RateGain Travel Technologies Ltd.

BSE: 543417 | NSE: RATEGAIN
Small Cap | IT - Software
666.10
2.65 (0.40%)
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RateGain Travel Technologies bags order from Malco

Date: 24-01-2022

Malco Enterprises of Nevada, Inc. (Malco), a leading Car Rental Company in Las Vegas, has selected RateGain Travel Technologies (RateGain) to drive business recovery with the world’s first AI-powered revenue management platform - revAI.

Car Rentals have been subject to extreme volatility since the onset of COVID19. While the segment was the quickest to recover in the industry, labor shortages, lack of automation, and unreliable historical data made it difficult for mid-sized and independent car rentals to identify revenue maximization opportunities at the right time.

RateGain’s revAI platform will help Malco Enterprises leverage over 25 real-time demand indicators that provide hyper-local demand to clearly understand the market potential and adjust their pricing by car segment, channel, and location to reach their maximum revenue potential in a day. 

RateGain Travel Technologies is among the leading distribution technology companies globally and it the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.