Dallas: RateGain, a leading provider of SaaS solutions for travel and hospitality, today announced that COCHA, the largest travel operator in Chile standing out for their wide variety of tourism-related services for more than seven decades has selected RateGain to improve their operational productivity using technology to derive actionable competitor pricing intelligence in real-time.
Leveraging RateGain’s competitor pricing intelligence solution suite for OTA’s, Airlines, and Holiday Package Providers, COCHA will move ahead in their technology-powered transformation by automating an otherwise time and effort-consuming process of gathering and analyzing competitor pricing data to offer the best prices in the market. Using this information they will be able to generate faster insights and make data-backed decisions to offer their customers the best rates for their travel plans and outperform the competition at every price point.
“We selected RateGain because of their extensive experience of working with 25 out of the top 30 global OTAs. As travel resumes slowly but surely across the globe, accurate actionable insights delivered in real-time are critical for the teams at COCHA to become more agile in optimizing our pricing strategy and continue to offer the best rates to our customers. RateGain’s ability to provide an apple to apple comparison on packages and wide coverage of over 1 million properties will play a crucial role in our recovery in the new normal.”, commented Lorenzo Possee, Business Manager, COCHA.
Commenting on the partnership, Shweta Vashisht, VP – Sales, RateGain, said “We are proud that an industry leader in the LATAM market has selected RateGain as their partner of choice to offer the best prices and deliver value for travels by leveraging competitive rate intelligence to make data-backed decisions. As travelers look to resume travel beyond the pandemic, real-time intelligence on frequently changing market trends and competitive pricing strategy will be essential in making decisions to optimize pricing strategy in an otherwise volatile demand landscape.”
As a third-generation family business and with over 70 years of experience at the forefront of the tourism industry, COCHA is today the largest and most respected travel agencies in the country, noted for its great variety of tourism-related services, as well as its reputation for having the most experienced staff and experts focused on offering the best advice and service before, during and post-trip. To know more visit www.cocha.com
RateGain is a leading provider of SaaS products, which help travel and hospitality companies with cognitive revenue management, smart e-distribution, and brand engagement to make more revenue every day. RateGain is proud to support 125,000+ hotel properties globally by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, world’s fastest-growing airlines, 23 of the top 30 hotel chains, tour operators and wholesalers, all top car rental companies, largest cruise lines, and the largest travel management companies. In 2018, RateGain acquired DHISCO, which made it the only company in the world to offer end-to-end smart distribution. In June 2019, RateGain acquired award-winning BCV to offer guest experience cloud to maximize guest lifetime value for hospitality chains. For more information, visit www.rategain.com
Certain statements in this release are forward-looking statements, which involve some risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words ‘planned,’ ‘expects,’ ‘believes,’’ strategy,’ ‘opportunity,’ ‘anticipates,’ ‘hopes’ or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, data services and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptance of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages.