Latest news with #Rev-AI
Business Standard
2 days ago
- Business
- Business Standard
Avis Fargo transforms its pricing strategy with adoption of Rev-AI by RateGain
RateGain Travel Technologies announced the remarkable success of Avis Fargo with Rev-AI, its AI-powered demand forecasting and dynamic pricing platform for Car Rentals. Operating the Avis and Budget franchises at Fargo's Hector International Airport, Reliance Leasing, Inc., serves both business and leisure travelers in a region marked by extreme seasonality. With thin margins, a lean team, and rapidly shifting demand, the Fargo operations needed a smarter way to anticipate market trends, modernize pricing, and optimize fleet allocation without adding staff or complexity. By adopting Rev-AI by RateGain, Avis Fargo transformed its pricing approachautomating rate updates, centralizing market intelligence, and gaining forward-looking demand insights that enabled faster, more profitable decisions. Key outcomes include: 21% average growth in bookings, showcasing consistent momentum and culminating in a peak uplift of 26% while maintaining strong performance throughout. 30% revenue uplift forecast proved accurate, generating a tangible $100K increase in the initial phase. 14% rise in RPD, signaling stronger pricing leverage, maintained at this improved level even as booking volumes grew. 5 percent increase in market share, securing a notable gain in a highly competitive regional market. Hours of Manual Work Eliminated: Pricing automation freed the team from daily updates, enabling focus on fleet strategy and targeted promotions.
Business Standard
17-07-2025
- Business
- Business Standard
RateGain successfully deploys Rev-AI for Green Motion South Africa
RateGain Travel Technologies (RateGain) announced the significant success of Green Motion South Africa with Rev-AI, its AI-powered demand forecasting and dynamic pricing platform. A key player in South Africas car rental market, Green Motion South Africa has built its reputation on sustainability and service excellence. However, managing pricing across a growing leet in a volatile post pandemic landscape presented new challenges. By adopting Rev-AI by RateGain, Green Motion South Africa overcame key operational hurdles, introducing intelligent automation to streamline pricing, centralize insights, and enhance revenue performance during peak demand periods. Key outcomes include: - 51.8% Revenue Growth: Leveraging Rev-AIs demand-responsive pricing during the OctVDec 2024 peak season delivered a 51.8% uplift in revenue. h
Business Upturn
17-07-2025
- Business
- Business Upturn
RateGain's Rev-AI drives 51.8% revenue growth for Green Motion South Africa
By Aman Shukla Published on July 17, 2025, 10:39 IST RateGain Travel Technologies Limited , a leading global provider of AI-powered SaaS solutions for the travel and hospitality sector, has announced a major milestone in its partnership with Green Motion South Africa . The car rental brand, known for its eco-conscious operations and quality service, reported a 51.8% revenue jump after deploying Rev-AI , RateGain's intelligent demand forecasting and dynamic pricing platform. In a post-pandemic environment where demand patterns have become unpredictable, Green Motion faced mounting challenges in managing pricing across its growing fleet. By integrating Rev-AI, the company introduced real-time automation to optimize pricing, respond swiftly to market shifts, and maximize revenue—especially during peak travel seasons. Here's a snapshot of the impressive results achieved: 51.8% Revenue Growth during October–December 2024, driven by demand-based, AI-powered pricing. 24% Increase in Revenue Per Day (RPD) across bookings, thanks to optimized rate adjustments. Over 15 Million Price Updates executed automatically within three months, keeping pricing in sync with demand. 150+ Hours Saved in Manual Work, freeing the team to focus on growth, fleet management, and service quality. With Rev-AI's centralized insights and intelligent automation, Green Motion South Africa is not just responding to market changes—but staying ahead of them. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
