RateGain Travel Technologies has introduced Demand Booster, an innovative end-to-end digital marketing solution designed to empower hoteliers to maximize direct bookings and improve return on ad spend (ROAS). Demand Booster is a comprehensive all-in-one solution that is designed to address these challenges. By integrating campaign management into a single user-friendly platform, offering seamless performance tracking and ensuring demand intelligence across 1100+ data sources, Demand Booster empowers hotels to focus on what matters: engaging guests and driving bookings. Powered by the world's largest data lake for travel pricing and intent data, Demand Booster integrated with RateGain's Hotel Commerce Cloud UNO allows hoteliers to target guests at each stage of the booking journey, from dreaming to conversion, driving greater engagement and revenue directly through hotel websites - all from a single platform. As part of UNO, Demand Booster makes it easy for hotels to manage their paid advertising efforts to drive direct bookings seamlessly across search, metasearch, and social media leveraging display and retargeting within a single solution helping deliver maximum returns. With an added feature of auto budget management, Demand booster will ensure that your direct bookings ROAS is always above your target. Powered by Capital Market - Live

RateGain Travel Technologies announced the appointment of Mukesh Kumar as its new General Counsel and Company Secretary, joining as Senior Vice President - Legal & Compliance. In this role, Mukesh will oversee and strengthen RateGain's legal and compliance framework, guiding the organization through evolving regulatory landscapes and supporting its ambitious global growth. Powered by Capital Market - Live

Net profit of Rategain Travel Technologies rose 73.80% to Rs 52.21 crore in the quarter ended September 2024 as against Rs 30.04 crore during the previous quarter ended September 2023. Sales rose 18.12% to Rs 277.26 crore in the quarter ended September 2024 as against Rs 234.72 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales277.26234.72 18 OPM %21.7219.78 - PBDT77.2149.71 55 PBT68.5039.28 74 NP52.2130.04 74 Powered by Capital Market - Live

Profit before tax stood at Rs 68.50 crore, climbing 74.39% from Rs 39.28 crore posted in the same period a year ago. EBITDA increased 29.73% year on year to Rs 60.22 crore in the quarter ended 30 September 2024. EBITDA margin improved to 21.7% in Q2 FY25 as compared to 19.8% registered in the similar quarter previous fiscal. The company said that it continues to focus on customer excellence and meeting this demand of the industry through strategic investments and partnerships contributing to a healthy pipeline of Rs 469.1 crore. The company posted an LTV-to-CAC ratio of 15.1x and Revenue per Employee of Rs 1.34 crore, reflecting high productivity. RateGain's Annual Recurring Revenue reached an all-time high of Rs 1,109.02 crore. Bhanu Chopra, founder and chairman, RateGain Travel Technologies, said, 'We continue to show resilience and consolidate our position as the leading technology partner for marquee brands, in an evolving market. Solutions that drive profitability and deliver better returns are a key priority for the industry and RateGain continues to be the preferred choice for industry leaders to achieve their goals. We are committed to deliver customer excellence and sharpen our focus on growth through product, GTM innovation as well as strategic partnerships that will yield results in the future and help RateGain gain a strong foothold in new markets.' Tanmaya Das, chief financial officer, RateGain Travel Technologies, said, ''We are pleased to report a healthy operating performance for Q2, marked by a steady well-rounded growth and robust operating margin expansion of 190 bps YoY. This demonstrates the strength of our SaaS based business model with its resilient and predictable revenue streams. We maintain a focus on operational excellence while investing strategically to drive sustainable value for our customers and stakeholders. This balanced approach enables us to deliver strong results and build a solid foundation for long-term success.' RateGain Travel Technologies is a global provider of SaaS solutions for travel and hospitality. It is one of the world's largest processors of electronic transactions, price points, and travel intent data helping revenue management, distribution and marketing teams across hotels, airlines, meta-search companies, package providers, car rentals, travel management companies, cruises and ferries drive better outcomes for their business.Powered by Capital Market - Live

Rategain Travel Techs. has revised the meeting of the Board of Directors which was scheduled to be held on 8 November 2024. The meeting will now be held on 11 November 2024.Powered by Capital Market - Live

