London, Aug 27th 2020: RateGain Technologies, a leading SaaS company for travel and hospitality today, announced a global strategic partnership with Arvoia, the personalization technology and product leaders for the car rental industry. This partnership enables car rentals to adapt and react faster to the rapidly changing demand trends in the new normal with data-based actionable intelligence derived from RateGain’s dedicated solutions CarGain and RevGain for Car Rentals along with creating a unique personalized booking experience through Arvoia’s range of personalization products.
Offering the right rates based on intelligence derived from benchmarking competition and scrutiny of evolving demand patterns in a highly customized manner will be imperative to success as car rentals lead the road to recovery beyond the pandemic. RateGain and Arvoia’s partnership will result in the co-creation of a comprehensive solution aimed at improving profitability while focussing on improving the customer experience as well.
The offering will enable car rental pricing and revenue teams to remain up to date on the evolving market conditions with 1.2 trillion historical data points rates on all top car rentals along with creating a better understanding of customer profiles and providing them with the right mobility choice down to the individual level.
Commenting on the partnership Mike Webster, CEO, Arvoia said, “Our partnership with RateGain brings together two market-leading solutions in travel to provide a game-changing level of insight and performance. RateGain’s experience of working with all top car rentals, relentless focus on driving value and deep understanding of pricing in today’s competitive market, coupled with Arvoia’s behavioral understanding of customers and choice, is a perfect combination for companies looking to Optimize Booking Experience and revenue in these challenging times.”
“Arvoia’s two decades of expertise in helping car rentals improve customer experience with their AI-based personalization solutions when combined with RateGain’s decade long experience of providing top car rentals across the globe with rate intelligence and revenue maximization solutions, allows us to co-create value and innovation as we enter the new normal. We are excited about what we can achieve together and the difference we can make in the daily lives of our customers and stakeholders future,” said Anup Dhiraj, Product Head for CarGain, RateGain.
CarGain is one of the leaders in providing SaaS solutions to the car rental industry. We are trusted by all the top car rentals in the world to provide market-leading insights for over 35,000 locations and 700+ sites while processing over 4 billion price points annually.
To know more about the partnership, how you can benefit and bring technology-powered transformation for your car rental business visit http://rategain.com/partnership-contact-us/
RateGain is a leading provider of SaaS products, which help travel and hospitality companies with cognitive revenue management, smart e-distribution, and brand engagement to make more revenue every day. RateGain is proud to support 250,000+ hotel properties globally by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, world’s fastest-growing airlines, 23 of the top 30 hotel chains, tour operators and wholesalers, all top car rental companies, largest cruise lines, and the largest travel management companies. In 2018, RateGain acquired DHISCO, which made it the only company in the world to offer end-to-end smart distribution. In June 2019, RateGain acquired award-winning BCV to offer guest experience cloud to maximize guest lifetime value for hospitality chains. For more information, visit https://rategain.com
Arvoia (the new name for Mobacar) have created the technology solutions to help the world move more freely. Arvoia’s mobility management platform is the first cloud-based AI driven mobility management platform that enables the world’s leading mobility providers, intermediaries and municipalities to radically alter the face of global mobility. For more information, visit http://www.arvoia.com
Certain statements in this release are forward-looking statements, which involve some risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words ‘planned,’ ‘expects,’ ‘believes,’’ strategy,’ ‘opportunity,’ ‘anticipates,’ ‘hopes’ or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, data services and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptance of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages.