Articles tagged “rental cars”

Hotels

Daily Podcast: Big Hotel Brands Freeze Russia Plans

Good morning from Skift. It's Thursday, March 10, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Big Hotel Brands Freeze Russia Plans

Ground Transport

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

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

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

Ground Transport

Hertz Files for Bankruptcy Protection, Brought Down by Pandemic Under Heavy Debt

The 102-year-old car rental company is among the biggest brands so far to be leveled by the fallout from coronavirus. A new CEO is six days into the job. Let's see how Paul Stone maneuvers the iconic brand through Chapter 11.

Hertz Files for Bankruptcy Protection, Brought Down by Pandemic Under Heavy Debt

Ground Transport

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Investors should be relieved CarTrawler managed to get a deal done at all in today’s tough mergers-and-acquisitions market. The debt write-off has set up the travel tech company for promising momentum.

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Online Travel

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Three interesting companies announced investments this week: Virtuo, a car rental service, aims to replace service counters with mobile-first customer service. May Mobility builds autonomous vehicles for smart cities. NuStay offers hotel price-comparison.

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Online Travel

Travelport Signs Deal to Get Hertz’s Prepaid Car-Rental Rates for the First Time

As its pace of revenue growth slows, travel-tech player Travelport needs to diversify beyond distributing airline tickets. Rental cars are one bright spot. It is gaining traction thanks to a new deal with Hertz.

Travelport Signs Deal to Get Hertz’s Prepaid Car-Rental Rates for the First Time

Ground Transport

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals

Business travelers want convenience above all else and that's something rental car companies aren't the best at delivering, especially on their outdated websites that don't offer user-friendly experiences.

Avis Budget Is Disappointed With Its U.S. Business Traveler Car Rentals