Lisbon, Portugal: RateGain Technologies, a leading global travel technology company has announced a new partnership in Portugal under the banner RateGain Portugal. For this first-of-its-kind initiative, RateGain Technologies has joined hands with a local partner to cater to the local market. With this new development, RateGain Portugal establishes itself as a SaaS product company in the region. RateGain is already the industry leader in hospitality and travel technology, with over 12000 clients across the globe.

All the operations and sales undertakings of RateGain Portugal are being fronted by Miguel Velez, Chief Executive Officer of the new banner RateGain Portugal. Miguel is thoroughly supported by other senior management executives. Martinho Fortunato will oversee the finance operations as the Chief Finance Officer of RateGain Portugal.

Lisbon and Oporto will be the locations for two fully-functional local offices in Portugal. A resilient and highly experienced Portuguese team has been appointed at these offices, so as to render applicable revenue management and technology-related services to the clients. The team will also be advising local hotels to make better revenue management decisions by adopting best-in-breed technology products.

Miguel Velez, CEO, RateGain Portugal cited that, “This is a proud moment for us. We believe that as a subsidiary of RateGain, we will be able to streamline all exchanges between RateGain Technologies and customers in Portugal. Hotels in this region will surely benefit from our expert revenue management consultation services alongside RateGain’ s powerful unified revenue management suite – Unity.”

Bhanu Chopra, Founder and CEO, RateGain stated that “We are very enthusiastic about this new development. RateGain strongly believes in continuous growth and delivering results, and in order to achieve the same, we have secured a foothold in the region under a fresh banner – RateGain Portugal, which can be counted as our effort to fortify business in the Portuguese market. Having already acquired a substantial client base of 50+ customers in the region, we are very bullish about acquiring more business in Portugal as well as becoming market leaders here, especially after the recent talks between the Indian Prime Minister, Narendra Modi and the Portuguese Prime Minister, Antonio Costa, mutually agreeing to strengthen bilateral ties between the two nations.”

About RateGain Technologies

RateGain Travel Technologies was established in the year 2004 by Bhanu Chopra. The team on-board is now 500+ and still growing. Currently the company specializes in SaaS-based products that cater to both hospitality and travel industries. Solutions offered span across unified revenue management, rate intelligence, price optimization, rate shopping, seamless electronic distribution and online brand reputation management. Furthermore, an expansive list of esteemed clientele includes renowned hotels, online travel agents, airlines, car rentals, cruise liners, tour operators, wholesalers and more.