RateGain clinches deal with Ramada Jarvis Hotels
Ramada signs for HotelGain rate shopping and YieldGain channel management solutions
CHICAGO (March 1, 2006) - Rate
Gain (
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 Rate
Gain's HotelGain rate shopping and YieldGain channel management solutions for all its 45 hotels.
Bhanu Chopra, Chief Executive Officer, Rate
Gain 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 customized data view tool for brands that includes Rate Parity reports and Benchmarking reports for major markets under each star segment," said Chopra.
HotelGain Net Reports provides complete overview of the competitive market in one easy use interface. With the HotelGain solution, the clients not only have the base price but also have the capability to "slice and dice" it for finding trends.
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.
This powerful tool has following features:
" Manage multiple properties and multiple websites using one interface.
" Consolidated view of inventory positions and rates on different websites.
" Simultaneous and real-time updates of rates and inventory on multiple websites.
" Option to update rates for multiple days (weekdays and weekends) at the same time.
" Update rate restriction e.g. minimum length of stay (LOS), taxes, no. of adults etc.
" Update inventory close-out for multiple days.
" Track request history and log of successful and unsuccessful/pending requests.
"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.
