RateGain moves up on connecting AI-powered solutions with Booking.com
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RateGain Travel Technologies is currently trading at Rs. 279.75, up by 1.60 points or 0.58% from its previous closing of Rs. 278.15 on the BSE.
The scrip opened at Rs. 282.00 and has touched a high and low of Rs. 282.10 and Rs. 279.50 respectively. So far 19882 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 525.00 on 18-Jan-2022 and a 52 week low of Rs. 236.05 on 30-Jun-2022.
Last one week high and low of the scrip stood at Rs. 296.00 and Rs. 276.00 respectively. The current market cap of the company is Rs. 3009.92 crore.
The promoters holding in the company stood at 55.82%, while Institutions and Non-Institutions held 15.37% and 28.81% respectively.
RateGain Travel Technologies’ Content AI platform has established a new and improved integration with Booking.com. This allows accommodations to seamlessly distribute content via one of the world's leading digital travel marketplaces, as well as auto-tag images to improve categorization and discoverability for travelers on RateGain platform.
The integration will enable Booking.com supply partners to update content via RateGain’s Content AI platform, saving them hours of effort and ensuring that travelers see the most up-todate content and images from the accommodation on Booking.com. This feature will also help Booking.com reduce the load on its extranet of multiple and concurrent logins.
RateGain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.
