RateGain acquired Chicago based BCV Social in June 2019 with a strategic imperative to deliver maximized guest lifetime value for its customers. The combination of RateGain’s AI-driven cognitive revenue management, frictionless distribution solution and the social media expertise of BCV Social would lead to creation of a hospitality specific ‘Guest Experience Cloud Platform’ consisting of proprietary digital products designed to increase direct sales, provide unparalleled guest interactions and mitigate negative experiences by getting the right intelligence, pushing the right message, managing their reputation and optimizing acquisition costs.
Addressing the trend in the convergence of marketing, revenue management and distribution, RateGain completed this addition to its portfolio today to help hotels of every size maximize guest lifetime value.
RateGain acquired Dallas based DHISCO in August 2018, to enable the largest frictionless distribution network access to the hospitality and travel industry. This acquisition brought together the world’s most comprehensive hospitality distribution company and the world’s most intelligent BI and Revenue Management platform. The RateGain – DHISCO created 1 + 1 = 111 for our customers enabling them in making more revenue every day.
Today, with 125,000+ properties on-board and connection to over 1,000 channels including OTAs, GDSs, Tour Operators and TMCs, RateGain is a leader in the hospitality distribution landscape. By delivering over 20 billion transactions each month, DHISCO provides shopping, booking, and content distribution through a newly designed infrastructure, with world-class speed, reliability, and scalability.