Average Rental Car Days Booked on Priceline.com Increases

Priceline.com Inc. announced its third quarter results for 2011 on Nov. 7 and highlighted each travel service purchased by consumers. Gross travel bookings for the company experienced an overall increase of 56.2% over a year ago at $6.3 billion, with 2011 Q3 revenues at $1.5 billion.

The company’s international operations contributed third quarter revenues of $953 million, in which global rental cars days went up 36% year-over-year, according to Jeffrey Boyd, president and CEO of Priceline.

The average rental car length for 2011 third quarter was seven days, up from 6.6 days last quarter, from 5.1 days compared to Q3 of 2010 and up from 2.6 rental days in 2009 third quarter. Average hotel days have also lengthened.

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 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.

Should Peer-to-Peer Renters Pay Airport Car Rental Fees?

The question is central to the City of San Francisco’s lawsuit against Turo for operating without a permit at San Francisco International Airport.

Hard Times Ahead for the Compact SUV Segment?

The hottest segment today is facing a glut of models and volume in tomorrow’s wholesale market.

Job Finder: Access Top Talent. Fill Key Positions.

>