RateGain Travel bets on improving order pipeline for a recovery

The stock of RateGain Travel Technologies, a SaaS provider to the global travel and hospitality sector, has lost 13% since declaring the September quarter result on November 11 despite double digit revenue and profit growth.

Lower growth in contract wins in H1, pricing pressure, loss of a key account that is expected to reduce the FY25 revenue growth by 4% to around 15% are some of the concerns affecting the stock. The company has reported traction in orders in the online marketing segment in November and expects to post strong growth in the second half of the fiscal year amid an improving order pipeline.

RateGain helps global clients in the travel and hospitality sector to acquire and retain customers and expand their wallet share. It…