Tagged Rental Rates

Rate-Highway, The Tennant Group Offer Weekly Rental Rate Service

The most recent brand, nationwide, regional, and top 50 airport rental rate survey results will now be provided to subscribers every week for a moderate fee.

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Europcar Extends Partnership With easyJet

Since 2003, easyJet customers have rented a car with Europcar and have taken advantage of exclusive rates on rental services, including the lowest price guarantee.

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Rate-Highway, Perfect Price Deliver Artificial Intelligence for Rental Pricing

The comprehensive pricing solution combines Rate-Highway’s rate automation technology and the artificial intelligence capabilities that Perfect Price brings to the industry.

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Airport Rates Fall for Sixth Consecutive Months

In May, the rate quotes were down $1.44 — the sixth month in a row that rates have been down. The Northeast and Midwest regions were up $8.39 and $6.16, respectively. Boston had the highest average rate quote of $94.13.

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Highest Memorial Day Travel Predicted in 12 Years

During the upcoming Memorial Day holiday weekend, AAA projects that 39.3 million Americans will travel 50 miles or more from home, an increase of 2.7% travelers than last year.

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April Airport Rates Continue Downward

April 2017 rate quotes were down again, continuing a pattern of year-over-year losses in six of the last seven months. The Northeast region had the highest rate at $57.27 — $19.55 higher than the lowest Southwest average of $38.72.

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Mexico's America Car Rental: Transparency is Paramount

With the widespread issue of low rental prices, America Car Rental wants to give advice to customers on how to avoid the surprise of unexpected charges at the counter.

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March Airport Quotes Down for Fourth Consecutive Month

March airport quotes continued to drop for the fourth consecutive month, with the quote down $6.42 from last March. All regions but the Midwest were down, with the Northwest down $13.24 — the biggest decrease in the five regions.

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Rate Pros Appoints New President

Rate Pros, a provider for rental rate management, analysis and pricing programs in the travel industry, has appointed Shona Nabity as president.

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Four Thoughts From the 2016 Conference Calls

Sifting through the notes of Avis Budget Group’s and Hertz Global Holdings’ recent fourth quarter conference calls give us some trend lines to watch out for in 2017. (Of course, this gives us an incomplete snapshot, as Enterprise Holdings is privately held.)

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February Airport Rates Down in Every Region

February’s average nationwide quote was down $4.49 from last February after decreases of $1.02 in December and $3.87 in January. All regions were down, with the Northwest down $10.92 — the biggest decrease in the five regions.

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ReachNow Announces Flat Rate Pricing

BMW’s ReachNow mobility service is unveiling flat rate hourly pricing of $20 for its carsharing program. Currently, ReachNow operates in Seattle, Portland, and Brooklyn.

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January Airport Rates Continue Downward Trend

Airport rates in January dropped $3.87 compared to a year ago. The Tennant Group and Rate-Highway also took a look at the major eight rental brands’ average rate quotes over the last three years. National has held the highest rates for the most weeks over Hertz and Avis.

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December Rates Down Slightly to End Volatile Year

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.

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November Rates Flat Over 2015

November rates are up $.05 over November 2015, while 12 months to November averaged a small $0.31 decrease.

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Flat Airport Rates Continue in October

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.

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Rate Pros Offers Rate Analysis, Pricing Program

Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.

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ReachNow's Carsharing Service Adds Long-Term Rates

BMW’s ReachNow carsharing service is now offering long-term rates for up to five days of rental in the Seattle area.

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September’s Airport Rates Increase Highest in Two Years

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.

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August Rates Rebound After Lackluster Summer

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.

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