Avis, Budget Raise Rental Rates

PARSIPPANY, N.J. -- Cendant Car Rental Group Inc., owner of the Avis and Budget car rental brands, announced today that it has implemented price increases across all booking channels.

The new rates are effective for rentals checked out beginning Feb. 15. The increase raises rates at both brands by $5 per day, or $20 per week, on all subcompact through premium-class vehicles.

"We're pleased to see an encouraging lift in demand," said Bob Salerno, president and CEO for Cendant Car Rental Group. "Avis and Budget continue to deploy separate pricing strategies for their respective customers. However, the improving travel climate allows us to roll out stronger rates across both brands and all channels."

Comment On This Story

Name:  
Email:  
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

What is Your Time Worth?

Personal observations of retail and travel transactions reveal just how much a consumer’s time is worth today, and how increasingly intolerant we are of inefficient transactions.

Safeguarding Your Business with Brokers

While the high-profile bankruptcy of Atlas Choice has left many car rental companies wary of working with brokers, rental companies can take steps to protect themselves and ensure a productive relationship.

My Number One Takeaway from ICRS 2017

This year’s International Car Rental Show (ICRS) opened the door to new business models facing transportation today — yet adapting to these new technologies is not the first key to survival.

Job Finder: Access Top Talent. Fill Key Positions.

>