How to Increase Revenue for Smaller Car Rental Companies
ICRS 2024: Bookings, rates, sales, upselling, technology, and smart fleet management all can widen the revenue stream when done right.
ICRS 2024: Bookings, rates, sales, upselling, technology, and smart fleet management all can widen the revenue stream when done right.
ICRS 2024: Developing a big picture plan and strategy while tracking key metrics and managing small expenses can free up the profit pipeline.
ICRS 2024: The American Car Rental Association focuses on stopping regulations and legislation that can raise costs.
ICRS 2024: Challenges for fleet electrification remain but technology will ease and lower the EV adoption hurdles in coming years.
Olivier Baldassari is taking a measured approach to further establishing the global brand in the U.S. while ensuring a good operational fit with Fox Rent A Car.
ICRS 2024: Rental companies can learn more about self-service technology and software from system providers and then try out the technology on some rental vehicles at their locations.
ICRS 2024: To prevent fraudulent car rentals, companies can learn to look out for erratic behaviors during the booking process and at the counter as well as use telematics to identify red-flag driving behaviors.
CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.
ICRS 2024: The annual industry update relayed positive signals for overall industry growth amid some uncertainties and volatility for auto rental fleets.
CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
The carrier market is ready for a transformative year in 2024 based on the industry's resilience, shifting dynamics, and early indicators of improvement.
Auto rental companies that have adopted AI-based damage assessment technology see sizable decreases in vehicle downtime and much more customer satisfaction.
Column: An introduction to the rental car industry contrasts with a clueless long-ago viewpoint about the realities of doing business.
The technologies ready to streamline and strengthen the car rental industry also come with uncertainties and challenges.
Column: We just exited the most disruptive — and profitable — period in the history of the auto rental industry. How can we prepare for what’s next? Hint: The biggest issue in 2024 isn’t fleet.
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