Hotels need to drive rate parity towards value differentiation than just price. With this article, we want to emphasize on the progress towards the Best Value Guarantee instead of Best Price Guarantee. Yet, a little attention on the key troublemakers can go a long way in warranting that, your hotel always stays ahead of the competition. Invest in a good Rate Parity Tool Now!
New Delhi, November 17, 2017: Kamat Hotels (India) Limited, one of the fastest growing hospitality groups in India, today announced of their integration with RateGain Technologies, a leading hospitality, and travel technology solutions company, for their online reputation management solution, BrandGain. The tool would take complete charge of managing the reputation of the Group’s properties…
3 – Star Hotels: 2 cities had less than 10% of hotels in parity out of 11 cities surveyed
4 – Star Hotels: 4 cities had less than 10% of hotels in Parity out of 12 cities surveyed
5 – Star Hotels: 5 cities had less than 10% of hotels in Parity out of 12 cities surveyed
Launching AirGain, a SaaS product for Airline Revenue Managers and Pricing Experts London, UK, 15 Nov 2017: RateGain announces the launch of AirGain, a real-time airline pricing intelligence solution that collects and analyzes airline fares for diverse categories and attributes across multiple distribution channels. With AirGain, an airline aims to solve such critical business challenges…
An efficient and cutting-edge Hotel Revenue Management Solution not only increases the revenue and profitability, but also ups efficiency of sales and marketing efforts. This directly leads to improvement of market insight, guest demography & current trends in the occupancy of hotel inventory.
Geo-location prices of different hotels are being taken into account by industry players both hotels and OTAs as it gives them a sense of how competition is pricing their property in different regions and then, accordingly set (or change) their own prices.