Avis Budget Group’s global revenue of $3.2 billion and net income of $774 million were not only the best second quarter revenue and incomes in the company’s history, but also the best in any quarter ever.
Sales into rental fleets for the first quarter of 2022 were the lowest since the first quarter of 2009, when the industry was in the throes of the Great Recession.
The on-demand car rental company launches its first Scottish airport rental location at Edinburgh Airport — the 54th location for the company — with plans to bring widen expansion into three countries in the coming year.
For Q4, Expedia Group’s recent travel report shows a growing appetite for travel and sustained demand for long-haul destinations.
Rental car companies will be cited if they rent vehicles to people who are supposed to be in quarantine.
The eccentric event sees teams race from a starting point to an end location, with the winning team receiving "a golden gas pump and $500 in loose change."
Moving to Miami this year, the sixth annual Auto Rental Summit featured new speakers, fresh topics, networking, and exhibit hall interactions. This year also included Fleet Forward Conference, an add-on event focused on smart mobility.
Many car rental companies — in the path of the total solar eclipse or nearby — saw an increase in reservations last weekend for travelers coming to view the coast-to-coast solar eclipse. A few operators describe their experience.
This year's conference moves to Miami and features a roster of new speakers as well as a collocated event — Fleet Forward Conference — dedicated to smart mobility solutions.
Peer-to-peer car rental companies claim they aren't the same as traditional car rental companies.
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