Case Study: Learn how RateGain customized its rate shopping solution with in-depth categorization for one of the world’s leading wholesalers of hotel accommodation
One of the world’s leading travel wholesaler had been an advanced user of competitive pricing intelligence solutions.
After using several solutions, they realized that besides the usual pricing data, they needed more detailed data components and both coarse & fine matching of their product vs. the competition’s product for them to be able to do an apple-to-apple comparison.
They also required insightful market intelligence about missing inventory. Learn how RateGain customized its rate shopping solution with in-depth categorization.
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Case Study: Learn how RateGain customized its rate shopping solution with in-depth categorization for one of the world’s leading wholesalers of hotel accommodation
1. CONCERNS
One of the world’s leading travel wholesalers had been an advanced user of competitive pricing intelligence solutions. After using
several solutions, they realized that none of the existing solutions were customized to their niche requirements. They were quite
clear on what they needed:
• Besides the data, more detailed data components and both coarse & fine matching of their product vs. the competition’s
product for them to be able to do an apple-to-apple comparison
• Insightful market intelligence about missing inventory
RateGain approached the travel company with a proposal to offer a customized solution specifically crafted for their business
needs.
REQUIREMENTS
• Room rates for each room of each hotel on any given date
• Continuous data feed for room types mapped using different parameters such as Board Type, Advance Purchase,
Cancellation, Refundable / Non-Refundable, Names of rooms etc.
• Adaptive to the frequently changing nomenclatures which is otherwise difficult to track
SOLUTION
RateGain developed a specially customized technology to map all room types across all hotels:
• Not just the categories of hotel rooms but also their sub categories are mapped which resulted in apple to apple
comparison of prices of hotels
• Reports that can allow analysis on depth of inventory per star rating/area within the destination/price bands/review
ratings/accommodation- type/brands etc.
CASE STUDY
Client: One of the world’s leading wholesalers of hotel
accommodation and ground travel products for travel
suppliers & sellers around the globe.
Relationship started in Apr 2010 with tracking
requirement of 4000 hotels
After one year, 10,000 hotels+ are tracked
Reports frequency: daily
Quantity: More than 15 million price points being
delivered in every quarter
For more information on competitive price intelligence solutions, please visit www.rategain.com (c) RateGain.com