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After two months of significant rate quote increases over the previous year, airport rates for October were down $0.65 or about 1.5%, almost flat year-over-year. Rates turned down for the middle two weeks in October, but they were up again the last week of the month.
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At a new venue and location near Orlando, the Auto Rental Summit welcomed car rental operators across the U.S. and overseas, including the United Kingdom, Brazil, Netherlands, and Canada.
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According to the Certify SpendSmart Report for Q3 2016, ride hailing (Uber, Lyft) now accounts for 52% of total ground transportation transactions — taxi, car rental, and ride hailing — while car rental accounts for 36%. Ride hailing is up from 46% in Q2.
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Enterprise Truck Rental has opened its first location in Hawaii. The Honolulu facility carries cargo vans, pickup trucks, flatbeds, and small box trucks.
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Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 third quarter financial results on Tuesday Nov. 8.
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National Car Rental is now offering complimentary Emerald Club Lounges to travelers at select U.S. airports. Travelers will have access to free Wi-Fi, charging stations, and tablets and TVs.
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Pincars Car Share has launched its carsharing service in downtown Richmond, Va., and also serves the Chesterfield area.
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Pricing for car and truck segments weakened heading into the fourth quarter, which is typical this time of year. Crossovers and SUVs led the way with the highest value decline last week — the full-size crossover/SUV segment fell 1.12%.
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This Department of Defense program addresses unemployment of military spouses by connecting them with more than 335 partner employers committed to recruiting, hiring, promoting, and retaining military spouses.
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Rate Pros assists car rental companies by assigning a revenue manager to monitor and support pricing operations.
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