Man Pulling Dollar Sign Implying Rate Increase | Teplis Travel

Car Rental Rates Go Up

After years of stagnant rates, car rental suppliers are raising rates, and small and midsize enterprises stand to pay the price on the corporate side. Car rental companies have made up the pricing ground lost during the last recession, said Neil Abrams, president of car rental consulting and research firm Abrams Consulting Group. Hertz, for example, implemented rate increases for Hertz, Dollar and Thrifty on June 14, including a $5 per-day hike at airport locations. At the same time, the major car rental companies have tightened up fleet controls, making the price increases more likely to stick. To read more, click here. (Business Travel News)

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