Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.
Hertz's next CEO has his work cut out for him in remaking the company. The car rental firm's transformation plan sounds good on paper, but it will be up to Stephen Scherr to turn vision into reality.
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?
The travel agency joins Hertz, Worldstrides and several airlines in taking this particular route to weather the financial storm caused by the pandemic.
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.
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.
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.