RateGain selected by Rakuten Travel Xchange for expanding its global reach

15 Mar 2022 , 02:15 PM

RateGain Travel Technologies Ltd., today announced its collaboration with the Rakuten Travel Xchange (RTX) to extend its global supply including top hotel chains. This partnership induces to help Rakuten’s customers get wider and better access to properties worldwide and have more choices on the platform.

After a breather from the global coronavirus pandemic, travellers are excited to resume travelling and Rakuten Group wants to grab this opportunity to enable travellers to make the right decision by getting a wide range of options on the platform as they make international travel plans after a substantial gap of two years.

Rakuten aims to accelerate the global expansion of the company’s travel vertical and believes that this partnership can enhance direct relationships with accommodation partners to expand the company’s existing distribution of contracted inventory. RateGain’s vast network and similar global approach will help Rakuten to expand supply and demand partnerships further.

RateGain has one of the largest distribution networks of hotel properties and demand partners like Rakuten around the world. Through this network, hotel properties and chains have access to 400+ channels including top-tier OTAs, metasearch engines, and GDSs. Demand partners can have access to over +191000 properties in the company’s distribution network.

Rategain Travel Technologies Ltd is currently trading at Rs285.95 down by Rs7 or 2.39% from its previous closing of Rs292.95 on the BSE.