RateGain, a global leader in AI-powered SaaS solutions for the travel and hospitality industry, today announced a strategic partnership with Kamat Hotels, a renowned hospitality chain with a strong presence in India. This collaboration will empower Kamat Hotels (India) Limited to significantly increase returns from direct bookings, improve brand visibility, and enhance the overall guest acquisition across 18 of its five-star luxurious Ecotels, Heritage Hotels and Leisure resorts.
With a legacy spanning over 85 years, Kamat Hotels (India) Limited stands as a testament to the enduring spirit of Indian hospitality. Also known as KHIL, the group has consistently redefined luxury and comfort, earning a reputation for setting up Asia's first ecotel hotel in the industry.
This partnership aims to elevate Kamat Hotels (India) Limited brand conversions and expand its digital footprint across India. RateGain's solutions, backed by forward-looking intelligence and scientific parity monitoring, will enable Kamat Hotels (India) Limited to deliver highly targeted marketing campaigns and thus, increase direct revenue, boost brand visibility in India and achieve a superior return on advertising spend (ROAS).
"Kamat Hotels (India) Limited is committed to providing exceptional guest experiences, and partnering with RateGain is a strategic step towards achieving this goal," said Aloy Lobo, Senior Marketing Head at Kamat Hotels (India) Limited. "We believe that RateGain's Demand Booster backed by a wealth of travel data and parity insights will be instrumental in driving direct bookings and strengthening our brand presence."
"We're confident our partnership with Kamat Hotels (India) Limited will drive significant growth in direct bookings," said Yogeesh Chandra, Chief Strategy Officer at RateGain. "UNO Demand Booster leverages RateGain's data lake and integrates with parity and content optimization tools to enhance conversions. Combined with precise targeting, automated bidding, and full-funnel coverage, we'll empower Kamat Hotels to outperform competitors and boost revenue."
In today's dynamic travel landscape, where competition extends beyond nearby hotels, digital guest acquisition is crucial. Kamat Hotels (India) Limited understands this and by partnering with RateGain, they're demonstrating their commitment to constant innovation.
UNO Demand Booster is reputed for driving direct customer acquisition and unifying distribution through automated bidding strategies and scientific parity monitoring, making it the ideal partner for Kamat Hotels (India) Limited. With access to cutting-edge technology and data-driven insights, Kamat Hotels (India) Limited will be well positioned to adapt to changing market trends and customer preferences, ensuring long-term success.
Shares of Kamat Hotels (I) Limited was last trading in BSE at Rs. 211.90 as compared to the previous close of Rs. 206.25. The total number of shares traded during the day was 3964 in over 255 trades.
The stock hit an intraday high of Rs. 215.45 and intraday low of 205.00. The net turnover during the day was Rs. 833456.00.
Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 689.60 as compared to the previous close of Rs. 703.65. The total number of shares traded during the day was 18143 in over 964 trades.
The stock hit an intraday high of Rs. 729.90 and intraday low of 683.05. The net turnover during the day was Rs. 12799295.00. |
