Six-City Survey: May Rates Rebound
Rate quotes in Rate-Highway’s six-city survey experienced the highest year-over-year increase since December, the second highest in survey history. Analysis of top 50 airports announced.

With the help of Jim Tennant of The Tennant Group and Michael Meyer of Rate-Highway Inc., we are conducting rate surveys on a weekly basis and providing analysis and comments where appropriate. We publish this monthly recap in our electronic edition and more comprehensive looks in the print editions.


Click graphs to see in a larger view.
The year-over-year increases that began in November 2012 flattened in March and turned slightly negative in April. However, as we observed last month, a closer examination of the individual cities and the weekly quotes raised the possibility that the downturn was only temporary and not the start of a new trend.
Sure enough, in May 2013, the six-city average rate quotes were up $9.33 over May 2012. Each of the six cities showed a significant increase, something that has happened only once before since we started this survey. Seattle showed a remarkable $20.98 increase, surely good news for its Seattle RAC managers after the disheartening decreases in the summer of 2012.
Top 50 Market Analysis
When we started these surveys two years ago, it was our intention to provide Auto Rental News readers with a look at rates and rate trends in a small sample of cities that covered most types of airport markets. We understood that six cities could not be representative of the market in a statistically significant way, but we felt that the look provided would be useful.
Based on feedback from readers, we can say that it has been. However, this column has become very widely followed not only by industry members and by those outside the industry, but also by those who follow it closely such as investment analysts.
Therefore, we have decided to start surveying a much broader sample of cities. Starting in mid-May, Rate-Highway began pulling rates for the top 50 airport markets. We will not be able to provide a meaningful analysis until we have 13 months of data from the 50 cities, so we will continue the six-city survey for a year and will occasionally compare the 50-city month-to-month changes with the six-city ones.

Rate data provided by Rate-Highway, a leading provider of revenue management services for the auto rental industry. Rates are an average of aggregator/OTA rates for all vendors present in the markets listed on the survey's date. These tables and graph show the average of all base rate quotes per day for an ICAR at the six airports shown, for arrivals 15 to 21 days ahead of the survey's date, for two-day and seven-day rentals.
More Rental Operations
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 →
Stellantis Recalls 1.3 Million Jeep Vehicles Worldwide Over Fire Risk
Stellantis is recalling more than 1.3 million Jeep Wrangler and Gladiator models worldwide over a fire risk linked to power steering pump wiring.
Read More →
Green Motion And U-Save Open Rental Operations In Guatemala
The brands will open their first rental car outlets in the country at La Aurora International Airport in Guatemala City.
Read More →
U.S. Business Travel Drives $623 Billion+ in Economic Impact as Spending Reaches $538 Billion
The data also underscores the industry’s strong multiplier effect across the U.S. economy, revealing that each dollar invested in business travel in 2024 generated $1.16 in GDP.
Read More →
Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
Read More →Grow Your Rental Business Beyond Cars
Rental fleet operations are facing numerous evolving challenges and opportunities from AI technology to rate and revenue management, to customer service and business growth.
Read More →
Using AI to Create Clarity, Not Conflict, in Rental Car Damage
Rental companies still need people, policy, judgment, and thoughtful implementation, with operators remaining in control of the customer experience.
Read More →
Get Ready To Roll: No Stopping Self-Driving Rental Cars
The autonomous mobility technology revolution will move at its own pace, but sooner rather than later.
Read More →
