Mergers & Acquisitions

RateGain enters into strategic global partnership with OYO

Opportunity India Desk
Opportunity India Desk Jun 07, 2019 - 1 min read
RateGain enters into strategic global partnership with OYO image
With this partnership, RateGain will extend its distribution platform RezGain to OYO.

RateGain has entered into a strategic global partnership with OYO Hotels & Homes, the world's 6th largest chain of hotels, homes, and living spaces.

With this partnership, RateGain will extend its distribution platform RezGain to OYO. RateGain will also enable OYO to leverage RezGain for making the OYO inventory available on over 700 OTA's across more than 80 countries.

The strategic partnership with RateGain will offer distribution to OYO to reach global and regional demand channels to spur its expansion.

Apurva Chamaria, Chief Revenue Officer, RateGain, said, “We are excited to work with the dynamic OYO Hotels & Homes teams and support their mission to increase occupancy and revenue by bringing quality living spaces to a billion plus people with our distribution platform. Hence, enabling their efforts to expand their network to new channels and marketplaces across the globe.”

“We are thrilled about partnering with another hospitality innovator to market test the next generation of distribution solutions, which will leverage Artificial Intelligence and Machine Learning to redefine what distribution looks like,” he added.

Abhinav Sinha, Global Chief Operating Officer, OYO Hotels & Homes, stated, “We are excited to have RateGain as our global distribution technology partner and to support us in our endeavors of reaching out to travelers across the world. We selected RateGain's distribution platform after evaluating multiple solutions because of their cutting-edge features offered and the comprehensiveness of the distribution capability.”

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