RateGain Technologies | September 08, 2021
RateGain Technologies, a provider of SaaS solutions for travel and hospitality, announced the launch of MarketDRONE Narratives, an update to its real-time rate intelligence SaaS solution for hotels, OPTIMA. Through this update, RateGain aims to transform how revenue managers plan and tackle market volatility on an everyday basis.
On a daily basis revenue managers spend considerable time manually sourcing data and identifying critical insights that impact their market position. However, with increasing demand channels, last-minute travel plans, and the ongoing volatility, most revenue managers are pressed for time to get these insights on demand to mitigate inaccurate and incomplete analysis that drives revenue maximization.
MarketDRONE Narratives provides clear actionable insights, shared every time there is a change in the market, helping revenue and pricing managers know exactly how to position ones revenue strategies for the day to mitigate any loss of market share while increasing RevPAR. Revenue and pricing managers will now save critical time that was earlier spent in collating and analyzing data, allowing them to take the lead in attracting more guests and increasing revenue.
Narratives are generated based on change hints using a mix of distribution and market supply data combined with competitive rate shopping data across Hotels and OTAs. It generates personalized insights using all these data points with customized thresholds for each of the hotels that they can configure to get the most relevant insights for tailoring their strategies. RateGain developed these narratives by consulting our customers, industry experts to understand insights that are most vital to make better strategies.
Over the last few years, RateGain has focused on solving the problem of collecting and providing accurate real-time data for hoteliers through updates to OPTIMA such as pricing playground and lightning refresh. However, with the volatility introduced in pricing since the pandemic, hoteliers don't only need real-time data but also instant insights which are powered by Narratives.
Commenting on the launch, Harmeet Singh, CEO, RateGain, said, "As one of the largest aggregators of data in our industry, RateGain is committed to listening to our customers who have clearly stated the need to evolve rate intelligence solutions. MarketDRONE Narratives is a step in that direction where we continue to push innovation and help our customers move faster every day to unlock more revenue. We will continue to evolve and add more depth to this product such as providing insights on Parity and Events Intelligence to help our customers get all the insights they need instantly. "
RateGain is a global provider of SaaS solutions for the hospitality and travel industry, offering travel and hospitality solutions that unlock new revenue every day. We are one of the largest aggregators of data points in the world for the hospitality and travel industry.
Sabre | November 17, 2021
Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, announced a new distribution partnership with Calafia Airlines, a Mexican regional carrier, which will enable the airline to power future revenue growth while reaching new market segments.
Thanks to this multi-year agreement, Calafia will distribute its flights and services through the Sabre travel marketplace, ensuring that Sabre-connected agencies based in the U.S., Mexico, Canada, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and Argentina have access to the airline's content. The agreement will enable the delivery of relevant and meaningful content that helps connect travelers with experiences that matter in their lives.
"Travel is about bringing people together, fulfilling dreams, living new experiences, creating new memories and exploring the world, and we're thrilled to partner with Sabre so we can make that happen by ensuring our content is available to hundreds of thousands of travel agents and thousands of corporations across our key markets," said Luis Manuel Solís Ríos, Integration Manager, Calafia Airlines. "Having a robust platform for distribution is key to our future growth."
Founded in 1993, Calafia Airlines flies to several destinations within Mexico from its hub at the Cabo San Lucas International Airport.
"We are delighted to partner with Calafia Airlines, as this new agreement represents another strong endorsement of our investment in distribution, retailing and fulfillment at Sabre,Our distribution solutions connect travel suppliers with buyers around the globe, enabling our valued partner airlines to grow revenue and expand their reach as the travel industry focuses on post Covid-19 recovery."
-Ana María Escobar, Vice President, Airline Sales for Latin America and the Caribbean, Sabre Travel Solutions.
Sabre powers a constantly expanding marketplace of travel content, providing a broad choice for customers through its global distribution system (GDS), which presents a highly efficient way for airlines to market their fares and offers through a network of agencies and corporations across the world.
Sabre's robust travel platform and secure solutions provide the technology on which airlines, agencies and hoteliers rely. The company is committed to continue to accelerate innovation in the travel industry. Its multi-year tech transformation will provide the agility, scalability and stability needed to modernize the travel experience, another step toward Sabre's vision to create a new marketplace for personalized travel.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
Google | November 18, 2020
Travel innovation organizations are pushing for the European Commission to address Google's act of presenting its own administrations as a rule search.
In a letter to Margrethe Vestager, magistrate for rivalry, 130 organizations and 28 industry associations, over various areas, request that the Commission "enforce its 2017 abuse of dominance decision."
The letter says that Google doesn't contend reasonably in search and has not accomplished by "competing on the merit."
The letter proceeds to state that despite the fact that the impending recommendations on the guideline of computerized watchmen may support longer term, the Commission should act currently, utilizing the current system, to address the circumstance.
"Many of us may not have the strength and resources to wait until such regulation really takes effect."