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RateGain integration with Cultuzz enables its hotels to generate bookings from eBay

Hoteliers can now significantly enhance their room yield (RevPAR) through the power of “Consumer Auctions” on eBay.

 
PRLog - Nov. 3, 2011 - NOIDA, India -- London, UK – 03 November, 2011 – RateGain’s online channel management solution – ChannelGain integrates with Cultbay, a solution used by thousands of hotel and travel suppliers to sell their products on eBay. CultBay, Cultuzz’s most globally respected solution for selling on eBay, is used by thousands of hotel and travel suppliers to sell their products on an 'Auction' or a 'Buy-it-now' basis.
Using its advanced features, hoteliers can place their rooms on auctions, assign a start price and sell it to the highest bidder. This enables hoteliers to leverage local events; festivals, celebrity shows etc. and offer their rooms on auctions, and optimise the opportunity of increasing their Revenue Per Available Room through higher yields.
Subscriber hotels of ChannelGain worldwide can now connect with Cultuzz through RateGain’s online channel management platform and start selling their rooms through eBay. In the recent times, eBay has emerged as one of the 15 most important online sales channels for hotel operators where hotels deals is being viewed by more than 275 million eBay users with an average of approx. 100 eBay users visit these offering.
Besides auctions, hoteliers can also leverage this platform to sell during low seasons and less occupancy. It’s “Buy It Now” feature helps hoteliers to off-load their inventory through flash sales. These offers are generally active for up to 30 days and allow buyers to obtain a product directly for a fixed price. Interestingly, hotel vouchers are paid in advance on eBay and are non-refundable.
Speaking about this partnership, Vishal Jain, Chief Products Officer, RateGain said, “CultBay is the only distribution solution certified by eBay and is currently being used by leading brands like Hilton, NH Hoteles, Marriott, Ramada, Millennium to name a few. This integration takes our endeavour to enable hoteliers to distribute their inventory on new-age channels to the next level. We can’t neglect the growing dominance of private sales, auctions and e-commerce sites and their contribution to online hotel bookings. We are proud to be a facilitator in this integration with Cultuzz that is re-defining the concept of hotel online distribution beyond OTAs”.
Ted Montreal, Director of Sales & Marketing, Cultuzz said, “Working with such a big player as RateGain has been an exciting experience. RateGain’s enthusiasm, professionalism and dedication are inspiring and we are looking forward to a long lasting working relationship with RateGain. The fruits of our joint efforts are the competitive advantages for thousands of hotels, which will be able to implement RateGain’s channel management solution to be bookable on eBay. Bookings will occur seamlessly; and, in addition, RateGain hotel customers will be able to expand their product portfolio to include the sale of hotel vouchers - products which are pre-paid and non-refundable. It’s a win-win situation for all!”

Please visit booth TT127 at WTM 2011, London for a live demo.

About Cultuzz
Cultuzz Digital Media GmbH is a leading provider of software, technology and content solutions to the travel and hospitality industry. Cultuzz has been working closely with eBay since 2002 and has played a major role in developing the travel category within the eBay market places. eBay is allowing Cultuzz to seamlessly integrate its checkout solution within the eBay purchase management framework. In fact, Cultuzz is the only provider worldwide able to display the current availabilities of a listing and enable direct booking from the hotel's inventory after the purchase. Thanks to Cultuzz, over 275 million registered eBayers can book hotel rooms directly on eBay. For more information, please visit http://www.cultuzz.com.

About RateGain
RateGain offers web-based solutions to leading online travel agents, airlines, wholesalers and hotels across 70 countries.  RateGain products for the travel industry have earned numerous awards for innovation.   The company is a leader in SaaS based solutions in channel management, online brand reputation management, competitive price intelligence, and social media marketing. Established in 2004, RateGain is headquartered in India with offices in the US, Thailand, Spain, Dubai and the UK. For more information, please visit www.rategain.com.

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RateGain is a Travel Technology Company offering innovative and value-driven e-business solutions to the hospitality and travel industry.

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Industry:Travel technology
Tags:rategain, ebay, cultuzz, hotel distribution, hotel auction, channelgain, Online Channel Management
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