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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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eHi Car Services Limited, a car rental and car services provider in China, has announced that it has entered into an up to $150 million syndicated loan facility agreement.
Read More →Najd Rent-a-Car, a UAE-based car rental company, has announced the opening of its second branch in Dubai.
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August rate quotes showed some strength, up $2.81 or 7% from August 2015. Hertz and National had the highest weekly average rates when comparing the eight major brands.
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Nominations for the 2016 Auto Rental News Professional of the Year Awards are due by Sept. 12.
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Revenue Analytics can help rental companies improve their ancillary revenue sales by determining which products to combine, who best to offer them to, and what to charge for them.
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Enterprise Holdings held a global franchise meeting in St. Louis for its franchise representatives from more than 85 countries and territories.
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Franchise Services of North America Inc. (FSNA), franchisors of the U-Save brand, has announced its financial results for the quarter ended June 30, 2016.
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Through this annual promotion, National Car Rental allows its Emerald Club loyalty members to earn free days by renting vehicles.
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In seven months, GM’s Maven carsharing program has expanded to five U.S. cities with 4.2 million miles driven.
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Enterprise Rideshare, which launched in Hawaii last year, is partnering with the City and County of Honolulu to help reduce local traffic congestion and carbon emissions.
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