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.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."