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Rategain Travel Technologies Partners With Virgin Voyages To Revolutionise Cruise Data And Pricing Analytics!

Updated on: 28 Jun 2023, 6:12 pm IST
On Wednesday, shares of RateGain Travel Technologies surged 2.98%, reaching an intraday high of Rs 424 apiece on the BSE. The stock experienced a substantial increase in volume.
Rategain Travel Technologies Partners With Virgin Voyages To Revolutionise Cruise Data And Pricing Analytics!
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Recently, the company announced its selection by Virgin Voyages, a cruise line jointly owned by the Virgin Group and Bain Capital, to deliver comprehensive Cruise Rate Intelligence data. 

By deploying RateGain’s advanced data analytics and connectivity solutions, Virgin Voyages aims to redefine sea travel for modern travellers and strengthen its competitive edge. 

With the global cruise industry expected to recover and experience an increase in passenger numbers in the upcoming seasons, Virgin Voyages will implement RateGain’s acclaimed rate intelligence solutions. The primary objective is to capture and analyze competitive cruise data, enabling Virgin Voyages to stay ahead of market shifts and effectively seize growth opportunities. 

By leveraging RateGain’s unparalleled expertise and cutting-edge product designed specifically for the Cruise Data sector, Virgin Voyages will have access to real-time price intelligence solutions. This will enable them to align their pricing strategy with the latest market trends and competitor rates. Additionally, RateGain’s data analytics platform will empower Virgin Voyages to monitor rates across multiple channels, enhancing their global visibility and facilitating the delivery of unique booking experiences to their customers. 

In a recent development, the company also forged a partnership with Cem Air, a renowned regional airline in South Africa. Cem Air has chosen RateGain’s airline pricing solution, AirGain, to access real-time pricing insights from over 200+ sources. This collaboration empowers Cem Air to make precise and informed decisions based on accurate pricing data. 

RateGain Travel Technologies Limited is a global SaaS provider for the travel and hospitality industry. With 2800+ customers and 700+ partners in 100+ countries, RateGain helps businesses drive revenue growth through effective acquisition, retention, and expansion strategies. They are a leading processor of electronic transactions and travel data, assisting hotels, airlines, meta-search companies, car rentals, and more in achieving better outcomes for their businesses. 

The stock has witnessed significant buying activity as it has zoomed more than 40% in just 6 months. Keep a close eye on this trending stock.

Published on: Jun 28, 2023, 12:42 PM IST

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