ReportWire

Tag: Revenue Management

  • Awayday Selects PriceLabs as Preferred Revenue Management Partner to Power Growth

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    Leading full-service property management company Awayday has announced PriceLabs as its preferred revenue management partner to optimize revenue across its network of more than 11,500 vacation rentals across the U.S.

    PriceLabs, a global leader in revenue management solutions, today announced a new partnership with Awayday, a leading full-service U.S. vacation rental property manager with a portfolio of over 11,500 properties. Awayday has chosen PriceLabs as its preferred partner to deploy its state-of-the-art dynamic pricing and automation tools, optimizing revenue strategy across its rapidly expanding network of local brands.

    The partnership is poised to set a new standard in professional, high-quality property management, combining Awayday’s scale and operational excellence with PriceLabs’ best-in-class, AI-powered technology. Awayday has been rapidly growing its properties and brands under management, combining a local focus with national scale. To power this expansion, Awayday sought an innovative partner capable of meeting the complex demands of a large-scale, diverse property portfolio, with a team of revenue managers handling thousands of properties across the U.S.

    Awayday’s decision came after a comprehensive evaluation process, including data science deep dives and head-to-head comparisons of various platforms. PriceLabs distinguished itself through the superior accuracy of its pricing algorithm, seamless user interface and a human approach to partnership.

    Eric Schueller, EVP Revenue at Awayday, said: “As we scale, we need a partner whose vision for the future of revenue management aligns with our own – one where intelligent algorithms and smart revenue managers work together to drive superior results. We were looking for a true technology leader. PriceLabs’ advanced algorithm, combined with its intuitive user experience, gives our team the confidence that we can calibrate our pricing effectively and deliver the best possible returns for our homeowners. We have been impressed by the platform’s evolution and the team’s deep understanding of our needs.”

    Anurag Verma, Co-Founder of PriceLabs, said: “We have immense respect for how the Awayday team has executed its vision and built a high-quality organization at scale. This partnership is a significant win and a powerful validation of our platform’s ability to perform for the industry’s top professional operators. We are thrilled to partner with a team that thinks so clearly about the future and we are excited to support their continued growth.”

    This partnership underscores PriceLabs’ continued expansion and success in serving enterprise-level vacation rental companies, both in optimizing revenue and supporting robust reporting needs.

    About PriceLabs

    PriceLabs is a global revenue management platform for the hospitality industry. Operating since 2014, it powers pricing for 500,000+ listings worldwide. Learn more at Pricelabs.co.

    About Awayday

    Awayday is a leading vacation rental property platform composed of 30 local brands in vacation-focused destinations across the U.S. With more than 11,000 exclusive properties managed, Awayday provides property owners with a fully integrated suite of local services, including rental bookings, cleaning and housekeeping, maintenance and repairs, unit inspections, equipment rentals, and 24/7 customer support. For more, visit www.awayday.com.

    Contact Information:

    Thibault Masson
    Head of Product Marketing
    media@pricelabs.co

    Madeleine Parkin
    PR Account Manager
    press@pricelabs.co

    Source: PriceLabs inc

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  • PriceLabs to Unveil AI Tools at VRMA Las Vegas to Unlock Hidden Revenue

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    Leading revenue management software provider to launch two new tools for holistic revenue strategy

    PriceLabs, the revenue management software solution for short-term rentals (STR), will unveil two groundbreaking new products at this year’s VRMA Las Vegas conference: the AI-powered Listing Optimizer and Dynamic Minimum Stays -marking a strategic shift from dynamic pricing to a holistic approach to revenue management.

    In an increasingly competitive STR market, revenue management is no longer just about pricing. Operators must optimize every element, from booking rules to listing quality. Even perfectly priced properties can lose bookings due to weak descriptions, poor photos, or rigid stay rules that prevent listings from appearing in searches.

    PriceLabs’ latest tools are designed to help property managers increase visibility, convert guests, and unlock hidden revenue opportunities across their portfolios.

