RateGain launches Smart Distribution platform for the hospitality sector
RateGain, a provider in hospitality and travel technology, unveiled a Smart Distribution solution during HEDNA, Madrid. This product is said to be designed to transform the hotel distribution technology and will provide hoteliers with the ability to discover and receive recommendation on new demand opportunities, auto contract with new channels, and set up content and automatically map product on new channels and solve for many other ailments, which traditionally have been issues with electronic distribution.
With hotel competition getting stiffer, ADR pressure, the rise of alternate accommodation and channel chaos, hotels are under the constant pressure of managing their availability and rates, competition, uncovering demand and distributing their inventory on the channels that are most profitable. By leveraging AI/ML technology, Smart Distribution enables hotels to understand and optimize source markets and channels, benchmark with similar hotels and automate and innovate in terms of self-service and advanced room mapping. This will free hoteliers to adopt a proactive operational strategy rather than being reactive and operate with a “test and see” model.
Channel Discovery: Discover new demand and source markets and seamlessly contract with new channels to unlock new revenue streams based on true market intelligence. Benchmark your KPIs like ADR, Room nights, LOS from transient business. Compare yourself to similar anonymized hotels and your performance last year based on aggregated data.
Auto-Mapping: Automatically map room and rate combinations for your property with mapping recommender and reduce time to market to fractions of the current time and effort.
As an end-to-end solution, Smart Distribution offers hoteliers the industry’s largest ecosystem of demand channels and enables hoteliers to make intelligent and informed distribution decisions with AI-powered recommendations based on their unique property. Going live on these channels and welcoming new guests have never been easier with drastically reduced contracting and implementation times. With 1,25,000+ properties on board and over 1,000 channels connected including OTAs, GDSs, Tour Operators and TMCs, RateGain is a leader in the hospitality distribution landscape. The distribution solutions consisting of RezGain channel management and DHISCO Switch enables the hospitality distribution across all continents from independent hotel groups to all major hotel chains.
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