HRS Selects RateGain as its Channel Management Partner for their newest connectivity platform

The enhanced connectivity and speed will also allow HRS’ hotel partners to manage category rates through the channel manager

New Delhi, India, April 12, 2018: RateGain Technologies, the market leader in channel & revenue management for hospitality, today announced that it has successfully upgraded its channel manager connectivity with HRS group, one of the biggest global hotel solutions provider headquartered in Germany. RateGain is the first partner to have successfully implemented  the latest version of the HRS connectivity.

This enhanced connectivity enables HRS’ hotel partners to update corporate rates via RezGain (RateGain’s channel manager) in a more efficient way. Additionally, the connected hotels now enjoy the highly increased speed of processing and delivering updates. This connectivity also allows hotels to manage category rates (like trade shows) separately for all their reservations.

Commenting on the news, Gaurav Singh, Vice President – Product, RateGain said, “We are pleased to announce the upgraded integration of our channel manager with one of the biggest global hotel solutions provider. With this new development, RezGain would ensure much faster updates to HRS & allow distribution of corporate rates. We strongly believe that quality of integration between Channel Manager & OTAs is an ongoing & ever improving process. Hence, we ensure we are always improving & rapidly adopting latest technologies. The two most important metrics that we continually target are high Quality & fast speed of updates.”

“We are very happy with the efficiency with which the RateGain team has undertaken the implementation”, says Ross Mantione, VP Global Partnerships, HRS Group. “The partnership between HRS and RateGain has grown tremendously during the past 2 years and we highly appreciate the excellent exchange and commitment towards bringing best solutions for our mutual hotel clients, especially when it comes to managing reservations and delivering additional value for HRS’ corporate customers.”

RateGain’s Channel Manager has been assisting hotels around 120+ countries with online distribution of 50,000+ rooms, 5 Million transactions and 636 Million yearly revenue.

About HRS Group

HRS simplifies business travel. Corporate travel managers and business travellers around the world trust HRS to find the best accommodation and simplify all processes related to their business travel. In addition to professional hotel sourcing and the negotiation of corporate rates with hotels, HRS optimises paperless payment of hotel accommodation and meetings

as well as automated invoice processing. Multinational corporations, business travelers and hotel partners benefit equally from the global network of the HRS Group. More than 3,000 multinational corporations rely on HRS Global Hotel Solutions. Customers include global players from the Fortune 500, including Google, Siemens, Alibaba, China Mobile and Volkswagen. HRS pursues clear goals: savings for companies and high traveller satisfaction. Founded in Cologne in 1972, HRS today has more than 1,500 employees in 34 offices worldwide, including London, New York, São Paulo, Shanghai, Singapore and Tokyo. For more information, please visit https://hotelpartner.hrs.com

About RateGain

RateGain is a leading provider of cloud-based innovative solutions for the Travel and Hospitality Industry. RateGain provides latest technology in rate intelligence, price optimization, seamless electronic distribution and brand engagement. Founded in 2004, RateGain has 12,000 clients around the globe including hotels, online travel agents, airlines, car rental companies, cruise liners as well as tour operators and wholesalers like IHG, Melia Hotels Intenational, Lufthansa, Expedia, Hertz Corporation, Priceline.com, Carnival Cruise, etc. Through our unwavering commitment to excellence and our guiding principles, we help hospitality and travel companies make more revenue every day.

For more information, visit www.rategaincomtr.wpengine.com

Media Contact:

RateGain:

Aditi Bhandari, Senior Manager Marketing

aditi.bhandari@rategain.com

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Forward Looking Statements

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