RateGain Technologies, the market leader in data and intelligence solutions for travel and hospitality industries, today announced that it has been chosen by Allegiant Air, the Las Vegas-based low-cost carrier, for its real-time rate intelligence solution, AirGain, that leverages the power and potential of Big Data to offer crucial pricing insights and business (competitive) intelligence required to drive real-time pricing and revenue decisions. The collaboration would allow the airline to gain access to the most crucial and comprehensive data like competitor pricing, rate parity, segmented pricing etc, which would further help them develop an understanding of the real-time pricing patterns and trends existing in the industry at any given point of time.
Speaking on the occasion, Apurva Chamaria, Chief Revenue Officer, RateGain, said, “ Allegiant Air is a leading American airline, and we are delighted to be their price intelligence partner. They have been one of the most, forward-looking airlines in terms of digitalizing its operations and revenue functions. Our next-gen airline pricing tool, AirGain, would support the airline’s dynamic and price forecasting ability and efficiency required to achieve their revenue goals more effectively. We appreciate the confidence and trust that the airline has placed in our company and solutions, and it is truly an honor to extend our superior price intelligence technology to them.”
The integration with AirGain would also allow the airline to identify bigger data set business opportunities and also help them strengthen their existing analytical capabilities that are necessary for taking the core pricing decisions.
“We have been continuing to expand and grow our data intelligence capabilities in order to drive our revenue strategy with ever-higher accuracy levels,” said Scott Sheldon, Allegiant’s executive vice president, chief operating officer and chief financial officer. “We want to lead the industry, with a pricing strategy consistently offering the most competitive airfare to our customers. This is why we’ve partnered with RateGain – for the holistic market intelligence and new-age, technology-driven solutions for our industry. We look forward to their contributions.”
For more information please visit www.rategain.com
