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Enterprise Holdings achieved annual revenues of $22.3 billion in fiscal year 2017, while fleet size remained equal to 2016 at 1.9 million vehicles. Share of airport business is now 38%.
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Land access restrictions, seasonality, a smaller market for de-fleeting and liability issues all play a role in differentiating recreational rentals from auto rental.
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By analyzing these often overlooked areas of car rental operations, you can add to your bottom line without affecting the rental experience.
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Hertz and Vanguard will soon trade alongside Avis Budget Group and Dollar Thrifty Group on the Big Board. With profit pressures stronger than ever, what are the ramifications of rental car companies going public?
Read More →With the right mix of marketing, creativity and investment in technology, the insurance replacement market provides local businesses the opportunity to thrive in a land of giants.
Read More →You need to involve your staff in setting annual sales goals and ensure that those goals measure per-unit performance — not overall revenue.
Read More →Car-rental transactions are down in a stagnant travel environment, and used rental risk-car prices are also down. In the past, car-rental companies used the gains on used-car sales to offset reduced revenues from rental operations.
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