimization, and integrated channel management solutions. The hotel enjoys a wide presence across Europe's most beautiful and interesting cities such as London, Paris, Budapest, Prague, Munich, Barcelona, Vienna, and Bucharest.

RateGain will develop a more effective pricing strategy for K+K's transient business segment with the help of its rate shopping and optimization tools. Plus, RateGain's web-based distribution manager will distribute rates and track sales along with productivity across all channels for K+K.

Mihaela Grigore, Director E-commerce Development at K+K Hotels comments, “We operate in a highly dynamic market, where prices change in the blink of an eye. With RateGain, we now have better market intelligence, competition insights, and a scientific approach to help us make effective pricing decisions followed by constructive e-distribution”.

RateGain's cohesive products make the arduous process of understanding customer price intelligence and maximization uncomplicated. Furthermore, with the help of its web-based channel manager hotels are effortlessly able to update room inventory, rates and restrictions in online travel agent websites, booking engines and e-distribution systems.

Adding to this, Sameer Sinha, Global Sales Head at RateGain said, “We're excited to collaborate with K+K Hotels as their technology partner. Our products have been built to meet the demands of a rapidly moving marketplace. We are looking forward to helping K+K build further on its success in a super-competitive market”.

About K+K Hotels

Founded in 1961, by brothers Josef and Helmut Koller, K+K Hotels is one of Austria's leading hotel groups located in some of Europe's most exciting destinations. A distinctive character and stylish atmosphere with a thoughtful attention to detail makes each K+H Hotels special. Learn more about the exquisite family owned hotel group at http://www.kkhotels.com/en/home/

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:
Aditi Bhandari
RateGain
aditi.bhandari@rategain.com
+91 120 4975700 extn 271
Skype: aditi.bhandari6
Twitter: @RateGain
Mob: +91-9560833220
Americas: +1 312 238 9880
Europe: +44 (0) 20 337 191 13
Asia: +91 120 4388300
www.rategain.com