Look back at previous articles in this series to understand how RideSuite supports order management of pre-booked rides (eg: airport transfers) between the travel industry and transport service providers. These services are sold at fixed, pre-agreed prices via travel agents and tour operators, which is why we developed RideRates – a rate and margin management application for agencies and fleets alike.
The proliferation of channel managers in the hotel and apartment rental sectors underscores the important role of pricing tools to maximise yield. Ground transportation is underserved by software providers, yet faces similar pricing challenges to accommodation, flight and car rental providers:
- Services are sold through different agencies
- Custom pricing is agreed with each partner
- Marketplace-type channels require constant price adjustments
- Inventory expires – availability today can’t be sold tomorrow
- Overbooking has consequences (although fleets often work closely with local subcontractors)
RideRates provides versatile rate management, which can be used to power a website, a live quote API connection or validate prices indicated on new orders received from partners.
Already supporting airport transfers and point to point services, and featuring fixed or on-the-fly formula-based price quotation, we have ambitious plans for RideRates, with exciting new features scheduled for release in 2025.
Whether you are a fleet, destination management company, specialist intermediary, online travel agent or tour operator, RideRates is a powerful price management tool which can support your demand-side and/or your supply-side pricing requirements.
We’re completing the full pre-booked ride order lifecycle, so follow our page on LinkedIn for regular updates, news and articles.
