In today’s world, every guest needs a unique and special experience and wants to break away from traditional travel journeys. This has introduced the rise of alternate accommodation providers, new-age channels, and increased competition in the hotel industry. To survive in this competitive market, hotel owners need to know the market and its demand in a better way. Hotel operators should be able to take well-aware decisions and deploy their strategy faster while providing exceptional experience to generate positive reviews.
Keeping the above challenges in mind, channel management software has been developed during recent years to improve the operation of hotels’ reservation department and accelerate its presence in the online world. A hotel channel management software is a system that updates the hotel availability and rates directly to major OTAs and retrieves reservations according to that — making it an easy task for the hotel to offer its rooms online, avoiding rate parity issues, and overbooking.
How does RezGain (The hotel channel management software) work?
RateGain’s channel manager RezGain is an automated channel management platform which not only helps distribute with speed and efficiency but also maximizes revenue. It is a one stop solution for online distribution providing largest connectivity covering big & long tail channels across the world with end-to-end two way integration with PMS / CRS/ RMS/ Tour Operators/ GDS/ BedBanks/ Wholesalers & OTAs.
Our intuitive easy to use interface helps you get insights on historical data and take critical decisions, speeds you up to market by much faster updates, open and closes channel in response to market needs, automatically control room and rate inventory.
We have been connecting demand partners to the supply partners for more than a decade now and on an annual average we process 4+ billion ARI volume and 30 million reservations amounting to USD 3+ trillion worth for the suppliers. Maximize your visibility on global and local OTAs to ensure you attract travelers no matter where they’re shopping.
Key Features:
- Two-way channel connections: Faster Response to market needs, Accurate and automatic updates, Reservation delivery to PMS
- Common pool inventory: Share inventory across channels, Real-time updates as inventory is sold,
- Automated yielding rules: Helps you configure appropriate rules basis occupancy, closeouts, etc. to maximize revenue
- Automated currency conversion: Faster response to exchange rate fluctuations, Improved rate accuracy
- Promotion Management: Maximize visibility of website promotions, Boost business during soft demand periods, Take advantage of OTA opportunities, Check Key performance indicators such as ADR, Room Nights, LOS and Revenue
- Productivity Reporting: Measure success effectively
- Enterprise Analytics reports & dashboards: Helps you understand your channel productivity, Length of stay from each channel, booking window / pace for each channel on just a click of a button
- Stop Sell: Quick “Stop Sell’ option helps you avoid overbooking
With industry leading capabilities we are proud to announce an innovation in the distribution space “Smart Distribution” which helps you streamline and expedite your end-to-end distribution process.
It is a revolution in the Distribution history as it will enable users with New Demand Discovery, Expedited Contracting, Expedited Channel Setup, Expedited Mapping of room rates.
