RateGain announces the latest achievement in shaping the revenue and distribution strategy for hotels worldwide as the company is chosen by Hyatt Hotels and Resorts as one of their preferred online channel management vendor.
RateGain’s channel manager, RezGain, will help Hyatt’s hotels distribute efficiently on thousands of channels, including regional and global OTAs and social media, and provide yield management controls which optimize online revenue. RateGain developed the concept of pooled inventory to provide greater flexibility to hoteliers and its channel management solutions are used by more than 1700 hotels worldwide. RateGain’s global scale and comprehensive support services are well positioned to meet Hyatt hotels’ business needs.
Bhanu Chopra, Founder & CEO, RateGain said, “We are very pleased to announce the addition of another marquee client, Hyatt Hotels and Resorts. This cooperation validates the investments we have been making into our technology to build a robust distribution platform that allows our Hotel Customers to tap into demand and maximize returns from regional OTAs as well as emerging platforms such as social media sites, private sale sites and mobile channels”.
He further added, “RateGain has built customer confidence through strong performance and reliability. The engagement with Hyatt represents another milestone in our goal of building the smartest technology to power the hospitality industry.”
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