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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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After the retirement of Gary Macdonald, Lippel assumes his seat on ACRA's board of directors.
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The international car rental company continues its expansion with a new location at Skopje International Airport.
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The Sixt managing board expects consolidated operating revenues to be between €2.0 billion and €2.2 billion (previously predicted between €1.95 billion and €2.10 billion). Despite the ongoing pandemic, the company’s mobility services have developed better than expected.
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At the recent International Car Rental Show, the heads of four independent car rental companies discussed staffing challenges, views on rental fleet electrification, and getting creative in sourcing fleet.
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Go Rentals bolsters its team with two new hires and the promotions of two others.
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The operator opened new stations in the Václav Havel Airport and in downtown Prague.
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The U.K.-based vehicle hire service is now part of the Free2Move Connect Fleet, digitally linking its 8,000 vehicles to the network.
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According to the American Hotel & Lodging Association’s survey, 69% of leisure travelers and 67% of business travelers plan to take fewer trips.
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Various industries, including car rental, have contributed to year-over-year consumer spending on credit and debit cards being up 21% nationwide.
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Columbus International Airport’s new rental car center will feature nine rental car companies.
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