Facing a pandemia or a virus, how should I position my pricing?

There is no doubt that coronavirus, now known as Covid19, will hit the demand for travel in general and for car rental in particular. Forwardkeys has already measured in its last article a significant reduction of inbound and outbound Chinese passengers but also a slight decrease in overall travel. How will this new exogenous factor…

Rateshop Planner Usage Ideas

In this article WeYield presents a collection of potential use cases for our new self service rateshop planner module.

Challenges of rateshopping

In this article, WeYield summaries the challenges of collecting competitive pricing data and the factors you should consider when reviewing data suppliers. Key topics Why automated rate scraping is an important part of the pricing decision process In order to determine the best price for your product given your current sales performance, it is important…

Creating a more accurate tool to forecast the rental demand in the future

First step of making the best strategy is to accurately grasp the future market demand changes. In the field of car rental, the demand changes are complex, multifactorial influenced but also potentially regular. WeYield is always committed to providing customers with the most comprehensive information and analysis. Therefore forecasting of future demands is a huge…