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April rates down, but it is too early to say that year-over-year upward trend has ended.
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In our monthly 6-city survey, March's rate quotes may signal an end to the substantial year-over-year increases that we have seen for the last five months.
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February, 2013 continued the trend of the previous three months, with a 6-city average rate quote $5.32 higher than a year ago.
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In the monthly 6-city survey, Boston and Chicago continued to have double digit year-over-year increases and only Seattle had a small decrease from last year.
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All six airport locations — Boston, Miami, Chicago, Houston, Seattle and Los Angeles — saw average year-over-year rate increases in December.
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November saw the first year-over-year increase since the six-city car rental rate survey began in May 2011.
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According to the car rental rate survey and analysis for October from Rate-Highway and The Tennant Group, rates at the six airports included in the survey continue to decrease on average compared to the same period last year, though the gap is narrowing.
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In the six-city car rental rate analysis by The Tennant Group and Rate-Highway, four of the cities were down compared to 2011, while Boston and Chicago were up. Chicago's rates showed the most strength.
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With the exception of Chicago, rates dropped an average of $9.84 for the five other cities in the survey: Boston, Miami, Houston, Seattle and Los Angeles.
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In spite of a promising spring, summer rates continue to disappoint. The six-city average July monthly rate quotes were again down from the same period last year.
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