Rakuten Travel Xchange selects RateGain for Expanding Global Reach
DALLAS - RateGain Technologies, a global provider of SaaS solutions for travel and hospitality, today announced that Rakuten Travel Xchange (RTX), the global hotel connectivity and travel technology division within the Rakuten Group has chosen RateGain, to add to their extensive global supply including top hotel chains.
As the number of cases worldwide continues to plummet after the Omicron wave, travelers have a high intent to travel and Rakuten Group wants to ensure that travelers are able to make the right decision by getting a wide range of options on the platform as they make international travel plans for the first time in two years.
Commenting on this development, Anna Tsujihata, Head of Hotel Contracting & Connectivity, Rakuten Travel Xchange Pte. Ltd. said, "Our mission is to accelerate the global expansion of Rakuten's travel vertical, and we are seeking partners that can enhance direct relationships with accommodation partners to expand the distribution of our existing contracted inventory. We believe RateGain's vast network and similar global approach will help us to further expand our supply and demand partnerships by providing an easy and efficient entry to partners looking to work with Rakuten."
RateGain's Distribution platform is one of the largest network of hotel properties and demand partners like Rakuten in the world. Through this network, hotel properties and chains can get access to over 400+ channels including top-tier OTAs, meta-search engines and GDSs, and demand partners can get access to over 191,000+ properties.
Adding on top of Ms. Anna Tsujihata's comments, Kamesh Shukla, Executive Vice President - Asia Pacific, Middle East at RateGain, said, "We are in the most exciting phase of human evolution. Everything has been put back in order by the pandemic. Customer behavior has taken a massive shift. Companies like Rakuten Group, who are present at both extremes, have a clear advantage as they are looking to solve an the challenges of tomorrow with technology and we are proud to be part of that journey."
About Rakuten Travel Xchange
Rakuten Travel Xchange is the hotel connectivity and travel technology division within the Rakuten Group – a global group of e-commerce, fintech, digital, and communications service companies. Rakuten Travel Xchange acts as the bridge between accommodation partners and customers worldwide, distributing its global inventory and the directly negotiated rates of Rakuten Travel and Rakuten LIFULL STAY. We enable our clients globally to send their guests anywhere in the world – all delivered through the latest scalable cutting-edge technology.
About RateGain
RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for travel and hospitality that works with 3,200+ customers and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.
RateGain today is one of the world's largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business. Founded in 2004 and headquartered in India, today RateGain works with 26 of the Top 30 Hotel Chains, 25 of the Top 30 Online Travel Agents, 4 of the Top 5 Airlines, and all the top car rentals, including 16 Global Fortune 500 companies in unlocking new revenue every day. For more information, please visit www.rategain.com.