Articles tagged “hertz”

Business Travel

7 Amex GBT Takeaways Revealed in Its $5.3 Billion SPAC Deal

Ahead of going public, Amex GBT has provided a compelling argument for growth in its 53-page document, with a string of acquisitions and partnerships already under its belt. But does its enormous size now line it up for success, or weigh it down?

Matthew Parsons | 12 hours ago

Rental Cars

Hertz Orders 100,000 Tesla Cars in Effort to Create Electric Fleet

Although electric cars could play an enormous role in the fight against climate change, an important question is how easy will it be for consumers to charge those vehicles? The U.S. needs to improve its charging network infrastructure to encourage more people to buy and drive electric cars.

Subrat Patnaik and Sanjana Shivdas, Reuters | 1 month ago

Rental Cars

Hertz Taps Former Ford Boss as Its Interim CEO

While leading any major company will bring enormous challenges, Mark Fields is fortunate he can devote his focus at Hertz to matters other than bankruptcy.

Paul Lienert, Reuters | 2 months ago

Business Travel

Corporate Travel Giant CWT to File for Chapter 11 Bankruptcy Protection

The travel agency joins Hertz, Worldstrides and several airlines in taking this particular route to weather the financial storm caused by the pandemic.

Matthew Parsons | 2 months ago

Online Travel

Certares Founder on the Ease of Investing in Travel During a Pandemic

It is certainly an attractive time for private equity firms to invest in travel companies under pressure, but picking winners is never a slam dunk.

Dennis Schaal | 3 months ago

Online Travel

Travel Investor Certares Places $354 Million Bet on Aviation Service Firm Avia Solutions Group

No niche purchase this time round, but a more rounded investment in a wide-ranging aerospace business group. Find out more when Certares founder Greg O’Hara speaks at Skift Global Forum in New York next week.

Matthew Parsons, Skift | 3 months ago

Rental Cars

Hertz Puts Bankruptcy Behind It With Transformational Plans

Hertz's new ownership has grand plans to remake the car rental firm. Over the next few years, you'll find out if that really happened depending on your experience at an airport car rental counter near you.

Dennis Schaal, Skift | 5 months ago

Online Travel

Tripadvisor Board Members Deliver Business for New Subscription Program

Tripadvisor CEO Steve Kaufer told Skift that Tripadvisor Plus is "a super-high priority for the company." The program may find enthusiasts at the property level, but so far the largest hotel chains don't appear to be leaping on board.

Dennis Schaal, Skift | 6 months ago

Business Travel

Enterprise Wants to Save Car Rentals Through Travel Tech

New acquisition Deem is well placed in the current climate, helping corporate travel agencies develop booking tools to navigate complex Covid-era trips. But can it keep up with demand?

Matthew Parsons, Skift | 6 months ago

Business Travel

Maldives Tests New Tourism Models and 10 Other Top Travel Stories This Week

In Skift's top stories this week, we covered the Maldives' experiment with new tourism models, the blurring of work and travel, Priceline's acquisition of an airline technology startup, and a Skift research analysis of hotel direct booking.

Dennis Schaal, Skift | 7 months ago