RATEGAIN NSE filing

RateGain Partners with Cinko to Enhance Last-Minute Hotel Bookings

The RealCase readMedium impact Positive

RateGain has partnered with Cinko, a last-minute hotel booking app, to enhance its Enterprise Connectivity platform. This collaboration will expand Cinko's access to hotel inventory and help hotels monetize unsold rooms. The partnership aims to connect travelers with same-day booking options.

Why it matters

This strategic partnership is expected to enhance RateGain's service offerings and market reach within the travel and hospitality industry, potentially leading to increased revenue and client acquisition.

The market read

The partnership is positive as it expands RateGain's network, offers new monetization opportunities for hotels, and caters to the growing trend of last-minute bookings.

RateGain Travel Technologies Limited has signed Cinko, a last-minute hotel booking app developed by Remwes, LLC, as a new demand partner through its Enterprise Connectivity platform. This collaboration will allow Cinko to access RateGain's extensive global hotel supply network via scalable and reliable integrations, thereby broadening its hotel inventory and supporting its same-day booking offerings.

Cinko's product, TONIGHT, aims to connect travelers seeking same-day hotel stays with properties that have available last-minute inventory. For hotels partnered with RateGain, this integration provides an additional channel to reach travelers with immediate booking intent, creating more opportunities to monetize time-sensitive inventory.

RateGain's Enterprise Connectivity platform facilitates real-time connections between hotel suppliers and travel demand partners, enabling the exchange of critical data. Serge Couturiaux, Director of Cinko, stated that the partnership expands their access to hotel inventory, offering travelers better last-minute deals and helping hotels fill unsold rooms. Sanchit Garg, GM at RateGain, highlighted the importance of accessing demand at the right moment given the shift towards immediate traveler behavior, and how this partnership helps clients monetize time-sensitive inventory more effectively.

Filing to action

What to do with a filing like this

Rategain Travel Technologies Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Rategain Travel Technologies Limited. Read the original for the full detail.

View original filing