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Hertz, Avis, Enterprise sue Chicago over bidding for new O’Hare facility
TransportHertz Corp. and Avis Budget Car Rental LLC are among four car rental companies suing the City of Chicago over the bidding to occupy a new facility to be built at O’Hare International Airport. The third-biggest U.S. city and its Aviation Department are requiring the companies to guarantee payment of rising facility construction costs and [...]
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What a $24 billion car rental market means to the U.S. travel economy
TransportWhat are car rental companies’ roles in the travel economy? They support the domestic automotive industry, provide transportation for urban locals and travelers, support tens of thousands U.S. jobs, and foster career growth. This, according to one executive at Enterprise Holdings, the world’s largest car rental company in terms of revenue, fleet, and employees. Bryan [...]
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Enterprise Rent-A-Car demonstrates the power of keeping a company private
TransportEnterprise Holdings Inc. managed to become the world’s largest rental-car company by sales without actually spanning the globe. The chief executive officer says he knows that has to change. Until recently, there wasn’t an Enterprise rental counter in China, Spain or France. Malaysia and Korea, a couple of the world’s fastest growing markets, remain untapped. [...]
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Hertz’s plans to beat Enterprise in the off-airport car rental market
TransportEnterprise controls about 80% of the off-airport car-rental market in the U.S., but Hertz has big plans to strengthen its position using newly acquired Dollar Thrifty. Off-airport is an $11 billion market in the U.S. — about as large as airport rentals — but Hertz currently only has about 12% market share, says CFO Elyse [...]
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Car rental companies are winning the travel industry’s popularity contest
TransportAmerican travelers are increasingly dissatisfied with the nation’s airlines, but they seem pretty happy with the country’s car rental companies. For the first nine months of this year, the U.S. Bureau of Transportation Statistics got 12,145 consumer complaints about airline services, up 33.5 percent from a year earlier. Based on complaints filed in September alone, [...]
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Enterprise to introduce touch-screen self-service kiosks at 50 U.S. airports
TransportFor the first time, Enterprise Rent-A-Car customers are now able to bypass a rental counter at some airports with the addition of new self-service kiosks. Enterprise’s parent company, Clayton-based Enterprise Holdings, is adding new touch-screen kiosks at 50 U.S. airports to cut down on check-in times. Enterprise installed its first new kiosk in Orlando in [...]
