New Launch4 Sept 2025, 11:23 am
Payless Costa Rica Boosts Bookings by 21% with RateGain’s Al-Powered Pricing
AI Summary
RateGain Travel Technologies Limited, a global provider of AI-powered SaaS solutions for the travel and hospitality industry, announced the successful deployment of Rev-Al, its AI-driven demand forecasting and dynamic pricing platform for car rentals, by Payless Costa Rica. The deployment resulted in a 21.1% increase in bookings and a 16.5% revenue growth over four months compared to the previous year. The platform also provided 94% accuracy in 60-day forecasts and automated over 5,500 daily rate updates across channels.
Key Highlights
- Payless Costa Rica adopted Rev-Al by RateGain, transforming its revenue management operations.
- The platform automated daily rate updates, provided forward-looking demand visibility, and applied location-based pricing to improve fleet allocation.
- The deployment resulted in a 21.1% increase in bookings and a 16.5% revenue growth over four months compared to the previous year.
- The platform provided 94% accuracy in 60-day forecasts and automated over 5,500 daily rate updates across channels.
- With Rev-Al by RateGain, Payless Costa Rica is positioned to respond faster to market shifts, plan with greater confidence, and sustain profitable growth.