As industries try to recover economically from this past year, the car rental industry might see more business owing to the trend to “user-ship” over ownership.
Overall revenue of $23.22 billion lowest since 2011; year-over-year drop unparalleled.
Throughout the five days, seminars and discussions focused on a variety of issues, from the COVID-19 pandemic and travel restrictions, to the battle over independent contractors and customer engagement.
Updated with car rental data twice a month, the free tool is divided into regions: France, Mediterranean, Europe, Caribbean, and Indian Ocean.
Sixty-eight percent of people traveling to Lithuania are most likely to trust the German manufacturer to get them around on their holidays, with a fifth of all rentals being the VW Polo.
The car rental market in Turkey has recovered somewhat as travelers utilize leasing to avoid public transportation during the pandemic.
While app-based and contactless rentals have increased during this pandemic, your customers still want and need to engage at your location. How well you interact sets your business apart.
From increased rental deliveries and CDC-level germ eradication standards to a newfound connection with customers, car rental won’t be the same “After Coronavirus.”
In Brazil, the local vehicle leasing business has dropped by 25%, while the Brazilian car rental industry has taken a 90% hit.
Rate Gain analyzed rate data from over 28 U.S. markets pre-coronavirus pandemic (Jan 1 to Feb. 28) and after onset of the pandemic (March 1 to April 30). Remarkably, some markets have shown an overall gain, in the early days of the pandemic at least.