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Articles tagged “hertz”

Hotels

Daily Podcast: Marriott’s Massive Profit

Good morning from Skift. It's Wednesday, February 16, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Marriott’s Massive Profit

Startups

Certares and Hertz Lead Investment in Mobility Startup UFODrive

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.

Certares and Hertz Lead Investment in Mobility Startup UFODrive

Hotels

Daily Podcast: Surprise Hotel Job Growth

Good morning from Skift. It's Monday, February 7, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Surprise Hotel Job Growth

Ground Transport

New Hertz CEO Will Be Ex-Goldman Sachs Finance Chief Stephen Scherr

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.

New Hertz CEO Will Be Ex-Goldman Sachs Finance Chief Stephen Scherr

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?

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

Ground Transport

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.

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

Ground Transport

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.

Hertz Taps Former Ford Boss as Its Interim CEO

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.

Corporate Travel Giant CWT to File for Chapter 11 Bankruptcy Protection

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.

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

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.

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