Rate and Channel Manager for Car Rental Companies
RateChain empowers car rental companies to increase revenue from online channels
Key Benefits of Using RateChain
Better data for decisions
Use reports based on rate quotes and price monitoring to understand the market situation and evaluate the impact of rate changes
Maximise revenue
Maximise revenue from your fleet by updating rates in all sales channels according to your fleet utilization
Less management overhead
Spend less time updating rates and handling reservations with incorrect price.
RateChain Impact in Numbers
RateChain handles up to 700,000 price requests daily and has helped our customers get more than 100,000 reservations, with a total revenue of 45 MEUR.
Utilize the Power of RateChain
If you work with brokers but lack an API connection or your current system has limited rate management functionality, RateChain can open up new possibilities.
You can update rates via the RateChain web interface or use our API to push automatic updates from an external revenue management system.
Get free from the limitations of an Excel-driven price list. Begin utilising dynamic price quotes, which allow you to maximise revenue from each rental day.
The system ensures that the fees for "young driver", "out-of-hours," and "one-way rental" are applied correctly to all reservations. It also checks that the desk opening hours and the minimum required time between reservation and pick-up are considered.
How many rate requests each channel generates?
What is your conversion rate in different channels and pickup dates?
To which dates customers are looking for a car at the moment.
How are rate requests distributed over the length of rental?
What are the main reasons for refused rate quotes?
How many price requests do you lose due to current desk opening hours, and which pickup hours are the most requested.
Integrated price monitoring provides an overview of current prices on the broker's website, saving you time. Instead of manually checking the broker's website, you can use this time to make better pricing decisions.
Reports with price history help you understand which competitors use dynamic pricing and when they have almost sold out their fleets.
Markup monitoring gives a detailed overview of the broker markup applied to your net rates and how it has changed over time.
Ready API Integrations with brokers and OTAs
RateChain has a direct API connection with over 20 car rental brokers and OTAs.
Our system is designed to handle the load from the biggest brokers worldwide and meet their response time criteria even under high loads.
Plans for Every Budget
Setting up broker connections may take time. Our pricing plans allow you to start with minimal cost and unlock advanced features when the connections generate significant traffic.
