NOIDA, India, November 10, 2022 /PRNewswire/ — RateGain Travel Technologies Limited, a global provider of SaaS solutions to the hospitality and travel industries, announced today that it has won at the recently concluded World Travel-Tech Awards 2022, organized by World Travel Awards in awarded in two categories.
The prestigious World Travel Awards have recognized excellence in the travel and hospitality industry for over 29 years and is one of the industry’s most coveted awards. As technology becomes increasingly important for the industry to scale and increase efficiency, the World Travel Awards began recognizing excellence in travel technology to help the industry make better technology decisions.
RateGain was recognized as the world’s best channel manager for its connectivity solution that offers unlimited ARI updates, enterprise-level analytics and easy discovery of new source markets using artificial intelligence.
In addition, RateGain was also recognized as the Best Car Rental Technology Provider for its latest AI-powered revenue management platform, Rev AI, which helps car rental companies grow their revenue without investing thousands of dollars, making any forecast profitable.
The awards, decided by customer votes, help the industry to find the right digital solutions. Since the onset of the COVID-19 pandemic, commercial teams in travel and hospitality have been looking more than ever to adopt digital solutions that can help them achieve greater profitability.
Thank you RateGain customers, Ankit ChaturvediGlobal Head of Marketing, RateGain, added, “In the last ten months, RateGain products have won over nine awards, and each of these awards is a way for RateGain’s 2,500+ customers to show their support and validate the efforts our teams put into the development of the have plugged in the right products. We really hope that we continue to excel and add more such recognitions.”
Focused on helping the travel and hospitality industry fuel recovery and unlock new revenue, RateGain is focused on increasing profitability for its clients. Its best-in-class products have delivered stable recurring revenues of 99%, improved profitability by 169% and driven growth by 47% year over year.
RateGain Travel Technologies Limited is a global travel and hospitality SaaS solutions provider, working with over 2500 clients in over 100 countries, helping them accelerate revenue generation through acquisition, retention and wallet share growth. Founded in 2004 and headquartered in India, RateGain today works with the top 23 out of 30 hotel chains, the top 25 out of 30 online travel agencies and all the top car rental companies, including 8 Global Fortune500 companies. RateGain is one of the world’s largest processors of electronic transactions and price points for the travel and hospitality industry and the largest software-as-a-service (“SaaS”) company in the hospitality and travel industry in India. It provides travel and hospitality solutions for a wide range of industries, including hotels, airlines, online travel agencies (“OTAs”), metasearch companies, vacation rentals, package providers, car rentals, rail companies, travel management companies, cruises and ferries.
Visit https://www.rategain.com for more information