RATEGAIN WORKS WITH TRAVEL COMPANIES TO OPTIMIZE THEIR REVENUE
WITH OUR CUTTING EDGE PRICE RECOMMENDATION PLATFORM
ACHIEVE A REVENUE UPLIFT UPTO 11%!
A US-based client wanted a pricing strategy for its packages (both flight and hotel room-night combinations) for their various brands
The customer shared its transaction data (historic and current, which was added every week). inventory data (both hotel and flight, in case of fixed inventories) for all of its brands
We used customer transaction data and competitor pricing data (different for different brands) to analyze demand, historical yield pattern and competitive bechmarking, separate models were developed for dynamic and fixed inventory packages
Final Price Recommendation for packages was made on the basis of scientific algorithms