MoneyWorks4Me

Royal Orchid Hotels collaborates with RateGain

11 Oct 2022 Evaluate

Royal Orchid Hotels has selected RateGain Travel Technologies (RateGain) to drive profitability & better connectivity with bundled solution offering from RateGain. As one of India’s fastest growing hospitality chains with a wide footprint catering to leisure and business travelers, the Royal Orchid group is looking to capitalize on the excellent growth recovery with a strong upcoming festival season in India and inflow of foreign tourists. Royal Orchid Hotels will be implementing RateGain's award-winning Rate Intelligence solutions bundled together with channel manager platform for reliable and improved connectivity to demand partners globally.

With a strong recovery in travel and the country reopening, short-term demand volatility continues to make it difficult for hotels to track market changes in real-time and identify opportunities to either maximize their margins during high-demand dates or manage the impact on bookings in case demand falls. Also, with new Online Travel Agents (OTAs) emerging globally and demand increasing across digital channels, hotel chains cannot afford to miss out on new demand emerging in different geographies across the world.

To counter these challenges and maximize revenue & occupancy opportunity, Royal Orchid Hotels has selected a bundled offering from RateGain, whose technology would provide them with real-time competitive pricing intelligence and improved connectivity to a wide network of OTAs globally. By leveraging the growing inter-operability of RateGain’s products, the Group was able to fulfil its requirements across Sales, Marketing & Distribution through a seamlessly integrated single platform.

Royal Orchid Hotels is one of India's fastest-growing hospitality brands.

Peers
Company Name CMP
The Indian Hotels Co 725.00
ITC Hotels 161.45
Mahindra Holi.&Resor 199.70
EIH 295.25
Chalet Hotels 888.05
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