With this enhanced connectivity, RateGain’s channel manager is the first to have successfully connected to IDS Next on all parameters of distribution i.e.Availability, Rates and Inventory.

RateGain Technologies, the market leader in hotel channel and revenue management, today made a key announcement of its integration with IDS Next, a leading provider of ERP and technology solutions for the hospitality and leisure industry. This connectivity will enable RateGain to manage and distribute all three: Availability, Rate and Inventory for all its partner hotels. With this enhanced connectivity, RateGain’s channel manager is the first to have successfully connected to IDS Next on all the parameters of distribution.

The partnership would enable the hotels connected with RateGain and IDS to experience a more automated process of rates and inventory distribution. This would further drive higher levels of efficiency leading to revenue maximization for hotel partners. The upgrade would eliminate the need for any manual intervention, enabling RateGain to improve its distribution experience for all hotel partners.

Commenting on the news, Gaurav Singh, Vice President – Product, RateGain, said, “We are pleased to tie-up with IDS Next, a fast-paced, progressive industry player with robust technology offerings for the hospitality world. At RateGain, one of our key goals is to ensure our end customer is deriving maximum value out of our technology solutions. We strive hard for simplicity & high performance. With this integration, hotels will be able to distribute rates, inventory & availability in the most seamless & quick way with complete end to end automation via our channel manager RezGain. Looking forward to make our mutual customers happy.”

Speaks Binu Mathews, CEO of IDS Next, “RateGain is an established and one of the most trusted leaders in the industry for channel management and distribution. Working with them reinforces our commitment to offering the hotels a strong portfolio of powerful, new-age products and services to meet all their revenue and distribution needs. Our all-in-one hotel ERP application would ensure seamless distribution of rates and availability across multiple online platforms for our customers via RateGain. We look forward to a long and valuable partnership, one that is mutually beneficial.”

RateGain’s robust and superior channel management solution enables hotels worldwide to manage their online distribution in a smooth and effective manner.

About IDS Next:

IDS Next Business Solutions Pvt. Ltd is a globally leading hotel technology solutions provider with decades of unmatched domain expertise. Being pioneers in Hotel ERP architecture, the company’s forte lies in providing unparalleled technology solutions for hospitality properties across categories. With unrivalled domain expertise, its USP lies in creating solutions that help hotels increase revenues, optimize costs and above all provide enhanced guest experience.

IDS Next fully understands emerging markets, and its high growth needs. IDS Next’s offerings include integrated hotel management software, restaurant management software, mobile apps and mobile analytic solutions, etc.

IDS Next’s software and technology solutions have earned the trust of over 4500 plus hotels in 40 countries spread across South Asia, South-East Asia, Africa, Middle East, Oceania, Sri Lanka & Maldives. A truly dedicated 24/7 support centre ensures 98% retention of customers and unmatched customer satisfaction.

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.rategain.co.th

Media Contact:

RateGain:

Enzo Aita, Global Head – Hospitality Marketing

enzo.aita@rategain.com

Aditi Bhandari, Senior Manager Marketing

aditi.bhandari@rategain.com

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Forward Looking Statements

Certain statements in this release are forward-looking statements, which involve a number of 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.

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