London, U.K. – November 5,
2012 – RateGain, a leading technology company
dedicated to providing solutions catering to pricing, brand
intelligence &
eDistribution (Channel Management) for customers in the travel and
hospitality
industry , today announced the launch of RezGain, their next generation
channel
management solution at the World Travel Market (WTM) today amidst much
fan fare
with a flavor of Bollywood to it.
RateGain had earlier pioneered the pooled inventory method to
control room
inventory sold over online travel agencies (OTAs) and as we move to the
age of
social media, RezGain connects channel management to new age channels
through a
faster promotion management, a smarter reservation dashboard and an
easier
inventory management.
At the launch of RezGain, Bhanu Chopra, CEO of RateGain
stated, “I am very
pleased to announce the launch of RezGain, our next generation channel
manager.
This offers several innovative features for hotels to address the new
age
challenges in Channel Management. To begin with, hotels can distribute
over
thousands of traditional channels as well as new age channels and also
run
promotions on their Facebook and Twitter pages.”
He further added, “RezGain is the first Channel Manager to
utilize
intelligent algorithms to dynamically manage rates and effectively
distribute
the hotel's common pool inventory. The enhanced reporting offered in
RezGain
helps hotels identify the key performance indicators of individual
channels and
effectively optimize their distribution mix.”
In
addition to automated channel
management using a pooled or single image inventory approach, RezGain
also
allows users to designate the use of one single master room to apply
price &
allocation updates for several room-types on different extranets. Users can even customize this feature to set
up pricing rules between various room/ rate types across multiple
extranets
based on the demand. Each time a user creates a new room or rate type,
RezGain provides
the capability to fetch and auto re-map all the new room rates and room
types
across multiple channels.
RezGain
also provides several
options for updating inventory that make it easier for hotel staff. Unlike most other channel-management tools
that allow updates for only 30 days at a time, RezGain can process 365
days of
updates at a time. RezGain’s intelligent access rule manager
technology and
its unique social media connectivity allow hotel managers to manage
rates and
inventory across all OTA’s & new age channels with confidence.
About
RateGain
RateGain
is a technology company
dedicated to providing solutions catering to pricing, brand
intelligence &
eDistribution (Channel Management) for customers in the travel and
hospitality
industry in over 72 countries to streamline their operations in
distributions
and sales. Since their inception in 2004, their unique expertise in
rate
intelligence with a focus on competitive rate monitoring, demand
forecasting,
price sensitivity analysis and price modeling has enabled them to build
a
global footprint of customers.