RateGain Travel Technologies Limited announced that Green Motion South Africa achieved a 51.8% revenue increase by using RateGain's AI-powered Rev-AI platform for car rentals during the peak season of October-December 2024. The implementation of Rev-AI also led to a 24% increase in revenue per day and saved over 150 hours of manual work in three months.
Key Outcomes:
- Revenue Growth: 51.8% increase in revenue during the Oct-Dec 2024 peak season.
- Revenue Per Day (RPD): 24% increase due to automated pricing optimization.
- Price Updates: Over 15 million real-time rate changes executed in three months.
- Manual Work Saved: Over 150 hours saved, allowing focus on fleet strategy and expansion.
Avinaash Singh, National Yield and Fleet Manager at Green Motion Car, Van & Truck Rental South Africa, stated that Rev-AI acts as their control center, enabling automatic rate adjustments based on pricing strategy and live utilization data. This has resulted in saving at least five hours every day, providing more time to focus on branch operations.
RateGain Travel Technologies Limited is a global provider of AI-powered SaaS solutions for the travel and hospitality industry, serving over 3,200 customers and 700 partners across 100+ countries. The company's solutions focus on accelerating revenue generation through acquisition, retention, and wallet share expansion.
RateGain works with 26 of the Top 30 Hotel Chains, 25 of the Top 30 Online Travel Agents, 3 of the Top 4 Airlines, and all the top car rentals, including 16 Global Fortune 500 companies.
