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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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Vugo, a Minnesota-based technology startup that delivers targeted advertisements and video content in ride-share vehicles, has sued New York City over its ban on ride-share advertising. The company alleges the ban violates freedom of speech.
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As part of the agreement, guests of Universal Parks & Resorts will receive discounted rates and special offers from Avis Car Rental and Budget Car Rental.
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Zipcar will be bringing a two-year carsharing pilot program to Santa Monica, Calif., by the end of the year.
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More than 70 attendees participated in Mex Rent A Car's annual convention in Guadalajara.
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Although U.S. business travel spending will increase by 3.1% in 2015, the global oil price collapse and economic weakness in China, Russia and the Middle East will reduce the outlook for growth in 2015 and 2016, according to a Global Business Travel Association report.
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Avis Car Rental has added thousands of model-year 2016 vehicles to its U.S. rental fleet, including the Toyota Land Cruiser, Chevrolet Camaro SS and Mercedes SLK Coupe.
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Brian Casebolt, Hertz’s vice president of merchandising and ancillary revenue, has been recognized on the 2015 OUTstanding & Financial Times Top 100 Leading LGBT (lesbian, gay, bisexual and transgender) Executives List.
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Silvercar received the award for North America’s “Leading Car Rental Company” at the 22nd Annual World Travel Awards.
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Throughout 2015, Zipcar has expanded to include 100 more colleges and universities across North America, bringing its total to more than 500 campuses.
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Hertz Global Holdings has won multiple awards this year in various categories, including the Women’s Choice Award and the 2015 Business Traveler GlobeRunner Award.
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