RateGain Travel Technologies Ltd has announced a strategic partnership with Cloudbeds, a leading hospitality management platform, to supercharge distribution and revenue management for hotels worldwide. The integration leverages RateGain’s AI-driven solutions with Cloudbeds’ robust property management system, aiming to streamline operations and unlock new revenue streams for hoteliers.
Key Highlights:
AI-Enhanced Distribution: The partnership will enable hotels using Cloudbeds to access RateGain’s advanced AI-powered distribution tools, optimizing pricing, inventory, and availability across hundreds of channels in real time. This integration is designed to reduce manual workload, minimize errors, and ensure rate parity, helping properties maximize occupancy and profitability.
Seamless Connectivity: By combining Cloudbeds’ user-friendly interface with RateGain’s deep channel management capabilities, hoteliers can now manage rates, reservations, and inventory from a single platform, eliminating the need for multiple systems and reducing operational complexity.
Global Reach: The collaboration supports over 3,200 RateGain customers and 700 partners in 100+ countries, connecting properties to a vast network of online travel agents, global distribution systems, and metasearch platforms.
Operational Efficiency: The integration promises faster ARI (Availability, Rates, Inventory) updates, up to 40% reduction in redundant data traffic, and improved rate parity, all of which are critical for maintaining a competitive edge in the hospitality sector.
Industry Impact: This move is part of Cloudbeds’ broader strategy to expand its ecosystem through partnerships with industry leaders like RateGain, Duetto, and STR, providing hoteliers with smarter tools for revenue management and guest experience.
Sources: RateGain Press Release, Cloudbeds Compass, NSE Corporate Announcements
Advertisement
Advertisement