The survey concluded that rental car rates across the country are significantly more affordable than last year, likely due to the COVID-19 pandemic.
RateGain analyzed rate data from airport locations in Europe, finding that advanced reservations for July are showing the first signs of recovery.
In the second Auto Rental News survey of independent and franchised operators in the U.S., 55% of respondents said revenue has decreased 75% to 100% since late February, while 56% reported a drop of volume of 75% to 100%.
The webinar will convene industry experts to discuss the current recovery of car rental in key global markets.
MarginFuel market data shows the average rates trending lower year over year through the first part of the calendar year.
Rates at New Zealand’s three major airports for the Christmas season are experiencing an average rate decrease of 1% compared to 2018, a strong season.
Rounding out the least expensive cities, were Miami ($24) and Orlando ($23).
A survey conducted by comparison website CheapCarRental.net found travelers New York City will pay $179 per day for the most affordable car.
Car rental companies’ recent fleet discipline is needed now more than ever.
The comparison comes up regarding consolidation and its ability to improve pricing — but it’s not apples to apples.