RATEGAIN WORKS WITH TRAVEL COMPANIES TO OPTIMIZE THEIR REVENUE
WITH OUR CUTTING EDGE PRICE RECOMMENDATION PLATFORM
We help travel companies, tour operators, vacation package companies, OTAs, Cruises, Airlines, Car Rentals, etc. optimize their prices in a scientific way by taking into consideration bench mark comparisons, demand patterns, competition pressure, etc.Our solutions assist our subscribers with optimal rate positioning with our price recommendations for each product based on perceived value, benchmark rate, and market supply.
We provide valuable insights for cutting edge price recommendation, both products, and channel wise with real time accurate and customized reports. Users also get access to reviews and ratings from the major review sites, market supply data and forecast data up to 365 days.
A US-based client wanted a pricing strategy for its packages (both flight and hotel room-night combinations) for their various brands
The customer shared its transaction data (historic and current, which was added every week). inventory data (both hotel and flight, in case of fixed inventories) for all of its brands
We used customer transaction data and competitor pricing data (different for different brands) to analyze demand, historical yield pattern and competitive bechmarking, separate models were developed for dynamic and fixed inventory packages
Final Price Recommendation for packages was made on the basis of scientific algorithms
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