Millennium & Copthorne Hotels Chooses RateGain's PriceGain Hotels Tool for its Pricing Research Requirements
MUMBAI, INDIA. - February 25, 2015. RateGain is pleased to announce that Millennium & Copthorne Hotels plc (M&C) has chosen its PriceGain Hotels tool to support M&C in achieving optimal transient room pricing in a fast-moving market. PriceGain Hotels compares prices from thousands of sources very quickly, enabling users to ensure that their own transient pricing is correctly positioned to achieve competitive strategic goals.
Nayan Peshkar, M&C's Vice President, Revenue Management & Ecommerce Europe, said, “Real time pricing is becoming an essential in effective revenue management. Having evaluated several different options to take us closer to our goals, we concluded that PriceGain Hotels came nearest to meeting all of our needs. It monitors an impressive range of channels, including hotel sites, OTAs, meta search sites and mobile apps, and is relatively easy to use.”
Bhanu Chopra, Founder & CEO, RateGain stated, “We are delighted to have this opportunity to work with M&C, one of the world's leading hoteliers. Even the best located hotels need the best and most up-to-date information. We are looking forward to helping M&C build further on its success in a super-competitive market.”
About Millennium & Copthorne Hotels
Millennium & Copthorne Hotels Plc is an owner-operator of high quality branded hotels in diverse locations attractive to business and leisure customers, with a particular focus on significant gateway cities and Asian emerging markets. The Hotel has properties in more than 60 destinations worldwide. For more information, please visit http://www.millenniumhotels.com/
About RateGain
RateGain is a leader in hospitality and travel technology solutions for revenue management decision support, rate intelligence, seamless electronic distribution and brand engagement, helping businesses around the world streamline their operations and sales. The company serves more than 5,500 customers, including independent hotels, chains and brands, as well as online travel agents, wholesalers, tour operators, car rental providers, airlines, cruise lines and other e-retail clients. Founded in 2004, RateGain is headquartered in Noida, India, with offices in Spain, the United Arab Emirates, the UK and the U.S. For more information, please visit www.rategain.com.
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