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Mytripcar.com, a new car rental comparison site, says it shows the “real cost consumers will pay for their car rental, including hidden costs usually found in the terms and conditions.”
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For the first time since July 2014, airport rates were up back-to-back months: in April at $0.59 and in May at $3.79. Denver had the highest average quote at $66.82 while San Diego had the lowest rate at $34.17.
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For the first time in five months, April airport rates were up — up $0.59 overall. The Northeast continued its large year-over-year declines while the Southeast, Southwest, and Northwest were up in the $4 to $5 range.
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In March, the average airport rate quote was only down 81 cents from March 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The Northeast region declined $11.71 year-over-year while the Midwest, Southwest, and Northwest regions were all up.
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In February, the average airport rate quote was only down $1.42 (2.8%) from February 2015, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Rates in the Northwest and Midwest regions were up, while the Northeast was down $9.82.
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Average rental rates dropped to a national average base-rate of $38.88 per day, a 5% decrease in 2015, according to Travel Leaders Corporate’s data from fourth quarter 2015.
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In January, all five regions experienced drops in airport rates, but the Southeast and Northeast were both down by double digits, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for January was down $6.11.
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In December, the average rate quotes were flat the first two weeks but dropped an average of $12 during the last two weeks of the month, according to The Tennant Group and Rate-Highway’s 50-City rate survey. The average rate for 2015 is down $4.22 from 2014.
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During the year-end holidays, AAA projects 100.5 million Americans will journey 50 miles or more from home, an increase of 1.4% from the 98 million people who traveled last year.
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As Europe finally exits a tough economy, market fragmentation, pricing pressures and difficult business conditions pose challenges to growth.
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