MENU
SEARCHIn proposals for five-year contracts with the airport, Avis, Enterprise, National and the Hertz Corp. reported the total minimum annual guaranteed revenue will decrease 9% to $1.3 million, according to The Gazette.
According to The Gazette, the Eastern Iowa Airport expects to receive 9% less revenue from its rental car providers, including Avis and Budget, Enterprise Rent-a-Car, National Car Rental and Alamo Rent A Car and The Hertz Corp., over the next five years.
Don Swanson, airport director of finance and administration, said the four companies submitted proposals for five-year contracts with the airport. The total minimum annual guaranteed revenue decreased from $1.4 million to $1.3 million.
The airport will receive additional revenue under the terms of the agreements if rental car traffic picks up in the later years of the contracts, Swanson said.
View the full article from The Gazette by clicking on the URL:
http://thegazette.com/2013/02/25/eastern-iowa-airport-to-receive-less-rental-car-revenue/
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 →
A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.
Read More →
The integrated business model combines each operator’s local expertise with international standards to boost sales.
Read More →
The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.
Read More →
Revcuity, an outgrowth of Frontline Performance Group, aims to help clients capture more revenue moments with face-to-face customers, including in the car rental space.
Read More →
Martin Romjue has been editing and reporting for ARN since 2023 and fully transitioned to the role of chairman of the International Car Rental Show in 2026.
Read More →
