admin RateGain Travel Technologies saw a prominent rise of 3.04% to Rs 376.15 after the company was selected by Caesars Entertainment for providing rate intelligence in real time.
RateGain Travel Technologies is engaged in a variety of fields. They offer travel and hospitality solutions for hotels, airlines and online travel agents (OTAs). Vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries are also some areas where RateGain are renowned.
The rate intelligence that was finalized in the deal is crucial for Caesars as it will ultimately bolster their hotel performance, profitability and revenue per available room (RevPAR). RateGain’s products ‘OPTIMA’, ‘PARITY+’, and ‘closed loop rate parity’ are all part of the deal. These will be implemented across 50 plus properties all over the United States.
The largest casino-entertainment company in the US, Caesars Entertainment is also one of the world’s most diversified providers of casino-entertainment. Chinmai Sharma, president (Americas) at RateGain praised Caesars Entertainment as a leader in identifying trends in the market and embracing them to enhance their guests’ experience across all aspects.
Chinmai Sharma is particularly delighted that Caesars Entertainment chose RateGain to improve their pricing efficiency and margins in the new normal. “Furnishing the right price for each property across all channels is a major part of the guests’ experience.”
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