Protecting the Largest Hotel Chainsfrom Revenue Leakage

Protecting the Largest Hotel Chains
from Revenue Leakage

The rise of new-age channels is giving competition to OTAs and brand sites as more travelers today search on these platforms as the traveler looks for competitive deals and prices making it extremely critical for hotels to have a foolproof strategy to maintain rate parity across all third-party partners.

RateGain, with its customisable and intuitive rate parity platform is helping hotels analyze their rate parity status quo, define strategies to minimize revenue loss and enhance brand reputation with industry’s only closed loop rate parity solution.

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Customer Speak

Parity+ caters to our rate parity concerns and assists in analyzing the recorded violations and acting upon them accordingly using a smooth and easy to use interface that has resulted in excellent business outcomes for us. The user experience and service response is something which outstands RateGain than anybody else in the market.

Merwin Dawson - General Manager – Revenue Management & Distribution The Leela Palaces, Hotels & Resorts

After an extensive review process, we selected RateGain to leverage their powerful solutions that will support our business with accurate data to build the right pricing strategy across all third-party platforms.

Timothy R. Wiersma - Vice President - Revenue Management Red Roof

Westmont works across the globe with various leaders in hospitality managing assets with a unique business plan to ensure best returns. As competition in the space increases with the rise of alternative choices, the landscape becomes more dynamic. After evaluating multiple service providers, our team was confident that RateGain understands this and has displayed a dedicated approach to drive revenue maximization, with its revenue management solutions. We believe that Optima’s solutions will help provide needed market information and deliver value every day.

Patrick Grimes - Regional Director of Revenue at the Extended Stay Division of Westmont Hospitality Group

RateGain’s RateShopper++ gives you a 360 degree perspective of the market on the real time. Data on AirBnB and Parity, helps monitor the new comp set and deviations thoroughly. Their newly launched Holiday and Events functionality, can guide properties for upcoming market demand, hence making pricing strategy more proficient.

Faisal Ijaz - Head of Revenue Management, DUKES Dubai

We have observed remarkable improvements in terms of man hours spent in updating rates. Thanks to RateGain’s tool, our hotel no longer has overbooking issues as we are in complete control of both availability and restrictions.

Ria Roberto - Director Revenue Management, Kenz Hotel Management, UAE

With the help of powerful dashboard analytics in the RateGain’s tool, we are now able to analyze our comp-set better as well as leverage the power of price intelligence. Hence, we are now able to identify source markets better which has resulted in a stark improvement in our RevPAR and ADR numbers over the past few months.

I Nyoman Astama - General Manager, Bali Niksoma Boutique Beach Resort, Bali

With RateGain’s solutions the immediate benefit we received was that we were able to position our property strategically among our comp-set as far as pricing was concerned. We were able to save time and efforts and it also provided us the confidence to manage rates multiple times during the day. With considerable data now on record, the RateGain tool is now a strong reference guide in our pricing decisions. RateGain’s tool is very user-friendly with the pages being very easy to maneuver across. It has definitely saved us time during the day to focus on selling. The fact the rate RateGain’s solution was providing real-time data compared to other products, was a key factor.