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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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Audi of America plans to roll out a national car-sharing fleet service for executives next year and has begun testing the service in North Carolina, according Audi.
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Moving to Orlando this year, the fifth annual Auto Rental Summit focused on the theme of “People, Process, and Profits” through seminars, networking, and exhibit hall interactions.
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During Tuesday’s award ceremony at the 2016 Auto Rental Summit in Lake Buena Vista, Fla., two car rental professionals were named as Professional of the Year winners in the operator and vendor categories.
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Turo, a peer-to-peer carsharing marketplace, has expanded its services to include independent car rental companies. Rental companies can use their own commercial insurance policy.
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Bandago, a van rental company, has added two new customized van lines to its fleet: the Vintage Van resembles a “Shag Wagon” with a ‘70s retro feel while the Star Cruiser Sprinter offers a luxury and upscale experience.
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As an affiliate of NÜ Car Rentals, Canadian-based Routes Car Rental opened its first U.S. rental location near Chicago O’Hare International Airport.
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Avis Car Rental’s updated mobile app — with its Avis Now features — has gained more than 250,000 users and logged more than 100,000 rental transactions since it launched in July.
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According to the Global Business Travel Association, total business travel volume for the U.S. is expected to advance only 1% in 2016 while spending is projected to fall by 0.6%.
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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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Now through Dec. 10, customers who rent for two consecutive days or longer can save up to 25% on their rental and receive two single-day tickets to a qualifying PGA TOUR tournament.
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