Cinnamon Hotels & Resorts Teams up with RateGain for Its Rate Intelligence and Channel Management

RateGain Revenue Optimization Products will Enable the Hospitality Industry to Increase Its Revenue Multi-fold.

. November 05, 2015

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MUMBAI, INDIA. - November 4, 2015 - Cinnamon Hotels & Resorts, a prestigious chain of distinct hotels and resorts in Sri Lanka and the Maldives, recently announced it has selected RateGain's leading products; PriceGain and RezGain to take its price intelligence and channel management to the next level for their Sri Lanka Resorts sector. It plans to implement a healthy balanced pricing strategy to maximize its revenues in real-time and maintain a competitive edge.

The hospitality-lifestyle brand caters to thousands of customers every year from around the world and has set aggressive business goals, including increasing asset value and profitability for its franchises.

RateGain helps Cinnamon Hotels compare constant tactical pricing trends at a very granular level via PriceGain, its comprehensive rate intelligence tool. PriceGain's real time report generation quickly gathers intelligence on up-to date transient rates and optimize them to fit into Cinnamon's competitive set. RateGain further distributes these optimized prices on multiple OTAs and eases the task of creating promotions and discounts across social media with the help of its channel manager, RezGain.

Kamesh Shukla, S.V.P. Sales at RateGain commented “Sri Lanka is a growing online travel market and we are excited to get into an agreement with Cinnamon Hotels and Resorts. RateGain has been successful in providing its customers with simplified, accurate, and comprehensive data expeditiously. Our ability to monitor pricing from thousands of channels including hotel brand sites, OTAs and metasearch sites in real-time empowers the hotels.”

About Cinnamon Hotels & Resorts

Cinnamon Hotels & Resorts is a distinct and diverse chain of hotels and resorts in Sri Lanka and Maldives. Launched in 2005, the chain currently comprises of fourteen properties, which includes three city properties in Colombo, eight resorts around Sri Lanka and three resorts in the Maldives. The chain bestows legendary Sri Lankan hospitality through comfort, creativity, discovery and inspired living.

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.

Media Contact:
Vikram Bahl
RateGain
[email protected]
+91 120 4975700 extn 271
Skype: vikrambahl
Twitter: @RateGain
Americas: +1 312 238 9880
Europe: +44 (0) 20 337 191 13
Asia: +91 120 4388300
www.rategain.com

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