The partnership will provide faster turn-around of competitive price intelligence providing global airlines with quick insights and forecasts
RateGain Technologies, the leading travel, and hospitality technology company today announced a strategic partnership with airRM, an Accelya Group Company and a global leader in airline revenue management solutions. With this partnership, RateGain data will seamlessly integrate with Accelya‘s airRM system.
The partnership is aimed to improve the speed to ingest, analyze and action the data for all forward-looking airlines that work with airRM.
Powered by a direct data feed from RateGain’s solution AirGain, this integration would eliminate any need for manual intervention, hence helping Airlines to process their data swiftly so that they can optimise their revenue decisions.
Commenting on the partnership, Apurva Chamaria, Chief Revenue Officer, RateGain, said, “airRM and RateGain both believe that access to accurate and real-time pricing data is a challenge for the airline industry today. With this partnership, both companies aim to solve the challenge by providing seamless integration and processing the real-time intelligence, for any airline that works with airRM.”
AirGain is an innovative SaaS-based airfare pricing intelligence product designed to enhance the revenue & operational efficiency of airlines. Airlines like Lufthansa, Singapore Airlines, Eurowings, Allegiant, Aeromar, Azul, Bangkok Airways Brussels Airlines and many more trust AirGain for their data intelligence.
Revenue Management Systems, an Accelya Group Company has been developing airline revenue management systems in cooperation with some of the most successful airlines in the world today. Their most popular product, airRM, is used by over 90 airlines including Ryanair, AirAsia, Royal Brunei, and Jetstar. RMS products help their users realize higher revenues and increased staff productivity. RMS, founded in 1996, was acquired by Mercator, a leading provider of software platforms and product-led solutions to the global travel, transportation, and logistics industry in April 2016. RMS is headquartered in Seattle, Washington (USA) with offices in Australia, Great Britain, The Netherlands, Spain, and Singapore. More information about airRM and RMS may be found at www.revenuemanagement.com
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.com
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. 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
Global Head – Marketing