Hotel Online  Special Report
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RateGain Clinches Deal with Ramada Jarvis Hotels; Ramada Opts
for YieldGain Channel Management Solutions
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CHICAGO (March 8, 2006) – RateGain (rategain.com), a leading US-based software services company providing web-based competitive price intelligence and channel management solutions to the hospitality industry, has signed a deal with Ramada Jarvis Hotels. 

As per the agreement, Ramada Jarvis has chosen YieldGain channel management solutions for all its 45 hotels.

Jacqui Bentley Mckenna, Director of Reservations Services, Ramada Jarvis Hotels, said, “We have been researching for some time to find a partner that can help us reduce the time it takes to update the various 3rd party extranet sites and to ensure we achieve rate parity across these channels. Put simply, we have been looking for a channel management tool.

“We believe we have found the right solution for us with RateGain and have signed up all 45 Ramada Jarvis hotels. It’s a simple yet effective product that will save us time, improve accuracy levels and allow us to open up some new online channels,” added Jacqui.

Bhanu Chopra, Chief Executive Officer, RateGain IT Solutions Private Limited, said: “This deal with Ramada Jarvis Hotels exemplifies our aggressive growth in the hotels customer segment. We continue to penetrate deeper into the European markets.” 

On new deal, Chopra added: “We got this account mainly due to the salient features of our products, their simplicity and easy to use offerings.”

“Our focus is to keep evolving our products. One of the key areas is to enable integration of our products with the CRS/PMS companies, saving them more time and improving their productivity. There has been a constant push to release new features. For Rate Shopping, we are now providing customised data view tool for brands that includes Rate Parity reports and Benchmarking reports for major markets under each star segment,” said Chopra. 

YieldGain is a web-based channel management software application enabling hoteliers to manage rates/availability and allocation on different websites. Using this one interface, hoteliers can update rates and allocation on multiple websites and also get alerts. 

“YieldGain is a convenient alternative to manual loading of rates on different websites. Besides, the usual benefits of automation, YieldGain offers following benefits: It can be used anywhere, anytime. No need to download any software; Ability to update rates and inventory frequently for superior revenue management, in turn leading to increased revenues and curve tapping of revenue opportunities; Extremely easy to effect rate parity across different channels; Consolidated views enables superior rates and allocation planning across different channels,” said Chopra. 

Meet RateGain team at: 

ITB - Berlin - March 8th - March 12th, 2006 
Hall 6.1 booth #141

 
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Contact:

Dush Mehta
RateGain
Email: dmehta@rategain.com
Tel: +1-312-238-9027
Website: www.rategain.com

Address:
635, N Dearborn
Suite 1106

Chicago, IL 60610
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