From chip shortages to travel demand post-pandemic, it's been a turbulent time for rental operations lately. Now, more cars are coming, supply is returning, and growth should return in about six months. So, how can you get ready?
Rental Car Prices Surge in High-Demand Tourist Areas
With travel booming in warm-weather destinations and a shortage of rental vehicles due to the pandemic, some travelers are facing rental prices of more than $300 a day – or up to $500 a day in certain high-demand areas.