London: RateGain, the leading SaaS Company for travel and hospitality, today announced that Croatia Airlines, the state-owned flag carrier of Croatia has selected RateGain to gather vital pricing insights & competitive intelligence data using its advanced, real-time airfare price intelligence solution, AirGain.

With Croatia emerging as popular among international tourists in the last decade and looking to expand its destination network after the pandemic, the pricing team at Croatia wanted to stay abreast with the changing market conditions and keeping a close watch on competition to be the first choice of every passenger traveling from or to Croatia.

The ongoing pandemic has made it difficult for airline revenue managers to use historical data to build the right pricing strategy. AirGain will provide the team with a single screen, scalable visualizations to track market position easily, and personalization to help get real-time insights with just a few clicks.

Commenting on the partnership Krešimir Mlinar, Director Network & Revenue Management, Croatia Airlines said “To remain the airline of choice for all travelers in Croatia, we must have an accurate understanding of fares that are offered and available to customers across all digital platforms. AirGain with its easy to use UI gives us the required exhaustive and real-time insights about our market and competition thus helping us take data-backed decisions to boost profits and plan for growth“.

“The pandemic has put the revenue management function back in focus, as a critical driver of recovery as the world reopens once again.” said Shweta Vashishth, Vice President – Sales, RateGain, “We are delighted that Croatia Airlines selected RateGain to get control of their market through on-demand reports and use the new analytics experience to get insights and correct their strategy instantly”.

AirGain is an innovative SaaS-based airfare pricing intelligence product designed to enhance the revenue & operational efficiency of the airlines.

About Croatia Airlines

Croatia Airlines, the Croatian flag carrier, and Star Alliance member, was registered under the name of Zagreb Airlines d.d. in 1989. Since July 1990, the company has been operating under its present name.Croatia Airlines is a full-service carrier that provides domestic and international air passenger and cargo transport services. It also provides aircraft maintenance and professional training of aviation personnel. In its 32 years of operations, the company has been recognized by its passengers for flight safety, quality of services, and professional staff.
www.croatiaairlines.com

About RateGain

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

Forward-looking Statements

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.

Media Contact
Ankit Chaturvedi
AVP-Marketing
ankit.chaturvedi@rategain.com