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Tag: rental car pricing

Hertz and Avis Double Down on Ridehailing Strategy | Skift

Hertz and Avis Double Down on Ridehailing Strategy | Skift

Car rental companies Hertz and Avis have been investing in technology and alternative services to weather the advent of ridehailing apps. Although the efforts are still in early stages, they show signs of growing success. The Hertz Corporation posted solid results Wednesday for the second quarter of 2019, driven by increased pricing from its three […]

Toyota Corolla sales slump as car rental companies shift to Kia and Hyundai | CarsGuide

Toyota Corolla sales slump as car rental companies shift to Kia and Hyundai | CarsGuide

Toyota has lost a massive rental car fleet contract that has put an 1800-car dent in its annual sales and contributed to an 8.5 per cent slide in year-to-date results. After 20 years with Corollas, one of the nation’s biggest independent rental car businesses has shifted orders to other manufacturers led by Hyundai and Kia. […]

Autos and Taxis will get a fair hike, Ola/Uber surge pricing to be capped | ThePOST24

Autos and Taxis will get a fair hike, Ola/Uber surge pricing to be capped | ThePOST24

Mumbai Transport will get a major overhaul as the transport department has decided to hike the fare of Autos and Taxi by Rs 2 for both the modes of Mumbai Transport. BEST has already got an approval from its Managing committee and will decrease the minimum fare to ₹ 5 as suggested by BMC Commissioner […]

Considering a Subscription Model? Avoid These Rookie Mistakes | IndustryWeek

Considering a Subscription Model? Avoid These Rookie Mistakes | IndustryWeek

The subscription economy is taking business by storm. Entire industries have moved to subscription-based pricing, leaving behind some of the slow movers but also giving new life to companies that were struggling. Some talk about the end of ownership and the start of usership. It is a real revolution. Industrial companies have lately been getting […]

Hertz gets into the vehicle subscription business, pricing starts at $999 per month | TechSpot

Hertz gets into the vehicle subscription business, pricing starts at $999 per month | TechSpot

Why it matters: Programs like Hertz My Car aren’t ideal for all situations but if you’re in need of a vehicle without a long-term commitment and don’t want to have to rely exclusively on traditional rentals or ride-sharing services, it could be worth checking out. Car rental company Hertz has become the latest to launch […]

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

Since the introduction of sharing-economy services such as Airbnb, hotels have struggled with how to compete against the alternative accommodations market. Among hotels’ concerns is how Airbnb impacts their pricing and distribution strategies, which, according to new research from the Tepper School of Business at Carnegie Mellon University, might be more dramatic than hoteliers may […]

Dynamic Pricing for Airport Parking | Perfect Price

Dynamic Pricing for Airport Parking | Perfect Price

Even with passenger volumes rising, ride-sharing is hitting airports where it hurts – parking revenue. Traditionally the top revenue source for airports, parking revenue cannot be replaced by $1 or $2 fees from ride-share companies like Uber and Lyft. This article explores how leveraging the same dynamic pricing technology used by ride-sharing companies can help […]

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

When you give customers advice that can help them save some money, they will pay you back with loyalty, which is priceless. Interesting fact: Fareboom users started spending twice as much time per session within a month of the release of an airfare price forecasting feature. This tool continues to grow conversion for our partner. Besides travel, […]

Avis and Hertz Struggle to Find Path to Car Rental Profit | Skift

Avis and Hertz Struggle to Find Path to Car Rental Profit | Skift

Avis’ struggles point to the reality that competition with ridesharing companies and its car rental rivals has made it difficult to raise prices while competing for customers. The company is seeing corporate customers renting for a longer span of time, but it lacks the ability to raise prices and drive more revenue. “Corporate… volume has […]

Best and worst car hire companies revealed | Which? News

Best and worst car hire companies revealed | Which? News

Starting life in Alicante in 1985 with just four Ford Fiestas and an Escort, Goldcar has grown to become one of Europe’s biggest budget providers with offices in 17 countries. Despite offering attractive headline prices, from as low as £1.20 per day, the company received just two stars for value for money. Customers told Which? […]