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Avis Adds 10 Percent Revenue in Q1

Avis Budget Group Inc. has reported its first quarter 2014 revenue of $1.9 billion, a 10% increase compared to first quarter in 2013. This is primarily due to a 6% increase in rental days and the acquisitions of Payless and Zipcar.

Budget UAE Wins World Travel Award

The World Travel Awards were presented in Dubai. Photo via Wikipedia.

Budget Rent a Car won the “UAE’s Leading Car Rental Company” award at the 21st World Travel Awards. The Middle East Gala Ceremony was the first round on the annual World Travel Awards Grand Tour — winners qualify for the Grand Final to be held later this year.

Brazil Business Travel to Hit $37B in 2014

View of Brazil's Rio de Janeiro. Photo via Wikipedia.

Despite two quarters of weaker economic growth in 2013, business travel spending in Brazil is expected to expand 12.5% to $37 billion in 2014 and another 5.9% in 2015, according to the Global Business Travelers Association (GBTA) Foundation.

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