Limassol, Cyprus- June, 2017: RateGain , the Hospitality & Travel Technology enterprise & Theova HotelWare PMS, which is one of the first & the largest IT companies of Cyprus, today, has announced their strategic partnership to deliver a swift and seamless online distribution solution to their partner hotels in the region.
With this integration, the Hotels, which are on Theova HotelWare PMS , will have access to manage their rates and inventory, on multiple OTAs/Channels with accuracy and speed.
In the wake of this integration, the well-known hotels like Thanos Hotels & Resort, Cyprotel Hotels & Resort , Tsokkos Hotels & Resorts have also implemented RateGain’s Channel Manager in their properties .
RateGain’s channel manager is a smart Online Distribution system that enables hotels with centralized distribution and ability to adjust opening and closing of channel according to market demand. This automation tool will not only increase the online exposure for the hotels but also will reduce manual error rate and parity concerns of the hotels.
Theodoros Theodorou, Chairman, Theova commented, “We hope that this cooperation will enable us to offer our customers a holistic distribution solution. Furthermore, we are working towards to enhance the integration in order to deliver electronically all reservations from B2C as well as B2B operators.”
“We are very pleased to form a strategic partnership with Theova. Today’s digital led dynamic business environment, Online Distribution has become a necessity for all the hotels and we are certain that Integrating the Channel Manager to the hotels will certainly improve their business performance. “ said Sapan Anand, VP –Strategic Alliances, RateGain.
Theova UHS Enterprise Solutions Ltd is one of the first IT companies in Cyprus and neighboring countries. Since 1983 Theova provides innovative software solutions both for the Hospitality sector.
The HotelWare product line is considered today as the industry standard solution as it is adopted by more than 80% of the Cyprus Hotels. Furthermore the HotelWare products are installed in other countries such as Egypt, Greece and UK.
The OfficeWare product line has a twofold role. Firstly it is a General business suite of products offering a complete integrated solution to wholesalers, retailers and service providers. The second role is fulfilled with the extended customization and the full integration with the HotelWare products which provides the Hospitality industry with a complete and state of the art front and back office solution.
Today, for nearly 35 years, Theova UHS continues to be one of the largest Information Technology Companies in Cyprus as well as one of the most prominent in the region, managing some of the largest Hotel Group Enterprises as well as other esteemed business organizations.
Founded in 2004, RateGain is a leading provider of cloud-based innovative solutions for the travel and hospitality industry. RateGain’s flagship single technology platform to manage revenue, reputation and distribution is a one-stop shop for hotels to increase revenue and profitability. With continued innovation and excellence in customer focus, we are proud to serve over 12,000 clients and numerous industry partners.