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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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Europcar has acquired Milan-based carsharing company GuidaMi and its 150-vehicle fleet, bringing its mobility services to Italy.
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South Africa-based Bidvest Car Rental has introduced its Snappdrive app that allows users to handle the entire rental process on a smartphone.
Read More →Revv, an Indian-based carsharing service, has expanded to three new cities in India: Mumbai, Chennai, and Jaipur. It now operates in seven cities across India.
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Europcar Hourly Hire, available in the Highlands and Islands of Scotland, offers both electric and hybrid vehicles.
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Luxury car rental sales as well as prices are increasing in Houston ahead of the Super Bowl. Normally priced at $1,299 per day, the Lamborghini Huracan convertible is currently going for $2,500 per day at a Houston luxury rental location.
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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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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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Advantage Rent A Car (AEZ), operator of the Advantage and E-Z Rent-A-Car brands, will unveil new logos, websites, and revamped rewards programs for both of its brands.
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Ride-hailing services are now allowed by one-half (50%) of all corporate travel policies, a jump from 44% in June 2016, according to a Global Business Travel Association report.
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Daimler will eventually offer self-driving Mercedes-Benz vehicles on Uber's ride-hailing platform under a new partnership between the two companies announced Jan. 31.
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