London, July 21, 2020 : RateGain Technologies, a leading SaaS company for travel and hospitality today announced a global strategic partnership with Thermeon and Bluebird, the industry experts in car rental software and management solutions. This partnership combines RateGain’s experience and expertise in rate shopping and revenue management solutions for the car rental industry with Thermeon’s and Bluebird’s technological prowess of car rental software to help customers identify new revenue generation opportunities.
Benchmarking against the identified competition, identifying and updating rates based on insights derived from historical and current market conditions, and faster turnaround in optimizing revenue strategy to reflect evolving user and market conditions and expectations is critical to success. The RateGain-Thermeon-Bluebird partnership will provide a solution suite comprising an end-to-end seamless automated pricing management, CRS, rental software, and revenue management solutions helping revenue and pricing teams track and react to changing market conditions faster and with data-based actionable insights.
Commenting on the partnership Paolo Pannunzio, VP Operations & Portfolio Manager, Thermeon and Bluebird said: “We are excited to partner with RateGain, the world leader in providing price intelligence and insights customized to address the car rental industry’s unique requirements. This joint proposition will help the industry improve time to market-powered by accurate intelligence and automated rate updates of RateGain’s best-in-class competitor pricing intelligence and revenue maximization solutions for car rentals and our 3-decade long experience of providing car rental software and management solutions.”
“Partnering with Thermeon to deliver transformation for to our customers will allow us to provide the most comprehensive solution suite consisting of cognitive price intelligence, CRS and revenue management, in a single product offering. This suite is aimed at helping the car rental industry benefit from faster, data-backed actionable insights to enable precision around revenue maximization.” said Anup Dhiraj, Product Head for CarGain. “Our dedicated solution portfolio for car rentals has been created on a basis of extensive understanding of the pricing challenges unique to the car rental industry. This partnership is a step closer to our vision and mission of enabling car rental operators to benefit from technology-enabled insights to ensure that their customers benefit from the best rates in the market.”
CarGain is one of the leaders in providing SaaS solutions to the car rental industry. We are trusted by all the top car rentals in the world and to provide market-leading insights for over 35,000 locations and 700+ sites while processing over 4 billion price points annually.
To know more about the partnership and how you can benefit and bring technology powered transformation for your car rental business visit https://rategain.com/partnership-contact-us/
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 250,000+ 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 https://rategain.com/
Thermeon’s 30 years of global experience in car rental software gives us the skills to understand your requirements, building systems that suit. CARS+ is the complete software solution to link your rental business directly to customers, partners and brokers. For more details visit www.thermeon.com
For over 30 years, Bluebird Auto Rental Systems has been supporting its many, many happy customers around the world with its full suite of car rental software solutions. Their flagship product, RentWorks, provides all the tools needed to run every aspect of a car rental business or service loaner department from the front counter to the back office. For more details visit www.barsnet.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.
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AVP – Marketing