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Avis Budget Revenue Hits Record at $2.7B

Photo via Wikimedia.

Avis Budget Group has reported revenue of $2.7 billion for its third quarter 2016, a company record. This is a 3% increase primarily due to a 2% increase in pricing in the Americas and a 4% growth in international rental days.

2016 Auto Rental Summit

The Auto Rental Summit featured several seminars during the two-day conference.

The fifth annual Auto Rental Summit took place in a new city and venue. From Oct. 24-25, corporate, franchised and independent companies gathered at the B Resort & Spa in Lake Buena Vista, Fla. Check out images from seminars, the exhibit hall, networking breaks, awards, a tour of ACE Rent A Car in Orlando, and more. Photos by Amy Winter-Hercher and Eric Tillotson.

Flat Airport Rates Continue in October

Rate data provided by Rate-Highway, a leading provider of revenue management services for the...

After two months of significant rate quote increases over the previous year, airport rates for October were down $0.65 or about 1.5%, almost flat year-over-year. Rates turned down for the middle two weeks in October, but they were up again the last week of the month.

Blogs

Auto Focus

Chris Brown, executive editor of Business Fleet, Auto Rental News, and Fleet Forward, offers his...

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