(1888PressRelease)
December 17, 2007 - Chicago, USA:
The most common and challenging question on each hotel contracting professional’s mind is:
•Is their negotiated hotel rate, better than their competitor’s?
•Is their travel portal, able to follow the "BEST PRICE GUARANTEE" on the website?
•Is their contracting-team fast enough to re-negotiate the rates according to market dynamics?
NetReports is a real time application that allows the hotel-contracting teams to track the rates of their products across different competitor websites and derive conclusions about their competitiveness in the market. This vital market intelligence provides the contracting team with ample ammunition to renegotiate their product rates with different suppliers.
High speed analysis is one of the most crucial components of the NetReports platform.
"Slicing and dicing of data in order to arrive at crucial decision making capabilities is the core strength of our application" said Bhanu Chopra, CEO RateGain. "We want travel companies to reach decisions fast and increase their revenues with the help of our reports" said Bhanu.
Everything about NetReports is according to a travel-website’s needs. "We understand that every travel company is unique in its needs, hence we are always eager to customize our application so that the data representation is on familiar grounds for our subscribers" said Siddhartha Kothari, Head of Market Intelligence RateGain. "We guarantee a return on investment of minimum 2000% to our subscribers" said Siddhartha.
At present the Top 50 Travel websites of the world are utilizing NetReports for crucial market intelligence data. For an online demonstration of the NetReports application; please call Siddhartha Kothari at +1 312 238 9027 or email at skothari ( @ ) rategain dot com
About RateGain: RateGain is a travel technology company developing various software applications for the hospitality and travel industry in the revenue management, internet marketing and inventory distribution segments. Its clients include top travel agencies, tour operators and wholesalers in Europe, Australia and the Americas. Over 4000 hotels including major hotel chains also utilize the software application for revenue distribution enhancements. For more information please visit www.rategain.com