RateGain Travel Technologies announced that Flight Centre Travel Group (FCTG), a global leader in leisure and corporate travel across 25+ countries, including Australia, New Zealand, the Americas, Europe, and Asia, has enhanced its competitive edge by adopting AirGain's advanced price intelligence solution. With the introduction of AirGain's Power Compare feature, FCTG can now efficiently compare airfares across OTAs, gaining actionable insights to boost profitability and strengthen market positioning. With AirGain's new Power Compare feature, FCTG efficiently compares airfares across OTAs, gaining insights to boost profitability. The AI-driven technology has improved decision-making and increased revenue, with 99.6% data sufficiency and 100% issue resolution through dedicated support. A new Gen-AI powered dashboard promises further innovation. Powered by Capital Market - Live

Rategain Travel Techs. will hold a meeting of the Board of Directors of the Company on 8 November 2024.Powered by Capital Market - Live

RateGain Travel Technologies announced a strategic technology integration with TCA Software Solutions, a leading provider of Property Management Systems (PMS) for the hospitality industry. This collaboration integrates TCA's flagship PMS, Inssit, with RateGain's advanced Channel Manager solution, bringing enhanced efficiency and revenue optimization to hoteliers in Latin America. Inssit PMS, a robust and secure software system, is designed to streamline hotel operations and elevate guest experiences. By integrating RateGain's cutting-edge channel manager, Latin American hotels can now benefit from a centralized platform that effortlessly connects their Inssit PMS with over 400 online booking channels, including major OTAs, metasearch engines, and their own websites. RateGain's channel manager is a leader in distribution, featuring scalable technology, advanced AI capabilities, and a reliable infrastructure. Hotels across Latin America, regardless of size, are leveraging this solution to drive bookings from new source markets. Built to generate more revenue with less effort, the channel manager is user-friendly, self-serve, and fully automated, saving valuable time on product creation, mapping, and distributing rates and inventory.Powered by Capital Market - Live

RateGain Travel Technologies (RateGain) announced today that FlyArystan, Kazakhstan's premier low-cost airline and a subsidiary of the Air Astana group, has extended its partnership with AirGain, RateGain's pricing solution for airlines, to gain real-time competitive insights. This continued partnership underscores FlyArystan's commitment to offering affordable fares and a seamless booking experience to passengers across Central Asia and beyond. By utilizing AirGain's advanced analytics platform, FlyArystan will continue to access real-time pricing data from over 300 airlines and 50+ OTAs. With a near-perfect data sufficiency rate of 98%, this partnership empowers FlyArystan to refine its dynamic pricing strategies and remain the top choice for budget-conscious travelers in its key markets. The extended collaboration will also focus on enhancing FlyArystan's ability to adapt swiftly to market trends and competitive pressures. By utilizing AirGain's advanced data analytics, FlyArystan aims to refine its pricing strategies and promotional offers, ensuring they align with the evolving needs of travelers while upholding its reputation for affordability. This proactive approach is set to reinforce FlyArystan 's leadership position in the low-cost airline sector and drive ongoing growth and innovation. As Central Asia's aviation sector expands rapidly, FlyArystan remains dedicated to offering affordable and reliable air travel across its extensive network. With AirGain's continued support, FlyArystan will leverage real-time competitive pricing insights to refine its strategies, respond swiftly to market changes, and deliver greater value to its passengers. Powered by Capital Market - Live

RateGain Travel Technologies  is now the focus of a compelling new case study developed by the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality (NYU SPS). Authored by Dr. Vanja Bogicevic, PhD, Director of the HI Hub Experiential Learning Lab at the Tisch Center, this case study is a great learning opportunity for students in hospitality, technology and marketing. The study offers a look into RateGain''s growth as a global technology player that has changed the way commercial teams in travel and hospitality acquire guests, retain them and drive wallet share expansion. It underscores key factors that have contributed to RateGain''s success, including: '' Innovative application of AI and machine learning to help the industry accelerate revenue growth while optimizing efficiency Focus on building and scaling technology solutions that address future challenges of the industry '' Proactively helping customers with free-to-use insights and helping them stay ahead of the market This case study by NYU SPS aims to stimulate classroom discussions and foster critical thinking among students about the effective management and adoption of technology in dynamic industries like travel and hospitality.Powered by Capital Market - Live