Articles tagged “Turo”

Rental Cars

Turo’s Road to Carshare Profitability Seems Endless

If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it?

Turo’s Road to Carshare Profitability Seems Endless

Online Travel

Travel-Hungry SPAC Altitude in Talks to Take SoftBank-Backed Car Sharer Getaround Public

Altitude is a SPAC, or special purpose acquisition company, led by Gary Teplis, the CEO of corporate travel agency Teplis Travel. If Reuters' report is true, Altitude might take Getaround, a carsharing service, public in a multi-billion-dollar deal.

Travel-Hungry SPAC Altitude in Talks to Take SoftBank-Backed Car Sharer Getaround Public

Coronavirus

Why 2021 Is the Year of the Travel IPO

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

Why 2021 Is the Year of the Travel IPO

Tourism

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

New U.S. spending data suggests that some brands, such as Enterprise, Vrbo, and JetBlue, had a better first half of 2021 than their rivals. The travel industry as a whole should be grateful for the U.S. federal stimulus checks to consumers.

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

Online Travel

Travel IPOs to Watch for in 2021

Enthusiasm for IPOs is booming in the wake of Airbnb's sensational debut as a public company. But only a handful of startups, possibly including Turo, Traveloka, Yanolja, Gett, Tujia, SiteMinder, Sonder, and Vacasa, may have enough positive growth in 2021 to woo investors.

Travel IPOs to Watch for in 2021

Rental Cars

San Francisco Files Lawsuit Against Ridesharing Firm Turo Over Its Airport Operation

How will the courts define Turo — as a rental car company or a marketplace? We've heard this song before and the refrain has been mixed.

San Francisco Files Lawsuit Against Ridesharing Firm Turo Over Its Airport Operation

Rental Cars

Car-Sharing Startups BlaBlaCar and Turo Use NonTraditional Strategies to Boost Usage

Car-sharing marketplaces are finding that partnerships with automotive leasing companies and insurers may be a more cost-effective way to get the word out about their services than using traditional digital marketing efforts.

Car-Sharing Startups BlaBlaCar and Turo Use NonTraditional Strategies to Boost Usage