01 Mar
Beyond Guesswork: Shaping the Future of Car Rentals with Predictive Analytics
Explore how predictive analytics transforms car rental businesses, driving growth by optimizing pricing, forecasting demand, and enhancing customer satisfaction. Dive into data's role in strategic decisions.
23 Aug
From Rentals to Revenue: AI & ML Explained for Car Rentals
Navigating the intricacies of the car rental industry can be complex, especially when fine-tuning revenue streams. AI and ML bring about a smarter car rental service with more margins to be earned. Imagine during a big city event, your car rental prices adjusting in real-time to match high demand. That's the beauty of AI!
12 Apr
Demystifying AI for Car Rental Revenue Management: Separating Facts from Fiction
The car rental industry in the US is currently grappling with numerous challenges, including the aftermath of the COVID-19 pandemic and rapidly changing customer behavior. In response, businesses are increasingly adopting Artificial Intelligence (AI) to manage pricing and demand more effectively.
06 Apr
Revenue Management is a Technology Job in the Car Rental industry
Revenue management for the car rental industry is a hard ball to crack, with various complex models of operation and polarity in the type of customers across a company’s fleet rental activity. The central differences in the supply-and-demand characteristics further complicate management of revenue in the car rental industry.
22 Mar
Navigating Through the Ongoing Car Rental Shortage in 2023
Revenue management for the car rental industry is a hard ball to crack, with various complex models of operation and polarity in the type of customers across a company’s fleet rental activity. The central differences in the supply-and-demand characteristics further complicate management of revenue in the car rental industry.
14 Oct
Rate Shopping for Car Rentals: Using Rate Intelligence for Revenue Management
Revenue management for the car rental industry is a hard ball to crack, with various complex models of operation and polarity in the type of customers across a company’s fleet rental activity. The central differences in the supply-and-demand characteristics further complicate management of revenue in the car rental industry.
09 May
Car Rental Special: Lessons to Implement in 2022
As the car rental industry looks set to gear up for the next few years, here are 5 lessons from 2021 that every car rental business must be mindful of.
14 Apr
Here Is What To Expect At The International Car Rental Show 2022
If you are reading this, then you are probably already aware of ICRS22, which takes place in Las Vegas on April 24-26.
10 Mar
Increasing Fleet Efficiency and Revenue in The Car Rental Industry
In the quest for improved fleet utilization (fleet efficiency) and Revenue Per Day (RPD), car rental companies are trying out multiple tactics and solutions to maximize two of the most important KPIs in the car rental industry.
14 Oct
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.
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