Rydges Hotels and Resorts chooses RateGain’s Price Intelligence tool to optimize on their pricing strategy by analyzing the rate trend on real time basis. PriceGain Hotels is a comprehensive and intuitive rate intelligence tool which lets hoteliers rework their pricing strategy. As a rate intelligence tool, PriceGain Hotel provides you with a range of critical information like transient rates, competition rates, various pricing segments, rate combinations etc. The tool compares the real time rates from million data sources and presents it in an easy comprehensible dashboard that supports the management to work on their transient pricing decisions.
The Group Director of Revenue Management Rydges Hotels & Resorts’ said “The biggest challenges prior to using RateGain solution were with the shopping report accuracy, relevant like for like comparison of rate offers and room types, as well as real time visibility across multiple channels. PriceGain provides us with a dynamic scrape of pricing comparison by inclusion room type, rate type in desired denomination to give us a well rounded understanding of our pricing in the market.The tool’s ability to review the data from a high level of how the competitor rates are shifting over a period, to the granular detail of daily movement ,by hotel and by channel is seamless”
Speaking on the occasion, Yogeesh Chandra,EVP- Hospitality, commented “We are glad to extend our services to Rydges Hotels and Resorts, one of the most reputed and finest hotels of Australia. The hospitality space is very competitive and the product perishable, hence the hoteliers need to monitor and align their strategy basis the market movement and compression.PGH is one of our best performing product, tried, tested and recommended by the hotel giants across “
About Rydges Hotels and Resorts:
Rydges is a well known family of hotels and resorts of Australia. They combine a modern and genuine approach to service and empower people to make your stay relaxed and comfortable. From a bustling urban city like Sydney, Melbourne and Auckland to busy business centers like Parramatta and Gladstone or relaxed coastal towns like Cairns and Port Macquarie; they offer great value accommodation with over 40 locations across Australia and New Zealand as well as having a boutique hotel in London.