WESTMINSTER, Col. -- Travel management company RADIUS has given Budget Rent a Car Corp. the company's Global Preferred Supplier of the Year Award.

Radius annually gives the award to the supplier that best "demonstrates exemplary spirit and commitment to increasing the global buying power of the RADIUS network."

"We are honored to receive this accolade from RADIUS," said Lisa Leed Dymek, Budget's vice president of travel industry and group sales. "Budget and RADIUS are both progressive companies that are always looking for new, inventive ways to better serve the travel market."