    Listing Optimizer: Turning browsers into bookers

    The new Listing Optimizer uses AI to turn underperforming listings into high-visibility, high-converting assets. It analyzes headlines, descriptions, and photos against top competitors, then delivers data-backed recommendations. It might flag listings with too few photos, vague titles, or missing amenities that affect OTA ranking, giving managers a clear checklist for improvement. With thousands of listings competing for attention, the tool helps operators boost visibility and conversion through scalable, data-driven insights.

    Even well-priced properties can underperform with thousands of listings competing for attention on booking platforms. Listing Optimizer helps operators boost their visibility by combining data-driven insights with scalable recommendations for professional hosts and multi-property managers alike.

    Dynamic Minimum Stays: Automating an untapped revenue lever

    PriceLabs is also launching the industry’s first Dynamic Minimum Stays, transforming static stay rules into a real-time revenue lever. Rigid minimum stay policies fail to adapt to shifting demand, leaving orphan nights and missed revenue opportunities.

    PriceLabs solves this by recommending and implementing monthly minimum-stay settings for each listing, continuously adjusting rules based on live demand signals and future occupancy trends, while respecting operator-set boundaries.

    • Shortening restrictions fills orphan nights between bookings.

    • Lowering minimums last-minute boosts occupancy.

    • Extending stays for far-out periods protects yield.

    This ensures managers can balance shorter stays that fill gaps and longer stays that maximize yield – automatically, property by property.

    A Free Revenue Management Course

    PriceLabs has also launched the “Fundamentals of Revenue Management,” a free course that helps property managers think strategically about pricing, understand demand, manage occupancy, and maximize profitability with practical, tool-agnostic frameworks.

    Richie Khandelwal, President and Co-Founder of PriceLabs, commented:

    “Dynamic pricing was the first step, but the future of revenue management is much broader. The perfect rate is no longer enough. We need to ensure that properties are getting seen, rules fit traveler demand, and listings inspire confidence to book. What we’re seeing now is a shift toward a more holistic approach, where every lever works together in real time to drive results. That’s where the industry is heading, and that’s where property managers will find the biggest gains in the years ahead.”

    Source: PriceLabs inc

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  • Lighthouse Launches Total Revenue for Business Intelligence With AI and Custom Reporting Capabilities

    Lighthouse Launches Total Revenue for Business Intelligence With AI and Custom Reporting Capabilities

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    Additions to Lighthouse’s commercial platform give revenue leaders the ability to expand scope of analytics and drive revenue beyond room pricing

    Lighthouse, the global leader in cloud-based market intelligence for travel & hospitality, today announced the launch of three new additions to its industry-leading commercial BI solution. The launch includes:

    • Total Revenue: a step-change improvement for BI in the hospitality industry, providing a complete view of room and non-room revenue performance 
    • AI Smart Summaries: daily performance insights, powered by generative AI, saving time and delivering better decisions
    • Custom Reporting: personalized, editable reports and dashboards, creating more flexibility to capture new insights

    “Business Intelligence is a key component of our commercial platform, and we continue to improve on our offering with new features that address customer needs, with hospitality-specific applications of the latest technology, such as Generative AI,” said Gregory Peppel, Head of Business Intelligence Products at Lighthouse. “With these latest features, we are changing the way commercial teams manage revenue performance.”

    The new features build on the existing Lighthouse BI solution set, which is used by over 8,500 hotels globally and was named Best Hospitality Business Intelligence Solution of 2024 by HotelTechReport. 

    Lighthouse BI encompasses deep integrations with the Lighthouse product suite including Rate Insight, Market Insight, and Benchmark Insight. This results in data-driven decisions based on reservation-level data, competitor pricing, market demand, and benchmark data.

    Total Revenue 

    Total Revenue provides a holistic view of both room and non-room revenue performance, with breakdowns by department, source and segment. The data syncs automatically with your PMS, eliminating the need for manual data collection or mapping from multiple sources, enhancing data accuracy and enabling immediate action to optimize all revenue streams and increase profit potential.

    AI Smart Summaries

    AI Smart Summaries leverage Generative AI to transform complex data sets into easily digestible daily performance summaries for hotel commercial teams. This technology captures and summarizes changes in pick-up, ADR, segmentation, and occupancy—tasks that previously took hours to compile. AI Smart Summaries save revenue management teams time and make daily performance insights more accessible to the entire commercial team, allowing for more strategic decision-making and improved results across all stakeholders. 

