Budget Iceland Named Licensee of the Year

Reykjavik is one of Budget's locations in Iceland. Photo via Wikimedia/Berit
Reykjavik is one of Budget's locations in Iceland. Photo via Wikimedia/Berit

Budget Car Rental has named Budget Iceland as “Licensee of the Year” at the 2016 Budget Car Rental Licensee Awards for Europe, the Middle East and Africa (EMEA). Budget Iceland, who also won the award in 2012 and 2015, accepted the accolade at a gala event in South Africa.

“It’s no accident that Budget Iceland has been honored more than once,” said David B. Wyshner, president and chief financial officer of Avis Budget Group. “They continue to generate a marked increase in revenue and volume, along with strong ancillary sales. In addition, they understand their customers’ needs, and that is reflected in their consistently high customer satisfaction scores.”

The Budget Car Rental Licensee Awards recognize licensee partners that have demonstrated growth in annual financial performance, measured against their local country economic conditions. The awards also take into account customer service and delivery of strategic initiatives.

Budget Cyprus was also honored for its accomplishments with the Outstanding Achievement award for 2016.

“My team and I are humbled by this honor,” said Hjálmar Pétursson, chief executive officer, Budget Iceland. “We work hard and are committed to promoting the Budget brand in Iceland by providing the best rental experience possible.”

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Job Finder: Access Top Talent. Fill Key Positions.