Rategain is Chosen by Hyatt as One of Their Preferred Online Channel Management Vendors
August 16, 2013 - RateGain announces the latest achievement in shaping the revenue and distribution strategy for hotels worldwide as the company is chosen by Hyatt Hotels and Resorts as one of their preferred online hotel channel management vendor.
RateGain's channel manager, RezGain, will help Hyatt's hotels distribute efficiently on thousands of channels, including regional and global OTAs and social media, and provide yield management controls which optimize online revenue. RateGain developed the concept of pooled inventory to provide greater flexibility to hoteliers and its channel management solutions are used by more than 1700 hotels worldwide. RateGain's global scale and comprehensive support services are well positioned to meet Hyatt hotels' business needs.
Bhanu Chopra, Founder & CEO, RateGain said, “We are very pleased to announce the addition of another marquee client, Hyatt Hotels and Resorts. This cooperation validates the investments we have been making into our hotel revenue management technology to build a robust distribution platform that allows our Hotel Customers to tap into demand and maximize returns from regional OTAs as well as emerging platforms such as social media sites, private sale sites and mobile channels”.
He further added, “RateGain has built customer confidence through strong performance and reliability. The engagement with Hyatt represents another milestone in our goal of building the smartest OTA channel management technology to power the hospitality industry.”
About RateGain
RateGain is a leader in hospitality technology solutions for seamless electronic distribution (channel management), hotel revenue management decision support and brand engagement (reputation to revenue conversion) helping customers around the world to streamline their operations and sales. Since its inception in 2004, RateGain's expertise in innovating solutions for the dynamic hospitality ecosystem has resulted in continuous growth and an established position as a thought-leader and trendsetter in the marketplace. For more information, visit www.rategain.com
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
