Tagged Airport Rates
January 11, 2017 in Rental Operations
December airport rate quotes were down $1.02 nationwide from a year ago. With year-to-year comparisons from down $6.11 in January to up to $5.48 in September, the last three months of 2016 were relatively stable.
November 30, 2016
November rates are up $.05 over November 2015, while 12 months to November averaged a small $0.31 decrease.
November 1, 2016 in Rental Operations
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.
October 4, 2016 in Rental Operations
Airport rates for September are up $5.48 year-over-year, the largest increase since July 2014. But the weekly rates suggest it’s not yet a guarantee that rates are on a long-term upward trend: the rates were up mid-month and then flattened out the last two weeks.
August 31, 2016 in Rental Operations
August rate quotes showed some strength, up $2.81 or 7% from August 2015. Hertz and National had the highest weekly average rates when comparing the eight major brands.
March 1, 2016 in Rental Operations
In February, the average airport rate quote was only down $1.42 (2.8%) from February 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Rates in the Northwest and Midwest regions were up, while the Northeast was down $9.82.
February 2, 2016 in Rental Operations
In January, all five regions experienced drops in airport rates, but the Southeast and Northeast were both down by double digits, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for January was down $6.11.
January 29, 2015 in Rental Operations
With the help of Jim Tennant of The Tennant Group and Michael Meyer of Rate-Highway, we took a look at recent rental car quotes at the Phoenix Sky Harbor Airport (PHX) to see what effect the Super Bowl crowds had on rates.
October 1, 2014 in Rental Operations
In September’s 50-city survey, rate quotes for the top 50 airports were down 0.6% from a year ago, the second consecutive month with a drop from last year. Washington D.C.’s Reagan National Airport had the highest average quote at $76.64.
September 16, 2014 in Remarketing
In August’s 50-city survey, rate quotes for the top 50 airports were down 4.7% from a year ago. The Northwest region had the highest rates, with Portland International Airport’s average quote at $75.52.
August 6, 2014 in Remarketing
In July’s 50-city survey, rate quotes for the top 50 U.S. airports were up $14.29 from $0.14 in June. All five regions were up substantially, but there were large differences in regional rates.
July 9, 2014 in Rental Operations
In our inaugural 50-city survey, rate quotes for the top 50 U.S. airports remained flat in a year-over-year comparison. However, there were large differences in regional rates.
June 11, 2014 in Rental Operations
May rate quotes for the six cities dropped for only the second time in the last 19 months, according to Rate-Highway’s monthly rate survey. In May, the rates were down $4.70 from a year ago. Additionally, next month’s survey will also feature a 50-city rate survey.
April 30, 2014 in Rental Operations
April rate quotes for the six cities continued to be strong, according to Rate-Highway's monthly rate survey. In April, the rates were up $9.71 from a year ago.
March 5, 2014 in Remarketing
The string of year-over-year rate increases continues, but at a more moderate rate, according to Rate-Highway's monthly rate survey. In February, the rates increased to only $1.44 higher than a year ago.
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