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RateGain Travel Technologies Ltd. ( (IN:RATEGAIN) ) just unveiled an update.
RateGain Travel Technologies Limited announced that Payless Costa Rica has successfully implemented its AI-driven platform, Rev-AI, to enhance revenue management operations. This deployment led to a 21.1% increase in bookings and a 16.5% revenue growth over four months. The platform automates daily rate updates, provides forward-looking demand visibility, and applies location-based pricing, enabling Payless Costa Rica to plan proactively and maintain competitive pricing. This strategic move positions Payless Costa Rica to respond swiftly to market changes and sustain profitable growth.
More about RateGain Travel Technologies Ltd.
RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for the travel and hospitality industry. The company collaborates with over 3,200 customers and 700 partners across more than 100 countries, aiding them in revenue generation through acquisition, retention, and wallet share expansion. Founded in 2004 and headquartered in India, RateGain is a major processor of electronic transactions, price points, and travel intent data, serving top hotel chains, online travel agents, airlines, and car rental companies worldwide.
Average Trading Volume: 53,250
Technical Sentiment Signal: Buy
Current Market Cap: 65.03B INR
Find detailed analytics on RATEGAIN stock on TipRanks’ Stock Analysis page.