Hotwire President Predicts Car Rental Rate Decline

Travel bargain-hunters are finding great deals for hotels and airfares in the current challenging economic times. But rental car rates are up because the rental car companies are keeping less inventory.

That is according to Clem Bason, president of the discount travel Web site, Hotwire.com. Bason made his comments in an interview with SDNN.com, San Diego News Network.

Bason says that after spiking in July, (above $40 on average), the car rental market will decline in late August, then return to more normalized levels in September. Rental cars are available on Hotwire from $13.95 per day.

For opaque airfares and rental car deals, Hotwire negotiates some of the lowest published rates in the marketplace, Bason said. “If we don’t have a competitive opaque rate, we show the lowest set of published rates available instead, clearly noting them,” he said.

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

6 Takeaways from the 2018 International Car Rental Show

Technological solutions are finally moving from reality to theory, peer-to-peer platforms are being redefined, China has the biggest room for growth, while Sixt’s U.S. aspirations have only just begun.

The Irony of Customer Service in the Digital Age

Sure, any company would jump at the chance to use technology to reduce labor costs. But it also comes with some big, red, flashing warning lights.

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Job Finder: Access Top Talent. Fill Key Positions.

>