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ArticlesJuly 1, 2009

Improving Revenue Management in An Economic Downturn

To compete in this challenging fiscal climate, your company must adopt rate management strategies that reflect a more flexible booking policy, be able to take advantage of walk-up business and establish a unique market position.

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Articlesby Chris BrownJuly 1, 2009

Editor’s Corner: Embracing the 60,000-Mile Rental Car

There are signs of a philosophy shift toward higher-mileage rental cars.

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NewsJune 30, 2009

ACRA Discusses 'Cash for Guzzlers' Bill

The following was written by Bob Barton, president of ACRA, regarding the recent “Cash for Guzzlers” bill.

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NewsJune 26, 2009

Rental Car Sector Reports a Surge

Hertz, Avis Budget, and Dollar Thrifty Shares are up due to people “staying local when they travel.”

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NewsJune 25, 2009

Hertz Announces Earnings Guidance for 2nd Quarter & Full Year 2009

For the second quarter 2009, the company forecasts worldwide revenues in the range of $1.70 to $1.75 billion, Corporate EBITDA in the range of $260 million to $270 million, adjusted pre-tax income in the range of $65 to $70 million and adjusted diluted earnings per share in the range of $0.09 to $0.10.

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NewsJune 24, 2009

Avis Budget Group Partners with Virgin America Elevate

The joint venture will allow Elevate members who rent from Avis to receive a 25 percent discount, while those renting from Budget will get up to a 40 percent discount.

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NewsJune 24, 2009

Coalition Speaks Out on Behalf of N.J. Car Rental Customers

The Coalition Against Discriminatory Car Rental Excise Taxes opposes New Jersey Senate Bill 2299/Assembly 4048, which includes a stealth provision allowing certain municipalities to impose up to a 5 percent excise tax on car rentals.

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NewsJune 24, 2009

Atlanta Airport Car Rental Bonds Downgraded

Factors include customer facility charge rates given the project's higher-than-anticipated construction costs and the recent downturn in rental car transactions.

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NewsJune 24, 2009

New Services Keep Sixt on the Forefront of Technology

Auto rental provider Sixt AG offers several new technology services for its customers, including BMW ConnectedDrive, a new BlackBerry application to help customers book rentals and an expanded version of the iPhone application, now available in 15 languages.

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NewsJune 18, 2009

Coalition Opposes Wisconsin's Pending Car Rental Excise Tax

The Coalition Against Discriminatory Car Rental Excise Taxes opposes Wisconsin Legislature's proposed $18 car rental excise tax.

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