Avis First Quarter Revenue Up 7%
NEW YORK –- Avis' revenue in the first quarter was up 7% compared to the same period last year, according to Cendant's quarterly report. Avis generated $625 million in revenue, compared to $582....
NEW YORK –- Avis' revenue in the first quarter was up 7% compared to the same period last year, according to Cendant's quarterly report. Avis generated $625 million in revenue, compared to $582.77 million in the first quarter of 2003.
The average length of rental dipped 2%, from 3.7 days in 2003's first quarter to 3.62 days. Daily dollar average climbed 5%, from $39.93 to $41.80. Rental day sales volume increased 2%, from 13.09 million to 13.34 million.
Budget's first-quarter truck rental revenue was down 15%, dropping from $108.34 million to $91.88 million. Car rental revenue fell 2%, from $290.14 million to $284.13 million. Total revenue from car and truck rental was down 6%, from $398.49 million to $376.02 million.
Budget's average length of rental for the quarter was 4.09 days, compared to 4.12 days in the same period in 2003. The daily dollar average rose 1%, from $35.64 to $35.88. Car rental day sales volume dipped 2%, from 6.75 million to 6.65 mil-lion.
More Rental Operations

Rental Car Fleet Sales Show Mid-Year Strength
June gains ensured rental fleets closed out the first half of 2026 in positive territory.
Read More →
Surprice Mobility Opens Corporate Rental Station at Milan Malpensa Airport
The Milan opening is part of Surprice Mobility's broader strategy to expand its corporate operations while increasing the use of technology across its network.
Read More →
Brazilian Executive MBA Targets Growing Domestic Rental Car Industry
Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.
Read More →
Green Motion Expands Into Japan With Master Franchise Agreement
Japan's tourism industry, business travel market, and demand for vehicle rental services are reasons the country represents an important market for the company.
Read More →
ACRA Carrying Fuller Industry Load As AI and EVs Lurk In Future
The leading car rental professional business group details an active legislative, regulatory, and macro-trends agenda affecting car rental operators.
Read More →
World Cup Travel Data Shows Longer Car Rentals and More One-Ways
A recent analysis of FIFA bookings found varied demand patterns that influenced rental car pricing.
Read More →
A Leveling Force: AI Morphs Into A Rental Car Profit-Seeker
Revenue managers can’t match the emerging AI tools gobbling lots of data that could counter the competitive race to the rate bottom.
Read More →Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →
DriveItAway, Free2move Plan Shared Fleet Program for Independent Rental Fleet Operators
Vehicles would be placed with participating rental operations to support car renter demand and provide additional fleet capacity.
Read More →
