Brightline Trains Chooses RateGain for competing in the U.S. Rail Market

RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced that Brightline Trains (Brightline), seamlessly connecting travelers to top destinations and major events between Central and South Florida, has selected AirGain (A RateGain Product) for advanced rail and airline pricing intelligence in the U.S. rail market. AirGain, known for its AI-powered revenue management solutions for airlines, trains, cruises, and online travel agencies (OTAs), offers realtime price intelligence and rate parity solutions, among other services. This partnership enables Brightline to access accurate and real-time competitive pricing insights, bolstering its position in the U.S. rail sector.

Founded with the vision of revolutionizing American rail travel, Brightline has been connecting major cities in Florida with high-speed rail services. The company is known for its commitment to providing a fast, comfortable, and efficient travel experience, featuring amenities like premium seating, on-board dining, and streamlined ticketing processes.

As the U.S. rail market evolves with increasing competition and changing passenger demands, Brightline acknowledges the necessity of offering the most attractive prices. Teaming up with AirGain, a leader in fare intelligence for the travel industry, Brightline intends to offer the most competitive fares across various service levels, maintaining its leading position in the market. Utilizing AirGain, Brightline will be able to monitor key airline rates and rail rates for its major routes in the U.S. more efficiently, ensuring they remain at the forefront of fare competitiveness. AirGain's AI-powered solution, tailored specifically for revenue managers, will enable Brightline to establish precise pricing strategies and seize daily opportunities for growth. As the rail industry continues to grow, Brightline is set to uphold its competitive edge by offering its customers the most appealing prices and services.

Commenting on the partnership, Travis Christ, Chief Commercial Officer at Brightline said, "As the demand for air travel increases, leading to higher airfare costs, we at Brightline recognize the urgency to offer a competitive and viable rail alternative within the United States. This is a pivotal moment for us as we continue to expand and evolve our services. In this landscape, having accurate and scalable market insights becomes crucial. Our aim is to be the top choice for rail travelers, offering a service that's not only outstanding but also competitively priced, making us an attractive alternative to air travel. AirGain's intuitive interface and reliable data, supported by excellent customer service, enable our teams to make strategic decisions, keeping us competitive in the U.S. rail market."

Vinay Varma - Senior Vice President and General Manager, AirGain - added, "The North American market, especially post-pandemic, is witnessing a significant increase in rail travel. While this growth is positive for the industry, it also brings heightened competition. AirGain's rate intelligence capabilities enable transport services like Brightline to access the most accurate and up-to-date fare information for making better decisions compared to traditional systems. We are thrilled that over the past year, leading transportation services like Brightline have chosen AirGain to navigate the dynamic travel market as consumers seek the best deals."

AirGain is an easy-to-use and responsive SaaS solution by RateGain, created for commercial teams in airlines to help them make faster and better pricing decisions through its intuitive UI and accurate, real-time price intelligence at any time of the day, any number of times. To learn more about AirGain, visit https://airgain.ai

Shares of Rategain Travel Technologies Limited was last trading in BSE at Rs. 729.95 as compared to the previous close of Rs. 729.60. The total number of shares traded during the day was 11062 in over 755 trades.

The stock hit an intraday high of Rs. 768.45 and intraday low of 714.15. The net turnover during the day was Rs. 8056822.00.

Source : Equity Bulls

Keywords

RateGainTravelTechnologies INE0CLI01024 AirGain BrightlineTrains PricingIntelligence USRailMarket