Chic and Basic Born based in Barcelona, has selected RezGain for managing their rate and inventory across global third party distribution channels.

RezGain enables the revenue management team to increase their online revenue by ensuring real-time room and rate availability across all distribution channels through automatic allocation from pooled inventory.RezGain's sophisticated yield management capabilities are particularly suited to the needs of apartment providers, offering flexible rate and availability controls.

"Our main objective of opting for RezGain was to achieve rate parity and significantly connecting to a higher number of important channels, managing them from one user- friendly interface and automating and streamlining our distribution process. We also look forward to optimize our revenue and save a lot of manual effort via RezGain", said Stephan Hansmann
,
Director, Chic and Basic Born.

Nicolò Rolle, Director of Sales Southern Europe, RateGain
commented on this association, "
An effective channel manager is fundamental to a hotel's success. With rate parity& inventory distribution becoming a big problem for hotels, RezGain comes as a savior. It is indeed a pleasure to have this association with Chic & Basic Hotel. This recommendation further highlights the industry acknowledgement of RateGain products and the trust and goodwill we have established among the hotel community in Spain".

"We at RateGain always try to understand customers' needs and expectations and deliver solutions based on their needs for the changing times. RezGain, the next gen channel manager from RateGain automates yield management, allowing hotels and apartments to yield based on booking window / occupancy / rate category and distribution costs",
said Vishal Jain, CPO, RateGain.

About RateGain

RateGain is a leader in hospitality technology solutions for seamless electronic distribution (channel management), revenue management decision support and brand engagement (reputation to revenue conversion) helping customers around the world to streamline their operations and sales. Since its inception in 2004, RateGain's expertise in innovating solutions for the dynamic hospitality ecosystem has resulted in continuous growth and an established position as a thought-leader and trendsetter in the marketplace. For more information, visit www.rategain.com

About Chic and Basic Born

A top designed hotel, Chic & Basic Born Hotel Barcelona welcomes guests for a pleasant stay in Barcelona. Located in the heart of El Born, considered as the coolest quarter of Barcelona, Chic & Basic Born Hotel provides easy access to Parc de la Ciutadella, which houses a zoo, large fountain and several museums.
This property offers 31 spacious accommodation units. Guests of Chic & Basic Born Hotel in Barcelona can enjoy small snacks and various cocktails served at the meeting point. Chic & Basic Born Hotel Barcelona offers access to faxing and Internet services for guests' business requirements. For more information visit www.www.chicandbasic.com