Articles tagged “car rentals”

Rental Car Companies Have Inched Their Way Back From the Brink

Rental Car Companies Have Inched Their Way Back From the Brink

Andrew Sheivachman, Skift

Now that the car rental giants have sold off their extra cars, they can focus on continuing to grow revenue. But is there really a long-term future for rental cars in a world that has embraced ridesharing?

5 days ago

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Andrew Sheivachman, Skift

Car rental giants are working to reduce fleet size following a period of reduced demand. But as ridesharing continues to grow in popularity on a global scale, these companies need to get creative about what the future of on-demand transportation really looks like.

6 months ago

5 Travel Startups Rethinking Car Rentals Beyond Sharing

5 Travel Startups Rethinking Car Rentals Beyond Sharing

Sean O'Neill, Skift

A cluster of comparatively under-the-radar startups have caught our notice: Two let travelers book specific cars on lots rather than broad vehicle categories (like "compact"), two are bringing metasearch to car rentals, and one is a hidden jewel of Hawaii's tech scene.

9 months ago

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Dennis Schaal, Skift

A next step for Rideways, if it really wanted to get out front, would be to transition to an on-demand service and start recruiting drivers, but being part of a public company, the Priceline Group, Rideways has to be very cautious about regulatory issues. That's sort of like trying to be a disruptor -- or a hedge against disruption -- with one hand tied behind your back.

11 months ago

Report: North American Vacationers Are Still Renting Cars in Europe

Report: North American Vacationers Are Still Renting Cars in Europe

Andrew Sheivachman, Skift

So far, it looks like safety and security concerns won't deter North American travelers from renting cars in Europe this summer. This could change once Q2 bookings data are released, though.

2 years ago

Avis Budget CEO Maps Vision for Challenging Uber and Lyft

Avis Budget CEO Maps Vision for Challenging Uber and Lyft

Daniel Peltier, Skift

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.

2 years ago

Opinion: Better Understanding Uber’s Big Potential

Opinion: Better Understanding Uber’s Big Potential

Rani Molla, Bloomberg

It's wise to remember that some of those talking up Uber's potential have a vested interest in the company's success.

2 years ago

4 Charts Showing Car Rental Companies’ Growth in 2015

4 Charts Showing Car Rental Companies’ Growth in 2015

Dan Peltier, Skift

Rental car companies saw improvements in revenue and fleet sizes during 2015 and probably feel optimistic about the U.S. economy's continued recovery and increased American travel projected for this year. But they should hold off on celebrating until they demonstrate how they'll make renting cars easier and more mobile friendly in a world where Uber is a frequent alternative to rentals.

2 years ago

Hertz Doubles Cost-Saving Target as Additional Financial Errors Emerge

Hertz Doubles Cost-Saving Target as Additional Financial Errors Emerge

Mark Clothier, Bloomberg

As Hertz’s financial errors pile up, it’s become difficult for Hertz to be held accountable for its past or future putting the company in a stagnant position as it stabilizes and resolves its reporting woes.

3 years ago

Expedia Acquires European Car-Rental Site Auto Escape Group

Expedia Acquires European Car-Rental Site Auto Escape Group

Dennis Schaal, Skift

The merger and acquisition frenzy in the travel industry continues apace, and Expedia's acquisition of the Auto Escape Group will enhance Expedia's global competition with the Priceline Group.

3 years ago

5 Most Expensive U.S. Cities for Car Rentals

5 Most Expensive U.S. Cities for Car Rentals

John Taylor, Las Vegas Sun

Car rentals are having a good year as air travel and rental demand increase; therefore, it is likely that these rates will continue to rise as travel rebounds.

4 years ago

Car Rental Companies Discover Surprisingly High Demand for Luxury Vehicles

Car Rental Companies Discover Surprisingly High Demand for Luxury Vehicles

Michelle Rindels, Associated Press

Car rental companies expect the jump in demand has less to do with the rebounding economy and more to do with the companies realizing the unmet demand for luxury rides.

4 years ago