RateGain Travel Technologies is currently trading at Rs. 347.40, up by 2.45 points or 0.71% from its previous closing of Rs. 344.95 on the BSE.
The scrip opened at Rs. 340.05 and has touched a high and low of Rs. 367.25 and Rs. 340.05 respectively. So far 105448 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 417.90 on 07-Apr-2022 and a 52 week low of Rs. 236.05 on 30-Jun-2022.
Last one week high and low of the scrip stood at Rs. 383.75 and Rs. 340.05 respectively. The current market cap of the company is Rs. 3950.66 crore.
The promoters holding in the company stood at 55.79%, while Institutions and Non-Institutions held 18.19% and 26.02% respectively.
HotelKey has collaborated with RateGain Travel Technologies (RateGain) a global provider of SaaS solutions for travel and hospitality, to integrate RateGain’s global distribution, central reservations, and pricing capabilities into HotelKey’s PMS platform. The integration will roll out across HotelKey’s portfolio of more than 4,000 properties, with hundreds of properties already accessing the combined capabilities.
Through the collaboration, hotels on the HotelKey platform will see RateGain’s pricing and distribution tools on the HotelKey platform. This will enable hoteliers to save time and achieve efficiencies, making better distribution decisions faster and, ultimately, saving money as well as building revenue. Along with other benefits, HotelKey and RateGain’s mobile-first API integration provides hoteliers with a seamless transition to the new offering, with each property gaining access to real-time inventory management and efficient oversight of third-party distribution and price parity across channels.
RateGain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.
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