Rategain Travel Technologies Limited has informed the Exchange regarding a press release dated Jun 19, 2025, titled "Press Release on NYU SPS Jonathan M. Tisch Center of Hospitality, RateGain, and HEDNA, Releases the Hotel Industry s Biggest Benchmarking Report ".
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RateGain has jointly released the second edition of a hotel industry benchmarking report called 'The State of Distribution 2025' with NYU SPS Jonathan M. Tisch Center of Hospitality and HEDNA. The report draws on insights from over 700 hotel brands and 21,000+ properties across 310 cities, making it one of the most comprehensive looks at how hospitality commercial teams are evolving. Key findings show that AI adoption in hotels remains early-stage due to gaps in training and integration, distribution teams are getting leaner despite growing complexity, and 80% of hotels spend up to two days a week on manual reporting. It also highlights that independent hotels are actively testing new technologies, while larger chains are focused on system consolidation. The report underscores a widening gap between technology availability and operational readiness in the hospitality sector.
No direct financial impact on shareholders, but this positions RateGain as a thought leader in the global hospitality SaaS space, potentially strengthening its brand visibility and credibility among hotel clients and partners. Reinforces its AI-powered SaaS positioning in the travel and hospitality industry.