With this new update, Airline revenue managers will save time and take instant action on the most critical market changes that affect revenue.
RateGain Technologies, one of the leading travel and hospitality SaaS company’s, today announced the launch of Market Sense, as an update to its real-time airline pricing intelligence solution, AirGain. The new update is in line with RateGain’s product vision for AirGain to help airline revenue managers gain more control, get real-time actionable insights and improve time to market to maximize revenue every day.
Market Sense, a customizable and easy to use feature allows airline revenue managers to configure specific business rules based on departure dates, channels, fare, routes, return parameters and more such options on their own. Market Sense also helps them identify all violations that need attention as per the set rules.
As air travel continues to grow and more travelers get added every year, airlines can now finally stop delving in the deluge of data of analyzing millions of data points every day and get empowered to simplify their decision-making process with Market Sense.
According to Apurva Chamaria, Chief Revenue Officer, RateGain, “ In our conversations with airline revenue managers, we have always heard one problem consistently that airline revenue managers are stuck in a vicious cycle. They need more data every day and at the same time need to make faster decisions, increasing pressure on them to make up for all lost revenue optimization opportunities. Market Sense is a game changer that simplifies the entire process and helps save time by giving them precise inputs to action and optimize revenue every day.” AirGain launched in 2017, is an innovative SaaS-based airfare pricing intelligence product designed to enhance the revenue & operational efficiency of the airlines and is trusted by forward-looking airlines like Lufthansa, Singapore Airlines, Allegiant Air, Brussels Airlines, Bangkok Airways, Indigo and many more.
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 500,000+ hotel properties globally impacting 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.
For more information, visit www.rategain.it
RateGain Media Contact:
Aditi Bhandari, Senior Manager Marketing
aditi.bhandari@rategain.it
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.
