India-Headquartered RateGain Buys Hotel Marketing Tech Ahead of Its IPO

Travel tech company RateGain, which is on track to go public on an Indian stock exchange most likely by year-end, said it was buying Myhotelshop, a hotel marketing technology vendor based in Leipzig, Germany. Since its debut in 2012, Myhotelshop has provided tools to hotels for managing and distributing content and campaigns to metasearch and other partners.