RateGain Announces Launch of AirSight
Mumbai, February 14, 2019: RateGain
Technologies, the market leader in business intelligence and distribution
solutions for travel and hospitality, announced the launch of AirSight, the next generation solution for
airlines, allowing them to gain complete access to comprehensive historical
competitive intelligence for airlines. Historical data is essential for today’s
airlines to easily identify demand trends and get insights that are vital for
an effective go-to-market pricing strategy. Based on both real-time market
trends and validated by historical market data, Airlines can now improve time
to market and also take better decisions.
According to Apurva Chamaria, Chief Revenue Officer, RateGain, “Historical data serves as
a key input for airlines, as it helps them draw valuable insights essential
to make informed decisions and develop an effective revenue strategy for
themselves. We work with world’s fastest growing airlines and they have shown
keen interest in using historical data to drive more accuracy at every price
point, and as airlines look at growing in new sectors, historical data on
existing markets would help them drive efficiency allowing them to spend more
time in developing new markets”.
AirSight aggregates and offers extensive data
of airlines from across 19500+ airports and 1550+ websites, and presents them
in a user-friendly, easy-to-understand format, thereby lending airline revenue
managers a perfect view of the industry and its essential trends. Airlines will
employ this data in ancillary price optimization, expected marginal seat
revenue, fuel efficiency and most profitable routes. This data will also help
them align their operations effectively.
Apurva also said,
“At RateGain, our AIML data science and digital engineering teams are committed
to pre-empt and solve every problem that hinders the growth of airlines across
the world. RateGain’s ability to effectively handle big data and
next-generation machine learning capabilities makes it easier for revenue
managers to not worry about any technology and infrastructure issues at their
end and only focus on building and executing the right pricing strategy.”
AirGain launched in 2017,
is an innovative SaaS-based airfare pricing intelligence product designed to
enhance the revenue & operational efficiency of the fastest growing
airlines in the world and is trusted by forward-looking airlines like
Lufthansa, Singapore Airlines, Allegiant Air, Brussels Airlines, Bangkok
Airways, Indigo and many more.
About RateGain: RateGain is the #1 provider
of SaaS products, which help travel, and hospitality companies make more
revenue every day. RateGain offers products, which help with rate intelligence,
cognitive revenue management, smart e-distribution, and brand engagement.
RateGain is proud to support 500,000+ hotel properties globally impacting 13 Bn
$ revenue by providing 240 billion rate and availability updates & powering
over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs,
tour operators and wholesalers, 23 of the top 30 hotel chains, 7 out of the top
10 car rental companies, top 5 cruise lines, and many leading airlines
worldwide. In 2018, RateGain acquired DHISCO, which made it the only company in
the world to offer end-to-end smart distribution.www.rategain.com
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