RateGain continues to innovate and launches the next generation channel manager, RezGain offering hoteliers faster promotion management, smarter reservation dashboard and easier inventory management
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.
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