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Agoda Acknowledges RateGain as its Innovative Supplier Partner

Recognizes The Technology Solutions Company For Producing Outstanding Results and Exceeding Performance Expectations

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LONDON, United Kingdom - October 31, 2017 - RateGain Technologies, one of the leading hospitality and travel technology solutions companies, today announced that it has been recognized and certified by Agoda, a technology and customer focused online booking company, as one of its very few Innovative Supplier Partners. The certification acknowledges RateGain for its world-class technology, innovative advancements and excellent support and services which has aided the growth of the booking platform. The integration with RateGain’s efficient channel management solution, RezGain, has produced outstanding results for Agoda by exceeding its performance expectations over the period of time.

Commenting on the accolade, Mr. Bhanu Chopra, CEO, RateGain said, “We are proud to have been acknowledged by Agoda for our constant ground-breaking innovations. Achievement of this certification is both, a great honour and the beginning of a motivating journey for us. Over the last few years, our substantial investments in technology, systems and personnel have empowered us to offer technical excellence to all our partners, Agoda being one of them. We look forward to continuing our efforts and contributing towards the success of our mutual accommodation partners, and the hospitality industry at large.”

The integration with RezGain has helped drive productivity of all the accommodation partners connected with Agoda by enabling them to take complete control of their distribution strategy by facilitating an automated process of rates and inventory management.

According to Mr. Errol Cooke, Vice-President Global Partner Services at Agoda, “We are delighted to see RateGain becoming one of our Innovative Supplier Partners. Their advanced channel management solution definitely helps us drive business growth and innovation to exceed our mutual accommodation partners’ expectations. Their agile, flexible and accommodating capability, coupled with their team of experts, allows us to offer an outstanding experience in the ever-changing and highly competitive environment.”

Agoda’s certification program is an accreditation process that validates all its suppliers for their innovative abilities and offerings which have led to excellent delivery and performance.

About Agoda

Agoda is one of the world’s fastest-growing online hotel platforms. Today, Agoda offers hundreds of thousands of accommodation options around the globe with service and support in 38 languages ,with operations in Singapore, Bangkok, Kuala Lumpur, Tokyo, Sydney, Hong Kong, and Budapest, and an additional presence can be found in major cities across Africa, the Middle East, Europe, and the Americas.
For information, please visit https://www.agoda.com

About RateGain

Founded in 2004, RateGain is a leading provider of cloud-based innovative solutions for the Travel and Hospitality industry. RateGain’s flagship single technology platform to manage Revenue, Reputation and Online distribution is a one-stop shop for Hotels to increase revenue and profitability. With continued innovation and excellence in customer focus, the company proudly serves over 12,000 clients and numerous industry partners globally.

For more information, please visit www.rategain.com

Media Contact:
Aditi Bhandari
Manager –PR & Events
RateGain
aditi.bhandari@rategain.com
+91- 0120 497 5700
Skype: aditi.bhandari6
Twitter: @RateGain
Americas: +1 312 238 9880
Europe: +44 (0) 20 337 191 13
Asia: +91 120 4388300
www.rategain.com

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.