    Custom Reporting

    Custom Reporting allows users to create, export and schedule personalized reports and dashboards. With pre-sourced data, a pre-built data model, and multiple editable report templates that include essential metrics, users can start generating valuable insights faster. Lighthouse’s extensive experience in hotel analytics ensures our data model includes advanced hotel-specific features, for more robust and insightful analysis. 

    Jerrod Jackson, VP of Revenue Management Strategy at ZMC Hotels, shared his experience with Lighthouse Business Intelligence: “Everything that we look at doing in terms of adopting a new system or a platform is based on how we can create efficiencies and speed to market. Overall, Lighthouse BI has increased our efficiency and helped support better commercial decision-making.”

    Lighthouse BI drives substantial business impact for hoteliers by bringing performance data for your entire portfolio into a single business intelligence solution. It’s designed to be user-friendly, with out-of-the-box solutions that make complex data accessible to everyone. 

    Currently, the newly launched features for Total Revenue, AI Smart Summaries, and Custom Reporting are available to a select number of partners, with a broader release expected in Q3 2024. 

    To gain early access or to learn more, please visit www.mylighthouse.com/BI 

    Source: Lighthouse

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  • PriceLabs Leverages Generative AI to Make Revenue Management Accessible to Everyone

    PriceLabs Leverages Generative AI to Make Revenue Management Accessible to Everyone

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    PriceLabs leverages Generative AI to translate complex data into clear sentences, making sophisticated analytics accessible and speeding up decision-making for property managers and hosts.

    PriceLabs, a pioneer in revenue management solutions, today unveiled “AI Insights,” its first application of Generative AI designed to transform detailed revenue management data into easy-to-understand text. This groundbreaking feature converts complex data charts into concise sentences for clearer insight and efficiently summarizes market trends to facilitate quicker decision-making processes.

    “Integrating Generative AI into our platform represents a significant milestone in our mission to democratize revenue management,” said Richie Khandelwal, co-founder of PriceLabs. “With this industry-first, we’re not just simplifying data; we’re revolutionizing how property managers interact with our tools, making complex information instantly actionable. We effectively bridge the gap between sophisticated data analytics and clear business strategies.”

    Try “AI Insights” today, PriceLabs’ first Generative AI-powered feature

    PriceLabs’ first product feature using Generative AI is called AI Insights. It automatically translates complex, data-rich charts about evolving trends in market prices and occupancy into clear, concise sentences. Specifically, the feature emphasizes critical data points and market trends, such as periods of peak demand or unusual pricing patterns, empowering users to make swift and informed decisions with confidence.

    Now available to all existing customers at no additional cost, AI Insights exemplifies PriceLabs’ commitment to delivering valuable, accessible technological innovations. Moreover, all property managers and hosts are invited to explore this feature through PriceLabs’ free 30-day trial, which includes full access to AI Insights.

    Next Steps: PriceLabs to Broaden Use of Generative 

    Looking ahead, this release marks only the beginning of PriceLabs’ exploration into the capabilities of Generative AI. The company plans to expand the application of this technology throughout its platform, continually enhancing its suite of tools to better serve our users. Driven by user feedback and advancements in AI, PriceLabs is dedicated to maintaining its leadership in innovation and service excellence in the industry.

    About PriceLabs: 

    Established nearly a decade ago, PriceLabs has been at the forefront of providing innovative revenue management solutions. Today, it prices more than 350,000 listings every day around the world. By combining robust data science with accessible technology, PriceLabs empowers property managers and hosts worldwide to optimize their pricing strategies and maximize revenue.

    Discover how Generative AI can simplify your revenue management approach by visiting hello.pricelabs.co/ai-for-revenue-management

    Source: PriceLabs

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  • Lighthouse Expands Into Distribution With Acquisition of Stardekk

    Lighthouse Expands Into Distribution With Acquisition of Stardekk

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    Strategic acquisition adds dynamic distribution management capabilities focused on improving booking conversion and revenue optimization for independent hotels

    Lighthouse (formerly OTA Insight), the leading commercial platform for the travel & hospitality industry, today announced the acquisition of Belgian-based Stardekk, a market-leading provider of channel management and distribution software for the hospitality industry. This move represents another advancement in Lighthouse’s commitment to empowering hospitality commercial teams with a single platform to drive revenue growth.

