London, U.K. – November 8, 2012 – RateGain, a leading hospitality & travel technology provider of competitive price intelligence, channel management, reputation management & social media marketing solutions, announces the appointment of hotel industry veteran Tim Weeks as Vice President, Business Development. Besides spearheading business development for the company in Europe, Tim will also be forging strategic partnerships with other solution providers in the Hospitality Technology ecosystem.

On Tim’s appointment, Siddhartha, EVP, Americas & Europe, said, “I am delighted to have Tim join us and his experience in Hospitality technology and strategic business approach will surely take RateGain to newer heights. I’m confident that he will further consolidate RateGain’s position as a leading innovator and solution provider to reckon with, in the Hospitality industry”.

On his new role, Tim said, “I am delighted to be joining the RateGain team. The strong product set and track record of phenomenal growth stand testimony to showcasing RateGain as a key player in the rapidly evolving marketplace for flexible and responsive hospitality solutions. I look forward to contributing to RateGain’s continuing growth and global success.”

Prior to Joining RateGain, Tim served as the Regional Director EMEA, Strategic Accounts for Pegasus Solutions and worked across and led a diverse range of their European account management activities, generating demand for Utell hotels, all Sales and Account Management activities related to commission processing and commission collection activities, and most notably their Partner Distribution network across the EMEA region. Prior to his stint at Pegasus, he held position of a Hotel Processes Manager at Carlson Wagonlit Travel (CWT) and was responsible to provide continuous improvements to the financial and rate negotiating relationships between CWT and their hotel customers.

Prior to Carlson Wagonlit Travel, Tim held sales roles on property with Hilton, Rezidor and the Great Eastern Hotel in London. Tim graduated with a Bachelor of Arts Degree from the University of Durham, and is based in Guildford, United Kingdom.

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.

For more information, please visit: www.rategain.com