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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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On June 21, ACE Rent A Car celebrated the grand opening of its new location near Orlando International Airport. The move onto a five-acre property is an upgrade for ACE’s 1,200-vehicle rental operation.
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After launching two and a half months ago, BMW’s ReachNow carsharing service has expanded its Home Area in Seattle and has added 150 MINI Clubman vehicles to its fleet.
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For the quarter ended Dec. 31, 2015, Franchise Services of North America Inc. reported revenue and profit as $2,690,636 and $375,582, respectively.
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Partnering with the Cape Code Regional Transit Authority, Zipcar will offer two of its carsharing vehicles at the Hyannis Transportation Center. It also added two vehicles in Falmouth, Mass.
Read More →North Carolina’s New Bern Airport is considering charging car rental customers a new fee to help pay for improvements at the airport.
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According to a survey by Auto Europe, 40% of North Americans plan to visit Europe in the next 12 months as part of an annual trip. And of those travelers, 56% will book their rental car two or more months in advance.
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This platform helps expedite the claims process by allowing rental managers to keep a diary of everyone contacted and attach files such as claims forms or rental forms.
Read More →Avis Antilles (Martinique and Guadeloupe) has been named "Licensee of the Year" for Latin America and the Caribbean.
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Depicted as AirBnB for cars, Carhood offers peer-to-peer carsharing at the airports in Melbourne and Brisbane. Customers receive free airport parking as well as the chance to earn money when renting out their unused cars to other Carhood members.
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Brazilian Rent a Car (BRZ Rent A Car), a new car rental brokerage site, has launched in Brazil. The car rental network rents cars from suppliers in 25 Brazilian cities.
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