    The merger will create a unified technology platform, combining Lighthouse’s data and artificial intelligence with Stardekk’s distribution reach, offering hoteliers unprecedented dynamic channel optimization. The combined offering will streamline real-time decision-making in a rapidly evolving market, particularly benefiting independent hotels by providing advanced distribution tools and pricing insights to drive top-line revenue growth.

    “We are delighted to welcome Stardekk to our team,” said Sean Fitzpatrick, CEO of Lighthouse. “Their innovative solutions and team complement our mission to reimagine commercial strategy for the hospitality industry. Together, we will deliver unmatched value to independent hoteliers through the combination of better data, better automation, and dynamic distribution.”

    Focus on independent hotels

    While the Lighthouse platform serves travel and hospitality businesses of all sizes, from independents to the largest global chains, this acquisition specifically targets the underserved sector of independent hotels. “Our ideal customer profile for this solution is independent hoteliers who are time-starved and overwhelmed managing disparate systems and data,” added Fitzpatrick.

    Addressing market fragmentation

    The hotel industry has long been hampered by a fragmented approach to pricing, promotion, and distribution, often leaving independent hoteliers at a disadvantage with disjointed data and systems. Lighthouse aims to bridge these gaps, offering an intelligent channel management solution for independent hotels that combines dynamic pricing optimization and distribution decisions in a single platform, driving top-line revenue growth and profitability.

    Harnessing the power of AI and automation

    With a unique understanding of the challenges faced by independents in an increasingly complex distribution landscape, the combined forces of Lighthouse and Stardekk will deliver an industry-first solution. Independent hotels often lack the time, data, and budgets to compete with larger chains. This acquisition will combine the expertise of Lighthouse and Stardekk in their use of data, AI algorithms, and automation to offer hoteliers unprecedented capabilities to more effectively and efficiently optimize their commercial strategies.

    A shared vision for hoteliers 

    Vincent Goemaere, founder and CEO of Stardekk, commented, “Joining forces with Lighthouse marks a significant milestone in our journey. We’ve always been dedicated to empowering hoteliers with easy-to-use, powerful tools. This merger not only aligns with our vision but expands our joint capabilities, offering immense value to independent hoteliers who need to stay competitive in rapidly changing markets, by driving revenue and profitability. The potential we can unlock together is incredibly exciting.”

    Together, Lighthouse and Stardekk are poised to redefine the distribution landscape for independent hoteliers worldwide, ushering in a new era of innovation, efficiency, and competitiveness. It’s a move that promises to level the playing field in a rapidly changing market.

    ***

    About Lighthouse

    Lighthouse (formerly OTA Insight) is the leading commercial platform for the travel & hospitality industry. We transform complexity into confidence by providing actionable market insights, business intelligence, and pricing tools that maximize revenue growth. We continually innovate to deliver the best platform for hospitality professionals to price more effectively, measure performance more efficiently, and understand the market in new ways.

    Trusted by over 65,000 hotels in 185 countries, Lighthouse is the only solution that provides real-time hotel and short-term rental data in a single platform. We strive to deliver the best possible experience with unmatched customer service. We consider our clients as true partners — their success is our success.

    About Stardekk

    Stardekk is a provider of innovative hotel software with over 22 years of experience and more than 3,000 customers in 55 countries. More bookings, less administration – that’s what Stardekk is all about. Stardekk offers an affordable all-in-one solution for hotels, B&Bs and short-term rentals to save time, maximize revenue and provide guests with a seamless experience, from online search to long after check-out. The powerful Cubilis Channel Manager, featuring best-of-class partnerships with Google, Airbnb, Booking.com and Expedia, serves as the engine that drives hoteliers’ online distribution.

