Articles tagged “avis budget”

News Blog

Amazon Debuts Cyber Week Travel Deals

Amazon launched what one executive said was its "first-ever" Cyber Week Travel Deals. Amazon's travel deals hub offered sales from the likes of American Airlines, Disney, Universal, Budget, Choice, Avis, IHG and Carnival, for example. American Airlines, for instance, was offering a Black Friday deal of $89 for a one-way Philadelphia to Charlotte flight on…

News Blog

Business Travel Car Rental Demand Now Above 2019 Levels For Avis-Budget

That's according to Avis-Budget's Q1 earnings release this week. In the earnings call, Avis Budget CEO Joe Ferraro said that "in the latter part of the first quarter, we've seen the commercial demand improve as well, to points above 2019 level during the same period that quarter." That gives another indication of the strong return…

Ground Transport

Avis Defies Skeptics With Stellar Quarter as Vaccinated Drivers Hit the Road

Avis has gotten an enormous boost from more people getting back on the road, and adding electric vehicles to its fleet could help give the company another huge source of revenue.

Avis Defies Skeptics With Stellar Quarter as Vaccinated Drivers Hit the Road

Online Travel

Travel-Tilting Hedge Funds Are Investing in Airlines and Online Travel Agencies

Follow the money — at your own risk, of course. These two hedge funds are putting their money in airline and online travel agency stocks, often investing in competitors. Rising tides lift all boats, after all.

Travel-Tilting Hedge Funds Are Investing in Airlines and Online Travel Agencies

Ground Transport

Rental Car Execs Say Business Is Strong Despite Brexit and Terror

Car rental companies have bounced back in the last year by becoming smarter about how they reach customers and invest in technology.

Rental Car Execs Say Business Is Strong Despite Brexit and Terror

Ground Transport

Avis Budget CEO Maps Vision for Challenging Uber and Lyft

Getting mobile self-service rentals to market quickly is clearly in the best interest of Avis Budget as business travelers prefer the swiftness of mobile as the company saw weakness with its commercial rentals during the fourth quarter.

Ground Transport

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals

Business travelers want convenience above all else and that's something rental car companies aren't the best at delivering, especially on their outdated websites that don't offer user-friendly experiences.

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals

Ground Transport

Avis Budget CFO Weirdly Cites 3 Acquisitions in Process

You gotta love it when big companies speak of "tuck-in" acquisitions. One acquisition that Avis Budget is close to nailing would be for more than $50 million, and that's larger than its acquisition of Payless last year. Small, inconsequential stuff in the world of Avis Budget, and M&A.

Avis Budget CFO Weirdly Cites 3 Acquisitions in Process

Ground Transport

Avis Budget’s Zipcar Going Mainstream With Business Travelers

In certain settings and circumstances, and that includes airports and business travel usage, Zipcar is turning out to be an attractive option. Hey, even AARP members are getting on board.

Avis Budget’s Zipcar Going Mainstream With Business Travelers

Ground Transport

Zipcar and SiriusXM Radio Help Avis Budget Post Stronger First Quarter

Zipcar accounted for only about 3.6% of Avis Budget Group's revenue in the first quarter of 2014, but Zipcar is growing and the proverbial synergies appear to be kicking in.

Zipcar and SiriusXM Radio Help Avis Budget Post Stronger First Quarter