MENU
SEARCHRates, which showed a normal seasonal decline in October, are an average of aggregator/OTA rates for all vendors present in six cities: Miami, Boston, Orlando, Houston, Seattle and Los Angeles.
Rate data provided by Rate-Highway, a provider of revenue management services for the auto rental industry.
With the help of Michael Meyer of Rate-Highway Inc. and Jim Tennant of The Tennant Group, Auto Rental News publishes monthly auto rental rate surveys for six major cities. This survey is dated Nov. 8. Analysis and commentary provided by Jim Tennant of The Tennant Group.
In the monthly six-city analysis for October, rates showed a normal seasonal decline, though rebounded at the end of the month to rival the best in September.
Rate data provided by Rate-Highway, a provider of revenue management services for the auto rental industry.
October rates were down slightly from September, but showed a nice uptick toward the end of the month with the Oct. 28 pull (for pickup 2 to 3 weeks out) at the same level as the best pulls in September.
Rates are an average of aggregator/OTA rates for all vendors present in the markets listed on the date of the survey. These tables and graph show the average of all base rate quotes per day for an ICAR at the 6 airports shown, for arrivals 15 to 21 days ahead of the date of the survey, for 2 and 7 day rentals. If the arrival date is a Friday or Saturday, the 2 day rate will be a weekend rate, otherwise it will be a regular rate.
(Click graph to enlarge for a weekly breakdown.) The first week’s pull in October was the lowest, with each subsequent week slightly higher. Hopefully the trend will continue through November. Looking at September to October by city, Boston, Houston and Seattle fell off, Chicago and Los Angeles were relatively flat and Miami showed a major increase.
Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.
Read More →
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
