RateGain Travel Technologies announced a strategic technology integration with TCA Software Solutions, a leading provider of Property Management Systems (PMS) for the hospitality industry. This collaboration integrates TCA's flagship PMS, Inssit, with RateGain's advanced Channel Manager solution, bringing enhanced efficiency and revenue optimization to hoteliers in Latin America. Inssit PMS, a robust and secure software system, is designed to streamline hotel operations and elevate guest experiences. By integrating RateGain's cutting-edge channel manager, Latin American hotels can now benefit from a centralized platform that effortlessly connects their Inssit PMS with over 400 online booking channels, including major OTAs, metasearch engines, and their own websites. RateGain's channel manager is a leader in distribution, featuring scalable technology, advanced AI capabilities, and a reliable infrastructure. Hotels across Latin America, regardless of size, are leveraging this solution to drive bookings from new source markets. Built to generate more revenue with less effort, the channel manager is user-friendly, self-serve, and fully automated, saving valuable time on product creation, mapping, and distributing rates and inventory.Powered by Capital Market - Live

RateGain Travel Technologies (RateGain) announced today that FlyArystan, Kazakhstan's premier low-cost airline and a subsidiary of the Air Astana group, has extended its partnership with AirGain, RateGain's pricing solution for airlines, to gain real-time competitive insights. This continued partnership underscores FlyArystan's commitment to offering affordable fares and a seamless booking experience to passengers across Central Asia and beyond. By utilizing AirGain's advanced analytics platform, FlyArystan will continue to access real-time pricing data from over 300 airlines and 50+ OTAs. With a near-perfect data sufficiency rate of 98%, this partnership empowers FlyArystan to refine its dynamic pricing strategies and remain the top choice for budget-conscious travelers in its key markets. The extended collaboration will also focus on enhancing FlyArystan's ability to adapt swiftly to market trends and competitive pressures. By utilizing AirGain's advanced data analytics, FlyArystan aims to refine its pricing strategies and promotional offers, ensuring they align with the evolving needs of travelers while upholding its reputation for affordability. This proactive approach is set to reinforce FlyArystan 's leadership position in the low-cost airline sector and drive ongoing growth and innovation. As Central Asia's aviation sector expands rapidly, FlyArystan remains dedicated to offering affordable and reliable air travel across its extensive network. With AirGain's continued support, FlyArystan will leverage real-time competitive pricing insights to refine its strategies, respond swiftly to market changes, and deliver greater value to its passengers. Powered by Capital Market - Live

RateGain Travel Technologies  is now the focus of a compelling new case study developed by the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality (NYU SPS). Authored by Dr. Vanja Bogicevic, PhD, Director of the HI Hub Experiential Learning Lab at the Tisch Center, this case study is a great learning opportunity for students in hospitality, technology and marketing. The study offers a look into RateGain''s growth as a global technology player that has changed the way commercial teams in travel and hospitality acquire guests, retain them and drive wallet share expansion. It underscores key factors that have contributed to RateGain''s success, including: '' Innovative application of AI and machine learning to help the industry accelerate revenue growth while optimizing efficiency Focus on building and scaling technology solutions that address future challenges of the industry '' Proactively helping customers with free-to-use insights and helping them stay ahead of the market This case study by NYU SPS aims to stimulate classroom discussions and foster critical thinking among students about the effective management and adoption of technology in dynamic industries like travel and hospitality.Powered by Capital Market - Live

RateGain Travel Technologies has been recognized as a Preferred Partner by Trip.com, one of the largest OTAs of the world. This recognition, awarded during Trip.com Group's Envision 2024 Global Partner Conference in Shanghai, is a testament to the strong relationship between the two companies. RateGain's decade-long collaboration with Trip.com is specifically designed to help hotels in Asia tap into new markets and attract emerging demand, a critical challenge hoteliers face today. This recognition places RateGain as the only technology provider to be acknowledged by the largest OTAs globally as a preferred partner, achieving the highest level of partnership across the board.Powered by Capital Market - Live

