January 27, 2020, Turkey : RateGain today announces its partnership with one of Turkey’s leading property management system (PMS) providers, Elektraweb. The partnership will provide 4,000+ properties in Turkey with access to RateGain’s deep network of distribution across 1500+ channels, to scale up its market share through bundled distribution solution with PMS. RateGain’s channel network is a mix of global top-performing online travel agencies, global distribution systems, wholesalers and online booking engines.

This partnership involves the company’s integration with RateGain’s API solution for PMS vendors – which will now feed live availabilities and rates to diverse booking channels via RateGain’s channel manager RezGain for Elektraweb’s hotel clients, and deliver reservations.

Kemal Oral, CEO at Elektraweb, says, “I am very pleased as the thorough evaluation process has resulted in a powerful and innovative channel management partnership with RateGain, a market leader in distribution technology. We have been very impressed with RateGain’s technical capabilities. They have brought tremendous innovation to the distribution space, naming one would be their latest innovation called Smart Distribution. We wanted to offer our customers the ability to connect to leading channels worldwide, therefore, we decided to establish a partnership with RateGain which will help us to promote Elektraweb PMS as preferred integrated partner to all our existing and prospective customers globally. We are confident that our partnership with RateGain will offer significant added value to us and our customers.”.

Commenting on the partnership, Apurva Chamaria, Chief Revenue Officer, RateGain, said, “Through this partnership RateGain will empower Elektraweb and its customers in connecting their Elektraweb PMS to global-leading booking sites via RateGain’s Channel Manager RezGain. This will help them do away with the obligation of manual and complex price alterations, as well as manual updates of availabilities and reservations along with time and cost reduction leading to considerable increases in revenue from online bookings”.

Through its world’s favorite channel management product RezGain, RateGain is one of the global leader in providing complete two-way integrations for leading PMSs, integrating with more than 65 PMS’s globally. The company’s strong presence in the European market will support Elektraweb customers in leveraging the Elektraweb-RateGain integration to increase their online visibility around the world.

About Elektraweb:

Talya Bilisim is a technology firm that has been in the software sector for more than 26 years, has offices in 3 regions, 38 branches throughout Turkey, finds solutions to for the biggest public institutions, whose software is being actively used by more than 4000 facilities, that exports created software abroad.

Their goal is to enable their users to track financial, operational and the administrative process, making right decisions in a short time span and to offer complete control.

The Elektraweb Hotel Management System consists of 28 separate modules which can be integrated to all departments regardless of size. It is the most comprehensive hotel software there is. The software can be altered according to the hotel’s need. The Customer Service is operational 24/7. With over 4000 facility using it as of 2020. Elektraweb has become Turkey’s most popular hotel automation program and has become the leader in its respective market.

About RateGain:

RateGain is the #1 provider of SaaS products, which help travel, and hospitality companies make more revenue every day. RateGain offers products, which help with rate intelligence, cognitive revenue management, smart e-distribution, and brand engagement. RateGain is proud to support 125,000+ hotel properties globally influencing 13 Bn $ revenue by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, tour operators and wholesalers, 23 of the top 30 hotel chains, 7 out of the top 10 car rental companies, top 5 cruise lines, and many leading airlines worldwide. 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, 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.

Ankit Chaturvedi
AVP Marketing -RateGain
ankit.chaturvedi@rategain.com
+91 9654502760