    Source: Lighthouse (formerly OTA Insight)

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  • OTA Insight Launches the Overview Homepage; an Industry-First Commercial Hub for Hoteliers to Plan, Monitor and Execute on Key Decisions

    OTA Insight Launches the Overview Homepage; an Industry-First Commercial Hub for Hoteliers to Plan, Monitor and Execute on Key Decisions

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    Press Release


    May 19, 2022

    OTA Insight, the global leader in cloud-based hospitality business intelligence, announced today the launch of the Overview, the only solution on the hotel market that consolidates and tracks key commercial metrics in one singular view. The Overview delivers an actionable snapshot of overall performance, including: distribution health per channel, price competitiveness, events and holidays, market demand, OTB data vs. market, pick-up, ADR, and revenue. Additionally, the Overview provides a customisable alert feed of relevant metrics for commercial teams to drive team efficiency and performance.

    Hotel commercial teams have all felt the impact of the pandemic first-hand. Rising costs, fewer workers and increased competition have pushed the industry to adopt new technologies that help drive commercial growth. In shifting market conditions, accurate data is needed to face the challenges of tomorrow. However, analysing hotel performance can be time-consuming, leaving little time for strategic initiatives and decision-making. 

    It has also become clear that revenue management, marketing, sales and distribution teams can no longer work independently of each other. The pandemic has broken down silos that previously separated business units. With staff required to do more with less, all commercial teams must pull in the same direction and collaborate across shared data points to inform strategy. Now with the Overview, hoteliers can quickly and easily react, adjust and regain forward momentum in today’s fast-paced market landscape.

    The Overview gives you all the data needed in one single platform and helps save time with:

    • Commercial metrics at a glance – dynamic platform tracks key insights into revenue, distribution and market performance.
    • Alert feed – keeps teams on top of important changes, enabling them to spot and act on opportunities more efficiently and effectively.
    • Personalised settings – flexible settings, with customised alerts.
    • Collaborate with ease – improve operational efficiency by sharing insights across teams. The Overview provides snapshots of performance to make it easy to align teams with key data points.
    • Organise your work – dynamic lists help track important days and add notes for reminders.

    “We’ve heard loud and clear from our hotel partners that they no longer have the time and resources to stay on top of their commercial strategy. That’s why we created the Overview, featuring a unique set of features specifically designed to streamline a hotel’s commercial function,” said Nadine Böttcher, Head of Innovation at OTA Insight. “I’m thrilled to bring the Overview to market. As demand rebounds and competition increases, a data-driven commercial strategy is the key pillar to healthy and profitable growth, and we believe the Overview is a key part of this mix.”

    The Overview is included free for Rate Insight subscriptions and most combinations of product subscriptions. The Overview ties key insights of each product together, consolidating all information in a dynamic platform to guide users to quickly take appropriate action when and where it is needed.

    “The Overview is a quick and easy way to start my day with a snapshot of the most important items. I am able to set key dates and action alert items right away. It also brings together the metrics I need into one place, so I no longer spend so much time moving back and forth between systems,” said Jonathan Cachan, Director of Strategic Development at Astotel. “The Overview brings so much more efficiency into all the roles within hotels; whether you are in revenue, sales, marketing, operations or even in a position where you just need a bird’s eye view of business.” 

    To learn more about the Overview, visit: https://otai.co/3FLYV8A

    Media Contact, Adam Swart. Email: adam@otainsight.com

    Source: OTA Insight

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  • Avianca and Volantio Partner to Launch the Greenleaf Platform, Benefitting Customers and Reducing Carbon Emissions per Passenger Flown

    Avianca and Volantio Partner to Launch the Greenleaf Platform, Benefitting Customers and Reducing Carbon Emissions per Passenger Flown

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    Avianca becomes first airline in South America to launch the innovative capacity optimization platform

    Press Release


    Feb 9, 2022

    Avianca announced today that through its partnership with Volantio, an Atlanta-based travel technology start-up, they have successfully launched Volantio’s GreenLeaf platform – the first airline in South America to do so.

    “Avianca is proud to lead the way in becoming the first carrier in South America to launch the GreenLeaf platform,” said Manuel Ambriz, Chief Commercial Officer of Avianca. “Via this innovative technology, Avianca customers will be rewarded for their flexibility, enabling our airline to optimize capacity across our network, ultimately reducing emissions per passenger flown.”

