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Condor Ferries chooses RateGain for next-gen revenue management

FerryGainRateGain, the market leader in BI, distribution & revenue management, for travel & hospitality industry, today announced its strategic partnership with Condor Ferries, one of the leading operators of passenger &freight ferry services, to streamline & enhance their revenue management capabilities. The integration with FerryGain would allow the company to accurately forecast demand of their sailings, & receive effective price recommendations. This partnership is part of Condor’s digital strategy to improve customer experience &forecast demand.

Commenting on the partnership, Apurva Chamaria, Chief Revenue Officer, RateGain, said, “Condor Ferries is a forward-looking player & is investing in providing a seamless experience to its customers.  We are proud to collaborate with them and are confident that integrating with FerryGain would streamline & upscale their revenue management capabilities.”

The easy-to-use UI of FerryGain would facilitate Condor Ferries with strong analytics & Business Intelligence (BI) reports & would provide filters to choose sailing dates, vessels, etc. for forecasting & price recommendation.

Kerry Jalie, Condor Ferries’ Head of Change Management & Development, said “Condor’s pricing model is complex as it requires daily, weekly, monthly & seasonal variations in seat inventory along with historic data to allow for accurate forecasting & revenue optimisation.

We selected RateGain for their proven experience & expertise in the travel industry & are delighted to be the launch customer for their Product. We are  confident that our partnership will prove beneficial for Condor’s business.”

FerryGain is a new age revenue management tool designed specifically for the ferries, to provide them with accurate forecasting & pricing insights using advanced Machine Learning techniques.

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For more information, please visit www.rategain.com

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Tags: FerryGain, RateGain

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