5th December, 2019, Hamburg : RateGain, the #1 SaaS company for travel and hospitality, today announced that it had been selected by STARCAR, for its advanced, real-time price intelligence solution for car rentals, CarGain.

With over 2,00,000 customers across 14 cities and more than 30 branches, STARCAR is one of the largest car rentals in Germany with a strong focus on delivering exceptional customer service through price sensitive products and innovative solutions.

Commenting on the partnership, Mr. Apurva Chamaria, Chief Revenue Officer, RateGain, said, “In a competitive market like Germany, STARCAR has continued to be one of the leaders that is focused on delivering affordable customer-centric services powered by modern technology to make it easy for customers to use and return their cars across all locations in the country. RateGain is excited to be selected by STARCAR to help their revenue management team take faster actions with more accurate decisions using the most advanced AI based revenue management capabilities available in the Car rental industry.”

Tobias Höpfner of STARCAR, added: “STARCAR is dedicated to providing mobility solutions to a varied set of customers across Germany and offers these solutions at the best available rates. RateGain’s solution for car rentals is trusted by the largest car rental companies in the world, for its capability to deliver competitive insights and a true picture of every market, making it easy for teams to identify price changes instantly and act on them to deliver growth consistently. We are certain with this intelligence, STARCAR will be able to strengthen further its position in the car rental market in Germany.”

CarGain is a SaaS solution trusted by the all of the world’s leading car rentals processes over 2 billion rates from 35,000 locations from 500+ brand, metas and GDS’ offering Rate Intelligence, Transactional Analytics, Rate Update Manager and AI-based Rate Recommendations for companies of all sizes.

About STARCAR:

Founded in 1987 by Tobias Höpfner and Maik Grabow, STARCAR is one of the largest car rental companies in Germany, with 33 branches in 14 cities. They serve 200,000 customers annually with our fleet of 5,000 vehicles. For more information visit www.starcar.de

About RateGain:

RateGain is the #1 provider of SaaS products, which help travel, and hospitality companies make more revenue every day. RateGain offers products, which help with rate intelligence, cognitive revenue management, smart distribution, and brand engagement. RateGain is proud to support 125,000+ hotel properties globally influencing $13 Bn revenue by providing 240 billion rate and availability updates & powering over 30 Million bookings. RateGain is trusted by 25 out of the top 30 OTAs, tour operators and wholesalers, 23 out of the top 30 hotel chains, 7 out of the top 10 car rental companies, top 5 cruise lines, and many leading airlines worldwide. In 2018, RateGain acquired DHISCO, which made it the only company in the world to offer end-to-end frictionless 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 www.rategain.com

Forward-looking Statements:

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.

For further details, please contact:

Ankit Chaturvedi
AVP Marketing -RateGain
ankit.chaturvedi@rategain.com
+91 9654502760