    GreenLeaf helps airlines optimize revenue and capacity utilization on their networks by providing incentives to customers on peak flights (who may have some flexibility in their travel plans) to voluntarily switch to off-peak flights.

    Customers on peak flights are notified of their eligibility, via e-mail, days or weeks in advance of departure, and initially will receive Avianca LifeMiles in exchange for their flexibility (other compensation types are planned). Once guests voluntarily accept the change, the GreenLeaf platform automatically rebooks them and issues the reward.

    Avianca can then better service the incremental (usually last minute) demand on peak flights, ultimately flying more passengers on the same number of flights, thereby reducing emissions per passenger flown.

    “We congratulate Avianca on launching this platform, and for demonstrating a true commitment to innovation,” said Azim Barodawala, Co-Founder and CEO of Volantio. “We’re excited that our technology will help Avianca positively benefit guests while driving greater capacity and environmental efficiencies.”

    About Avianca: Avianca is an award-winning airline based in Colombia with a 100-year flight history that connects the world to Latin America. Always innovative and service-based, Avianca strives to be the preferred Latin American airline. Security, passion, and integrity are the cornerstones of Avianca.

    About Volantio: Volantio is an Atlanta-based tech start-up which seeks to revolutionize fixed-capacity industries through innovative tools to drive revenue, operational efficiency, and digital shopping conversion. Founded in 2014, Volantio works with airlines and other fixed capacity businesses around the world to automate capacity optimization through groundbreaking AI and machine learning.

    Contact: Emily Dykes

    Email: emily.dykes@volantio.com

    Source: Volantio

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  • Rate-Highway Announces RateMonitor Elite, the Most Powerful Revenue Management Tool in the World

    Rate-Highway Announces RateMonitor Elite, the Most Powerful Revenue Management Tool in the World

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    Press Release



    updated: Jan 2, 2018

    Rate-Highway, the global leader in revenue management software for the car rental industry announced the release of RateMonitor® Elite, the most powerful and straightforward version of RateMonitor ever created.

    RateMonitor Elite is the world’s best platform for providing real-time market data, analyzing and allowing you to make quick, intelligent pricing decisions to optimize revenue. Elite analyzes demand and pricing trends faster and with fewer steps – producing custom pricing easier than ever before and saving even more time while increasing revenue.

    Increasing revenue has never been this easy! We have made it simpler and faster for our clients to increase revenue and save time with RateMonitor Elite.

    Chris Mitrision, Lead Product Manager

    “Increasing revenue has never been this easy! We have made it simpler and faster for our clients to increase revenue and save time with RateMonitor Elite,” says Chris Mitrision, Lead Product Manager at Rate-Highway.

    Throughout RateMonitor Elite, users will notice a cleaner, sleeker design that’s more intuitive and organized. We’ve added features and abilities which enable users to quickly optimize their rates. We’ve engineered a ground-up rebuild, allowing the use of the most modern technology and allowing for constant innovation in the months and years to come.

    About Rate-Highway
    Rate-Highway is the leading provider of automated rate positioning technology for the global auto rental industry since 2002 and introduced the all-inclusive, groundbreaking RateMonitor® automated rate positioning product to the auto rental industry in 2004. RateMonitor is a full-cycle rate gathering, analysis and correction solution that can ensure your fleet is always competitively priced and that you are earning the greatest possible revenue.

    Source: Rate-Highway Inc.

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  • RateMonitor® Now Even More Powerful With the Addition of Artificial Intelligence

    RateMonitor® Now Even More Powerful With the Addition of Artificial Intelligence

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    RateMonitor delivers advanced A.I. capabilities, empowering car rental companies to price their vehicles based on predictive analysis

    Press Release



    updated: May 9, 2017

    Rate-Highway, the leading provider in Revenue Management software for the global car rental industry, is proud to announce that its flagship product, RateMonitor® now has artificial intelligence (A.I.) integrated into the platform, making RateMonitor not only the world’s most powerful, but now also the smartest revenue management system in the car rental industry. 

