Tagged Travel Industry

Europcar Australia Named Top Car Rental Company

At the World Travel Awards, Europcar Australia was named as “Australia’s Leading Car Rental Company” for the seventh consecutive year.

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Enterprise Takes Gold in 3 Categories at Travvy Awards

At the 2017 Travvy Awards, Enterprise Rent-A-Car earned gold for Best Car Rentals-Overall, Best Car Rentals-Domestic, and Best Car Rentals-Fleet. Additionally, it received silver for Best Car Rentals-International.

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Europe, North America Top Destinations Traveled in Q4

Sojern’s Global Travel Insights Report for Q4 2016 showed that the top destinations both searched and booked included the U.S., Spain, the U.K., Mexico, Italy, Germany, France, and Portugal. For the upcoming spring, Sojern sees high travel in April for the Easter holiday.

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Enterprise Recognized by Travel Industry Publications

Enterprise Holdings received several awards from magazines such as Travel Weekly and Business Traveler USA.

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Highest Travel for Year-End Holidays Predicted

More than 103 million Americans — the most on record — are expected to travel for the year-end holidays, an increase of 1.5% or 1.5 million more people traveling compared with last year.

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Airline Ancillary Revenue Projected at $67.4B

IdeaWorksCompany and CarTrawler project airline ancillary revenue will reach $67.4 billion worldwide in 2016.

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December Shows High Travel for the Holidays

December travel peaks around the world primarily due to holidays celebrated within the month, according to a report by Sojern. Globally, the most popular days that travelers have searched to fly are December 22 and 23.

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Avis Budget Named Gold Magellan Award Winner

Avis Budget Group’s Unlimited Rewards program has been named a Gold Magellan Award Winner by Travel Weekly for the fourth consecutive year.

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Most North Americans Travel for Three or Less Days

For North America, the top five destinations were New York City, Miami, Las Vegas, Los Angeles, and Chicago. When it came to trip duration, 43% of North Americans planned trips for 0 to 3 days during Q2 2016, according to a Sojern report.

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Global Ground Transportation to Continue Flat Pricing

New Global Business Travel Association (GBTA) research highlights six risks heading into 2017 that could impact both travel industry prices and the global economy as a whole. Risks include financial market turbulence, oil prices, and uncertainty surrounding Brexit.

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North America, Europe Top Destinations Booked in Q1

According to Sojern’s Q1 Global Travel Insights Report, the top 10 booked destinations were: Canada, the U.S., Mexico, United Kingdom, France, Spain, Portugal, Germany, Italy, and Switzerland.

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Europcar Receives Top Travelers Choice Award

Europcar Group received a 2016 TripAdvisor Travellers’ Choice Award for favorite rental car service for its locations in four Europe countries: France, Spain, England, and Germany.

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North America, Europe Top Travel Booked in Q4

According to Sojern’s Q4 Global Travel Insights Report, the top eight countries most booked for travel include the U.S., Mexico, the U.K., Spain, Italy, France, Germany and Portugal.

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Tourico Holidays Increases Car Rental Sector

Tourico Holidays, a wholesale travel broker, has increased its gross revenue by 300% year-over-year from its car rental business. The company is planning to add more car rental partnerships as well as establish a team dedicated exclusively to car rental.

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Airline Ancillary Revenue Projected at $59.2B

IdeaWorksCompany and CarTrawler estimate airline ancillary revenue will reach $59.2 billion worldwide in 2015. This forecast is 18.8% higher than 2014.

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September Most Popular Month for Travel in Q3

According to Sojern’s Q3 Global Travel Insights Report, 37% of all the quarter’s bookings took place in September. For the upcoming holiday season, top destinations include Bangkok, Madrid, New York and Singapore.

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Global Travelers Favor Domestic Trips in Q2

Compared with the previous two quarters, travelers across studied regions searched for destinations closer to home, according to Sojern's Q2 Travel Insights Report.

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Weaker Euro Leads to Higher European Travel

According to Sojern’s Q1 Global Travel Insights Report, the weaker euro is attracting a greater number of travelers to European countries this summer and Cuba continues to rise on U.S. travelers’ list.

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Expedia to Purchase Orbitz Worldwide for $1.6B

Online travel agency Expedia announced it has entered into an agreement to acquire Orbitz Worldwide Inc., including all of Orbitz’s brands, for $12 per share in cash. This represents an enterprise value of about $1.6 billion.

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Enterprise Recognized for Leadership at Travvy Awards

Enterprise Holdings received two top honors at the 2015 Travvy Awards Gala, including Best Domestic Car Rental Company and Most Innovative Car Rental Executive Award.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

What Does the Future Hold for Fleet Sales to Car Rental?

With domestic automakers pulling back on rental fleet sales and lower overall light-duty sales projected, the car rental industry will have to adjust.

Who is the Local Operator of the Future?

In an autonomous vehicle environment, the business model will change, but fleet management will be more important than it is today.

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

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