Hong Kong – As technology plays a big part in the ongoing transformation of the travel industry, RateDock has launched a travel platform that connects demand partners to an array of properties that use different connectivity partners with one simple connection.
RateDock aims to empower connections between hotels and travel agencies. It works as a direct interface between the accommodation provider, connectivity partner, and the demand partner, seamlessly connected through the RateDock platform.
The demand partners of RateDock are travel agents, tour operators, and DMCs, as well as travel SMEs. It supports purely from a technical level to facilitate the connection, and it should be noted that all commercial terms and relationships are managed between the accommodation and the demand partner.
Furthermore, other benefits of the accommodations also include cost-saving support through business matching and direct partnership, as well as ensuring full control of distribution. Using the existing connectivity partner, the property can increase the number of demand partners with one simple connection which improves speed to market and optimizes revenue generation.
“By connecting to Ratedock, we want to make it easier for properties to automate rate, availability, and booking management processes. On the other hand, demand partners can receive live rates and availability which will improve their ability to compete in the market,” said Marco Bacchilega, the founder and CEO of RateDock.