Rate-Highway and Fleet Consulting Association Partners to Enable Rental Car Agencies to Determine Best Vehicle Strategies
Collaboration enables companies to make personalized buying and selling decisions to ensure maximum profitability from rentals and sales
IRVINE, Calif. – June 2, 2022 – (Newswire.com)
Rate-Highway, Inc., the original and proven global leader in car rental revenue optimization, and Fleet Consulting Association, Inc., a provider of business intelligence and technology for the fleet and car rental industries. cars, announced today that they have partnered to provide car rental providers with crucial business decision-making tools. By integrating the Rate-Highway tariffMonitor Elite, the “best in class” car rental rate management system, together with the powerful fleet rating system, car rental companies will be able to confidently answer some of the most car rental issues, including “What type of fleet would be most profitable in my market?” and “When is the best time to sell a vehicle?
“We are thrilled to announce this partnership,” said Roger Zakharia, CEO of Fleet Consulting Association, Inc. “Car rental operators can now take advantage of the revenue optimization power of Rate-Highway while accessing simultaneously with relevant fleet valuation, essential for planning and achieving solid margins in real time.
Car rental has always been made up of two pieces of a puzzle: one is to price rentals optimally to generate revenue, and the other is to sell the car at the optimal time to further increase revenue. income. Never have two companies worked together to provide a complete solution for both. Using market intelligence, current pricing and usage data, combined with current resale market data from JD Power and Manheim, a rental car operator can now optimize their fleet mix for rental and sale. Through this collaboration, car rental operators can also easily determine the best time to move a vehicle from the rental fleet to the sale, allowing them to maximize revenue on both sides of the car’s lifespan. .
“The pandemic and car shortages over the past two years have really taken a toll on rental car operators,” said Michael Meyer, president and co-founder of Rate-Highway. “This collaboration gives operators the tools to ensure they are in the best position to ensure maximum revenue generation.”
About Rate-Highway
The original and proven global leader in car rental revenue optimization since 2002, Rate-Highway has helped more brands gain recognition in the United States than any other car rental technology company. Rate-Highway’s proprietary technology offers the industry’s first real-time business intelligence tools to optimize web and Global Distribution System (GDS) pricing. Rate-Monitor analyzes competitors’ pricing information and automatically corrects GDS, Web and reservation system rates based on customer-controlled strategies. To learn more about how to take advantage of the joint offer, visit: https://www.ratehighway.com/rh-fca
About Fleet Consulting Association
Fleet Consulting Association (FCA) is a trade association providing services and business solutions to the car rental and fleet industries nationwide. FCA works with car rental and fleet professionals to help them build assets, plan their fleet and find insurance solutions. Through Cosmosboard, FCA also offers information technology solutions tailored to industry and IT support and software systems development. For more information visit https://fcaus.org
Press contacts:
Liz Erk
Tariff-Highway
(781) 279-0370
[email protected]
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Rate-Highway and Fleet Consulting Association Partners to Enable Rental Car Agencies to Determine Best Vehicle Strategies
