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In this survey of independent and franchised car rental operators in the U.S., 58% report a decline of gross revenues of more than 75%, with 17% reporting a 100% decline, essentially as a result of suspending operations.
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These findings were gathered from the April 7 webinar “Navigating the CARES Act for Small- and Medium-Sized Businesses with Fleets.”
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The car rental software provider will perform a full analysis of the client's website, evaluating the user experience and search engine optimization.
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Due to COVID-19, countries around the world have implemented strict travel restrictions or have closed their borders.
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The fairgrounds, which has 7,000 parking spots, received the vehicles under three separate 30-day contracts totaling $70,000.
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In Brazil, the local vehicle leasing business has dropped by 25%, while the Brazilian car rental industry has taken a 90% hit.
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The free of charge car rental “Front Line Heroes” Program from Executive Car Rental includes healthcare workers, police officers, ambulance and EMT staff, and fire departments.
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As car rental is not considered essential travel in the Bahamas, Benjamin Davis of Drive Green Car Rentals says his only remaining business is a handful remaining long-term customers.
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While employees are furloughed they will still have access to healthcare, and will be eligible for unemployment benefits.
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The fire started in the rental car overflow area used by car rental companies serving Fort Myers Southwest Florida International Airport.
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