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LOR overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
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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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Better Business Bureau (BBB) serving Eastern Oklahoma informed attorney general of four states of its investigation into the complaint history of Payless Car Rental. Over 830 complaints have been filed against Payless in the past three years.
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Alphabet's mapping and navigation app, Waze, will launch its carpooling service in southern California on June 6 in an expansion of the service that's now available in northern California and Israel.
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Vulog, a carsharing technology provider, is unveiling its new technology platform that enables drivers of ride-hailing services to use shared cars in free-floating services.
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After operating for six months, BMW’s ReachNow has expanded its carsharing service in Brooklyn to include more neighborhoods. It’s also offering a new price for weekday rentals.
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Ride-hailing Lyft will soon be able to pick up and drop off passengers at Syracuse Hancock International Airport. Uber hasn’t reached out yet about operating at the airport.
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Advantage Rent A Car is GayTravel.com’s first partner for its “Let’s get OUT there!” initiative, which identifies select destinations and events around the world for LGBT+ travelers. Advantage is offering a 15% discount to GayTravel users.
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Paid for by rental car customer user fees, John Glenn Columbus International Airport will open a new rental car facility in 2020.
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Dent Wizard International, which specializes in automotive reconditioning and SMART (small to medium area repair techniques) repairs, has promoted Mike Black to president — in addition to his current position as chief operating officer.
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Held last week in Guangzhou, China, the International Car Rental Trade Fair and Festival drew some 500 attendees and featured about 50 exhibitors.
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