Dollar Thrifty Automotive Group Announces Nine New Stores

Dollar Thrifty Automotive Group Inc. announced nine new corporate location openings this summer, according to a June 27 press release. Eight of the nine locations are scheduled to open in July.

The new locations include a Dollar Rent A Car at the Maui Coast Hotel in Kihei, Hawaii; a local market Dollar Rent A Car at 339 South End Ave. (Battery Park) in New York, N.Y.; a dual-branded Dollar Rent A Car and Thrifty Car Rental location at the Crowne Plaza Orlando-Downtown Hotel in Orlando, Fla.; a dual-branded location at the Ramada Maingate West Hotel in Kissimmee, Fla.; and another dual-branded location at 1291 Cobb Parkway South in Marietta, Ga.

Lastly, in August, Dollar Thrifty plans to open a local market Thrifty Car Rental at 1066 U.S. Hwy 1 in Vero Beach, Fla.

“We are pleased to expand our brands’ presence with these prime tourist destinations,” said Scott Thompson, Dollar Thrifty president, CEO and chairman of the board. “We are currently targeting 1-2% annual revenue growth from new location openings. These locations will provide incremental revenue growth in addition to the growth expected from an improving North American travel market.”

“We are not targeting the insurance replacement business, as we believe that market is already fully served by other rental car companies,” Thompson added.

Dollar and Thrifty have approximately 1,575 corporate and franchised worldwide locations including approximately 585 locations in the U.S. and Canada.

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