    RateMonitor continues its breakthrough innovation streak by coupling advanced A.I. capabilities with the leading revenue management system — basing car rental rates on local events, competitor pricing, current utilization, historical data, forecasts and more — all reviewed automatically using machine learning. It’s so effortless that anyone will now be able to use A.I.-powered rules that get smarter with every interaction.

    With Rate-Highway’s RateMonitor, we are delivering the world’s smartest Revenue Management tool for the car rental industry. RateMonitor makes it easy for everyone to take advantage of best-in-class A.I. capabilities when pricing their vehicles.

    Chris Mitrision, Product Manager, Rate-Highway

    About Rate-Highway

    Rate-Highway is the leading provider of automated rate positioning technology for the global auto rental industry. Rate-Highway has been providing rate gathering technology to the auto rental industry since 2002 and introduced the all-inclusive, ground-breaking RateMonitor automated rate positioning product to the auto rental industry in 2004. RateMonitor is a full cycle rate gathering, analysis, and correction solution that ensures client fleets are always competitively priced and result in the highest revenue possible.

    Source: Rate-Highway, Inc.

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  • Christina Morris Resigns as Managing Director

    Christina Morris Resigns as Managing Director

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    Press Release



    updated: Apr 28, 2017

    Rate Pros, LLC, a leading provider of revenue management services for the car rental industry, today announced that Christina Morris resigned as Managing Director. Ms. Morris indicated that she plans to pursue other opportunities, but that she will remain with the Company for a period of time to assist management with the transition. She has also resigned from the Board of Directors.

    To assure a smooth transition, Shona Nabity, President, will continue to lead Rate Pros and its expansion.

    “Christy has built something special here! We are grateful for Christy’s contributions and wish her the best in her new opportunities. I’m confident that with our proficiency and vigor for revenue management, we will continue to drive success.”

    Shona Nabity , President

    About Rate Pros, LLC

    Rate Pros is a leading provider in outsourced rate management specifically for franchisees, value-brand car rental agencies, and independent companies. Rate Pros’ focus is generating higher revenue while improving overall product utilization. To learn more about Rate Pros services and how they might help your location, go to www.rate-pros.com

     

    Source: Rate Pros, LLC

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  • Rate Pros Appoints President

    Rate Pros Appoints President

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    Rate Pros, a leading provider for rental rate management, analysis and pricing programs in the travel industry, announce today, the appointment of Shona Nabity as President.

    Spanning over two decades in the travel industry both domestically and globally, Shona’s experience in the areas of strategic planning, quality improvement and people management have honed her ability to motivate and inspire teams towards a common goal.  “Her achievements and understanding of how to strategize and maximize revenue provide an immense opportunity for Rate Pros to expand the array of solutions we provide to our clients,” ’said Christy Morris, Managing Director of Rate Pros.

    Her achievements and understanding of how to strategize and maximize revenue provide an immense opportunity for Rate Pros to expand the array of solutions we provide to our clients

    Christy Morris, Managing Director of Rate Pros

    As a Director for the 4th largest car rental company in North America, Nabity led a team of facilitators and managers to achieve 35% of corporate revenue resulting in $50+ million of annual sales revenue.

    “I am honored to serve as Rate Pro’s President and very grateful for the trust the Board is placing in me. My core foundation has always been to drive results, while upholding the reputation and integrity of the company, the teams and myself. I’ve excelled in achieving this through a belief in customer centricity,” said Shona Nabity. “I look forward to enriching existing partnerships and creating new ones. Working to develop Rate Pros into the industry leader it shows the potential to become, and being an integral piece to the successes. I am eager to help continue the amazing growth of Rate Pros and expand its market footprint.”

    Shona and her family reside in Denver, Colorado. She is involved in various fitness and wellness activities within her community, committed to balance both in her work and personal life.

    About Rate Pros

    Rate Pros is a leading provider in outsourced rate management specifically for franchisees, value-brand car rental agencies, and independent companies. Rate Pros focus is generating higher revenue while improving overall product utilization. To learn more about Rate Pros services and how they might help your location, go to www.rate-pros.com

    Source: Rate Pros, LLC

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