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

Understanding The Fleetification of Everything

As fleet miles increase exponentially, and as new stratum of fleet enter both consumer and business use cases, the "founding fathers" who gathered at Fleet Forward in Miami last week have some work to do.

The Problem with Valuing Safety Technology

As advanced safety technologies have migrated to mainstream vehicles, retaining value for these options at resale remains an issue.

ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Job Finder: Access Top Talent. Fill Key Positions.

>