RateGain's AI Pricing Boosts Payless Costa Rica Bookings by 21%

Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

RateGain Travel Technologies Limited announced that Payless Costa Rica has increased its bookings by 21% using RateGain's AI-Powered Pricing. The company has successfully deployed Rev-AI, its Al-driven demand forecasting and dynamic pricing platform for car rentals.

Payless Costa Rica has grown from 40 cars in 2003 to a fleet of over 500 vehicles today. With booking volumes increasingly driven by brokers (OTAs) and competition intensifying after post-pandemic fleet expansions, the operator required a more agile and automated approach to pricing.

Using Rev-AI by RateGain, Payless Costa Rica automated daily rate updates, gaining forward-looking demand visibility, and applying location-based pricing to improve fleet allocation.

Key Outcomes:

• 21.1% Increase in Bookings: Growth in pickup-date bookings over four months compared to the previous year.
• 16.5% Revenue Growth: Smarter, data-driven pricing delivered consistent revenue uplift.
• 94% Accuracy in 60-Day Forecasts: Forward visibility enabled proactive planning and improved pricing confidence.
• 5,500+ Automated Daily Rate Updates: Manual effort minimised, ensuring competitive pricing across channels.

Eduardo Guzowski, General Manager at Payless Costa Rica, said, “Rev-AI has brought structure to a market that's been anything but predictable. It took the manual load off our team and now updates our rates daily across channels—even when key people are away. The market today is tough and highly price-driven, but with Rev-AI, we finally have the visibility and tools to stay steady. We're no longer reacting day to day-we're planning ahead, even when bookings come in last minute.”

RateGain Travel Technologies Limited provides Al-powered SaaS solutions for travel and hospitality that works with 3,200+ customers and 700+ partners in 100+ countries.