RateGain Technologies Limited · 24 Jun
In the past, exploring opportunities in new source markets and demand channels came with both risk and time-consuming implementations on the part of the hotelier. To start, the exploration in itself was challenging and often left to vague promises and hope. It was hard to know what channels were producing, what the real target audience was, and what their buying power was. In simple words, "is this audience a good fit for my hotel, and will the revenue generated be worth the investment in time?"
RateGain Technologies Limited · 2 Jun
There was a time when "travel accommodation" and "hotel" were virtually interchangeable. Sure, there were vacation rentals, but at a smaller scale and not readily available on the major travel booking platforms. With the rise of Airbnb and other alternative accommodation platforms, this is no longer true. There is now a myriad of options available to travelers wishing to explore the world.
RateGain Technologies Limited · 19 May
The travel industry has come to a halt with the COVID-19 virus causing a third of the world's population to stay home and forcing the majority of the world to practice social distancing. The virus is (hopefully) a short-term threat to what has been a vibrant and growing industry over the last decade. But the virus is far from the only invisible threat to the travel industry. There are several long-term key threats to both travelers and travel providers related to technology. The technology story of the last decade in travel is one of fragmentation and consolidation.
RateGain Technologies Limited · 27 Mar
Resilience is the watchword during a sharp downturn. Companies that skillfully navigate these choppy waters will have one feature in common: they will have prepared today to build resilience tomorrow, no matter which way the economic winds blow. And sometimes, those winds blow more fiercely than others.
RateGain Technologies Limited · 18 Mar
The novel coronavirus has impacted the global world community in unprecedented ways. The hospitality and travel industry have perhaps been the most hard-hit than others. Hourly workers are the heartbeat of hospitality and potentially facing devastating hardships. Decisions on whether to stay home with their kids who are out of school or go to work, health concerns, drop in pay because of cutting back of hours and in general not having a security net.