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ACRA seeks the funds to allow airports to provide minimum annual guarantees (MAGs) and rent relief for airport concessionaires.
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The $900 billion pandemic relief/economic stimulus package includes MAG relief, potential CERTS grants, and another PPP loan opportunity for smaller car rental companies. ACRA also announces new members.
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The plan includes waiving dues for ACRA members with 399 vehicles or fewer and the creation of ACRA Army to defend the industry at the state and federal government level.
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President-elect Biden’s core political philosophies are very different on almost all subjects when compared to President Trump, and ACRA members likely will see new and perhaps unwelcome policy initiatives in 2021 that have been dormant for at least 4 years.
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Speakers from J.D. Power outlined surprising findings related to COVID-19 while ACRA outlined a member offer and 2021 priorities. We learned how car rental rates are shaping up and to not let our guard down on Graves protections.
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The American Car Rental Association welcomes new operator members Ubly and Orlando Rentco, as well as associate members Full Service Transport, Wunder Mobility, and Enterprise Risk Management.
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The American Car Rental Association found that rentals at airports decreased between 50% and 80% since March 2020, causing many companies to face financial hardship. (Updated Oct. 7)
Read More →While the White House and House Democrats trade jabs over a compromise 4.0 pandemic bill, ACRA is pushing for airport MAG relief and rent abatement, a liability reform bill, and a payroll tax credit for pandemic-related cleaning supplies and facility modifications.
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Bill Plamondon and Gary Macdonald are stepping down as president, treasurer. Sharky Laguana assumes presidency, William Harris as treasurer.
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Membership in the American Car Rental Association is more crucial than ever to help car rental companies navigate the Stimulus 4.0 or CARES 2.0 packages, airport concessionaire relief, and liability protection.
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