RateGain Chosen by Mexico’s Main Lodge Chain Grupo Posadas to Bolster Restoration in Latin America

Dallas, June 23, 2022: RateGain Journey Applied sciences Restricted (RateGain), a world SaaS firm for journey and hospitality, has introduced at this time that it has been chosen by Posadas to drive profitability and restoration within the Latin America markets.

As Mexico’s largest and most internationally famend hotelier established 4 many years in the past with a powerful historical past of enterprise development and model growth, the corporate is poised for a wonderful development restoration as journey demand rebounds in Latin America and vacationers alike flock to Mexico as an alluring journey and trip locations.

Posadas shall be implementing RateGain’s award-winning BI options bundled along with real-time fee pricing intelligence, parity monitoring and journey packages intelligence.

As journey recovers and reopens throughout Latin America, short-term demand volatility continues to make it tough for resorts to trace market adjustments in real-time and determine alternatives to both maximize their margins throughout high-demand dates or cut back the affect on bookings in case demand falls.

The continuing volatility additionally makes it arduous for resorts to handle their costs throughout completely different channels and frequent adjustments in charges have a tendency to extend situations of disparity, which additional can affect income and profitability.

To counter these challenges and maximize income alternative, Grupo Posadas chosen RateGain, whose know-how would offer them with real-time aggressive intelligence and actionable insights to react quicker to sudden market adjustments. RateGain’s Actual-time Price Intelligence Resolution – OPTIMA will assist Grupo Posadas optimize their pricing technique in accordance with the present market tendencies and competitor charges. Via an easy-to-use platform, Optima customers can observe charges throughout a number of channels – Cellular, Meta, Member & Market (Geographic level of sale).

By being agile & proactive and utilizing information to drive their pricing technique, Posadas can anticipate to speed up RevPAR.

RateGain’s Parity+, with its in-built workflows and automation, helps to trace pricing throughout completely different demand companions and channels. It would guarantee Posadas has the suitable costs throughout channels thereby controlling income leakage. As well as, by way of the take a look at reservations service, RateGain affords an answer to proactively determine defaulters violating the Price Parity and supplies help to right the violations immediately.

José Lorenzo, (SVP of Income Administration, Distribution and IT) stated: “We’re all the time searching for revolutionary options to provide our resort portfolio a singular aggressive benefit together with larger ranges of automation to scale back guide duties and workloads. The extension of our partnership with RateGain displays our dedication to allow best-in-class income administration options for at this time’s market. The present volatility in shopper demand and pricing has made it growing difficult for hoteliers to take care of resort fee integrity and apply historic greatest practices, highlighting a necessity for superior forward-looking instruments to help income restoration. The enterprise intelligence instruments from RateGain ship easy-to-use ahead demand monitoring and aggressive intelligence to our resorts in Mexico enabling them a clearer view of the trail in direction of income restoration and past.”

Commenting on the partnership, Chinmai Sharma, President – ​​Americas, RateGain, stated, “We’re delighted to ship Grupo Posadas with smarter income insights that may assist speed up additional enterprise development. Mexico is the quickest recovering market in all Latin America and actionable information can carry an actual industrial benefit to our companions within the area. It’s a privilege to help Grupo Posada’s resort portfolio by way of the present restoration and past.”

About Posadas

Posadas is the main resort operator in Mexico and owns, leases, franchises and manages 185 resorts and greater than 28,500 rooms in an important and visited city and coastal locations in Mexico. City resorts characterize 85% of whole rooms and coastal resorts characterize 15%. Posadas has traded on the Mexican Inventory Change since 1992. For extra info, please go to https://www.posadas.com/

About RateGain

RateGain Journey Applied sciences Restricted is a world supplier of SaaS options for journey and hospitality that works with over 2200+ clients in over 100+ nations serving to them speed up income era by way of acquisition, retention, and pockets share growth. Based in 2004 and headquartered in India, at this time RateGain works with High 23 of 30 Lodge Chains, High 25 of 30 On-line Journey Brokers and all the highest automobile leases together with 8 International Fortune500 firms.. For extra info, please go to https://www .rategain.com

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