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Utilization

Start Forming Your Mobility Strategy Now

When we’re in the middle of a hype maelstrom, it’s hard to separate the fads from the revolutions. Fleets don’t need to be first adopters, but those forming their strategies now will able to take advantage of the truly transformative solutions.

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CarHopper Launches Car Rental Platform

Miami-based startup CarHopper is a car rental booking platform that connects car rental companies with those looking to rent a vehicle. Since its launch in early 2016, it has raised $500K in funding.

PurCo Win: What Now?

The Colorado State Supreme Court ruling in PurCo v. Koenig was a major victory for the car rental industry regarding the ability to collect loss-of-use damages. But the fight is far from over.

Charging for No-Shows Could Improve Profits

Analysis by Northcoast Research reveals that implementing policies to reduce no-shows could help Avis Budget eliminate potential loss of up to $9 million annually and instead generate profits of up to $13.3 million. This excerpted analysis was published by Northcoast Research, an institutional equity research firm that specializes in car rental, among many other industries.

Thriving in the New Economy

While rentals are down 10-15 percent, operators are aggressively adapting to new market conditions and reaping the rewards.

5 Key Factors Driving Effective Rate Management

In a down economy, implementing a revenue management strategy that addresses potential customers, fleet utilization, advance reservation build and competitors’ constant price fluctuations is more essential than ever.

Hertz Goes Big With Car Sharing

Hertz says it will profit from its car-sharing venture by adding standard in-car technology, exploiting untapped markets and leveraging the company’s considerable economies of scale.