RateGain Travel Technologies announced today that TAAG Angola Airlines E.P., Africa's premier airline with 70 years of operation, has chosen AirGain, an airline revenue management product by RateGain, to gain real-time competitive insights. This partnership enables TAAG Airlines to make informed pricing decisions for both domestic and international markets. The partnership with RateGain is a strategic leap for TAAG Angola Airlines E.P., underlining its dedication to leveraging cutting-edge technology to enhance its market responsiveness. The decision to adopt AirGain was influenced by the product's superior real-time analytics and competitive intelligence capabilities. AirGain's advanced analytics provide an unparalleled depth of insight, allowing the airline to foresee market trends and adjust pricing strategies proactively. This partnership is particularly crucial as it equips TAAG with the agility to respond to the global aviation market's dynamic nature, especially post-pandemic. AirGain's data will facilitate TAAG's revenue team in monitoring and responding to market changes by tracking dynamic price fluctuations. The platform's capability to configure preset alerts based on relevant parameters ensures that TAAG will be among the first to be aware of significant market shifts, thereby maintaining a competitive edge. Powered by Capital Market - Live

RateGain Travel Technologies has allotted 17,880 equity shares under ESOP on 04 September 2024. With this allotment, the paid up equity share capital has increased to Rs. 117,935,611/- (117,935,611 equity shares of Re. 1/- each). Powered by Capital Market - Live

RateGain Travel Technologies (RateGain) has been honored as a Strategic Partner by the Agoda Connectivity Partner Program. This program acknowledges top connectivity providers, including channel managers and property management systems that maintain superior connection quality. As a Strategic Partner, RateGain is celebrated for its reliable connections, diverse technical solutions, and steadfast commitment to partnership values. RateGain's collaboration with Agoda began in 2009. Over the years, their partnership has focused on ensuring that partner properties benefit from the latest technology, enabling quicker and more effective decision-making. Through RateGain's channel manager, Agoda has been able to help accommodation partners save hours of effort by directly updating rate plans and content. Powered by Capital Market - Live

Rategain Travel Techs. announced that the Annual General Meeting (AGM) of the company will be held on 16 September 2024.Powered by Capital Market - Live

Thai Airways is the national flag carrier of Thailand and a proud member of the Star Alliance network. Operating from its central hub at Suvarnabhumi Airport in Bangkok, Thai Airways extends its reach globally, offering flights to a wide variety of destinations. It currently operates a fleet of 79 aircraft at the end of 2024 and planning to expand to 89 by 2025. In the first quarter of 2024, Thai and its subsidiaries reported total revenue of 45,955 million baht, a 10.7% increase from the 41,507 million baht recorded during the same period last year. This growth was primarily driven by a substantial increase in passenger revenue following the resumption of flight services and increased flight frequencies on preferred routes to Europe, Australia, and Japan. The collaboration between RateGain and Thai Airways is driven by the latter's focus on redefining pricing strategies across its comprehensive network, encompassing a wide array of domestic and international routes. Vinay Varma, senior vice president and general manager at AirGain, said: This alliance underscores the importance of building innovative pricing strategies by airlines, especially given Thailand's growing appeal as a premier tourist destination. The need for such airlines to remain at the forefront of pricing strategy to attract global travelers is more pressing than ever. We are delighted with the opportunity and eager to contribute to Thai Airways' journey towards pricing optimization and reinforcing its market leadership, ensuring it continues to meet the demands of international tourists and maintain its esteemed position. RateGain Travel Technologies is a global provider of SaaS solutions for travel and hospitality. It 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. The company had reported 82.2% surge in consolidated net profit to Rs 45.38 crore on 21.23% rise in revenue from operations to Rs 260.01 crore in Q1 FY25 over Q1 FY24. The scrip rose 0.36% to currently trade at Rs 723.45 on the BSE. Powered by Capital Market - Live

Net profit of Rategain Travel Technologies rose 82.18% to Rs 45.38 crore in the quarter ended June 2024 as against Rs 24.91 crore during the previous quarter ended June 2023. Sales rose 21.23% to Rs 260.01 crore in the quarter ended June 2024 as against Rs 214.48 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales260.01214.48 21 OPM %19.1417.62 - PBDT67.7343.44 56 PBT58.2432.11 81 NP45.3824.91 82 Powered by Capital Market - Live