As part of an expanded agreement with parent company Avis Budget Group, AARP members who choose Payless Car Rental will now receive a free upgrade on compact through full-size car rentals and waiver of the additional-driver fee.
A $2 million car rental complex is expected to be added to Florida’s Port Canaveral. The complex will be able to hold three car rental companies and a total of 571 vehicles.
Due to an increase in rental days and the addition of Zipcar and Payless, Avis Budget Group Inc. has reported its fourth quarter 2013 revenue of $1.8 billion, a 9% increase compared to the fourth quarter in 2012. For the year, Avis reported revenue of $7.9 billion, an increase of 8% compared with 2012.
Avis Budget Group Inc. has expanded its exclusive, multi-year agreement with AARP to include Payless Car Rental. AARP members will now receive discounted rates and special offers on Payless rentals.
Philadelphia’s off-airport Payless Car Rental has recently moved to a new facility with upgraded materials including green features.
Industry stalwarts Jim Shapiro and Ken Elder share musings from an earlier time in car rental. It becomes clear that much of their wisdom is applicable today.
Looking at the first half of 2013, rates are up and the used car market is down but stabilizing. Pay attention to developments that portend the long-term future of car rental.
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