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For the first quarter 2017, Hertz Global Holdings Inc. reported declines in revenue and earnings. Hertz’s total revenues were $1.9 billion, a 3% decline year-over-year, while adjusted earnings were negative $110 million — compared to positive $27 million in Q1 2016.
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The Hertz franchise on St. Barts is giving vistors an hourly, self-service option to see the island, which in turn gives the business a competitive advantage in a crowded market.
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Hertz Global Holdings Inc. will host a live webcast discussion of its 2017 first quarter financial results on May 9.
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The new program provides corporate customers worldwide with the opportunity to reduce the carbon footprints associated with their vehicle rentals through the purchase of carbon offsets.
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Using Rent Centric’s app-based, self-service carsharing platform, the Hertz licensee on the Caribbean island of St. Barts allows customers to access the rental vehicles through an app.
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The Hertz Corp. and the Arnold Palmer Invitational have signed another four-year partnership agreement for Hertz to be the official rental car sponsor of the PGA TOUR tournament.
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Hertz UK has launched its rental service from Sofitel London Gatwick Hotel, becoming the only car rental company to have fleet available at the airport's North Terminal.
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Partnering with Blacklane, Hertz Driver Services will offer airport transfers, limousines, and chauffeur services to customers in Europe.
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For full-year 2016, Hertz Global Holdings Inc. has reported total revenue of $8.8 billion, a decrease of 2% from $9 billion for 2015. In 2016, Hertz’s net loss was $474 million compared to $115 million in 2015.
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As part of the agreement, Air France passengers will receive up to a 15% discount on Hertz basic car rental and up to a 10% discount on Thrifty and Firefly basic car rental, worldwide.
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