IDeaS Revenue Solutions, the leading provider of revenue management software, services and consulting, and RateGain, an award-winning hospitality and travel technology company, today announced the complete certified integration of RateGain's ChannelGain and PriceGain-Hotels solutions and the IDeaS Revenue Management System (RMS).

The integration offers joint clients, and future prospects, a seamless way to achieve rate optimization through multiple distribution channels. The first hotel to take advantage of the joint integration is the Grand Millennium, a world-class business and leisure property in Dubai.

The two-way integration has resulted in a multi-faceted solution. Integration with ChannelGain software allows users to work with the recommended rates from the IDeaS RMS and then swiftly push out the approved updates to different channels through a single interface. RateGain's PriceGain-Hotels is a comprehensive competitor rate shopping tool that will populate information into the IDeaS RMS – making the end rate recommendations more precise.

"Our goal is to provide our clients with technology that makes their jobs easier. The integration of our leading RMS with RateGain's products will result in our clients benefiting from the combined strengths of both these systems, freeing up their time to plan strategically and grow their business," said Linda Hatfield, Vice President of product management, IDeaS.

"IDeaS provides a market leading revenue management system and we are delighted they agreed to work with us on the integration," commented Vishal Jain, Vice President of product management, RateGain. He added, "We believe the present market requires fully integrated solutions that can provide hotels with the full spectrum of forecasting, pricing and distribution channel management functionalities".

About IDeaS

Founded in 1989, IDeaS Revenue Solutions - a SAS Company, offers industry-leading revenue management Software, Services, and Consulting to the hospitality industry. Headquartered in Minneapolis, IDeaS has technology, support, sales and distribution offices in North and South America, the United Kingdom, Europe, the Middle East, Australia and Asia. For more information, visit www.ideas.com.

About RateGain

RateGain Travel Technologies Limited is a global provider of SaaS solutions for travel and hospitality that works with 3100+ customers and 700+ partners in 100+ countries, helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.*

RateGain today is one of the world's largest processors of online hotel transactions. RateGain is also world's largest aggregators and processors of travel pricing data for the hospitality and travel industry and has one of the world's most comprehensive travel intent data. Founded in 2004 and headquartered in India, today RateGain works with the Top 23 of 30 Hotel Chains, the Top 25 of 30 Online Travel Agents, and all the top car rentals, including 8 Global Fortune 500 companies, in unlocking new revenue every day.* For more information, please visit www.rategain.com.

*
As of September 30, 2023.

Forward-Looking Statements
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential, and target dates for project-related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

Aliesha Shukla
+91-120-2587-749 (ex-109)

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