The Norwegian cities of Oslo and Trondheim and Reykjavik, Iceland, ranked as the most expensive cities to rent cars in Europe, according to a survey by CheapCarRental.net.
Perfect Price, the artificial intelligence company for pricing, has announced four rent-a-car pilots and a goal of 10 active pilots globally by the end of September. Additionally, Michael Kane has been named to the company’s advisory board.
July was the second month of strong year-over-year rates, up $6.48 from a year ago. The Northeast region had the highest rates with an increase of $15.17.
After six straight months of negative comparisons, June airport rates were up $6.37 over last year.
During the upcoming Independence Day holiday weekend, a record-breaking 44.2 million Americans will travel 50 miles or more from home, according to the “AAA Independence Day Travel Forecast,” a 2.9% increase of those people who traveled last year.
The most recent brand, nationwide, regional, and top 50 airport rental rate survey results will now be provided to subscribers every week for a moderate fee.
Since 2003, easyJet customers have rented a car with Europcar and have taken advantage of exclusive rates on rental services, including the lowest price guarantee.
The comprehensive pricing solution combines Rate-Highway’s rate automation technology and the artificial intelligence capabilities that Perfect Price brings to the industry.
In May, the rate quotes were down $1.44 — the sixth month in a row that rates have been down. The Northeast and Midwest regions were up $8.39 and $6.16, respectively. Boston had the highest average rate quote of $94.13.
During the upcoming Memorial Day holiday weekend, AAA projects that 39.3 million Americans will travel 50 miles or more from home, an increase of 2.7% travelers than last year.
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