Enhancing Car Rental Revenue Management with AI-driven Dynamic Pricing Banner
Enhancing Car Rental Revenue Management with AI-driven Dynamic Pricing

The car rental industry today is enjoying a boom amid rising disposable incomes, improved air connectivity across smaller cities, and healthy growth in business and leisure travel. The U.S. market had its best year ever in terms of revenue in 2018, clocking a 4.8% jump in top line to over $30bn. Even more impressive was the fact this record revenue was realized on smaller fleet base, with revenue per unit hitting an all-time high of $1,131 per month.

What signals is the summer of 2021 giving car rentals
What Signals is the Summer of 2021 Giving Car Rentals?

2020 is a year that the car rental industry would want to forget. The pandemic and the challenges it brought in terms of lockdowns and social distancing had the industry witnessing an unprecedented slump. Fortunately, with the development of the Covid-19 vaccine, demand for car rentals is now gradually picking up.

RevAI Logo

Follow us on:

Products Pages
Newsletter

Be the first to know how revAI is enabling car rentals across the globe unlock new revenue every day.

Copyright Ⓒ 2024 revAI. All Rights Reserved.