Corporate News
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 Africa''s 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-AI''s demand-responsive pricing during the Oct'VDec 2024 peak season delivered a 51.8% uplift in revenue. 'h
- 24% Increase in Revenue Per Day (RPD): Automated pricing optimization drove higher returns across bookings. 'h
- 15+ Million Real-Time Price Updates: Rev-AI executed more than 15 million rate changes in just three months, ensuring pricing was aligned with demand shifts. 'h
- 150+ Hours of Manual Work Saved: Automation replaced manual pricing updates, saving over ive hours daily and enabling the team to focus on leet strategy and operational expansion.
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