Car Rental (Destination)

Like all travel markets, car rental bookings and revenues were deeply impacted by the sharp decline in travel flows – both international arrivals and domestic trips – throughout the pandemic in 2020 and into 2021. However, car rental tied to outlets…

Car rental in Taiwan is small in size because the country has a dense population with established travel networks. Tourists often take advantage of mass transportation systems such as rail when they wish to travel, while renting a scooter is popular…

The car rental industry had its worst year ever in 2020. The travel segment, which in Portugal represents around 60% of the car rental business in the country, had an abrupt fall in 2020, due to the spread of COVID-19 and the severe disruption to…

The continued low number of inbound arrivals due to border closures and government restrictions will continue to impact the performance of car rentals in Kenya during 2021, with this expected to continue into the forecast period. The trend is also…

While COVID-19 was continuing to impact the travel industry, car rental was beginning to recover, mainly supported by a decreasing sense of caution among Japanese people, who were becoming more open to travel, despite COVID-19 cases still being…

Historically, car rental has been strongly linked with inbound tourism in Turkey, with a high percentage of car rental outlets located at airports. These are dependent on the regular flow of travellers. Thus, the sharp fall in inbound arrivals during…

The rapid decline in domestic and international travel as a result of the COVID-19 pandemic has created a drastic knock-on impact for the car rental industry. Car rental companies are on respirators, with many on the verge of bankruptcy. However,…

The pandemic resulted in the car rental industry selling off much of its fleet in 2020, resulting in a shortage in supply of rental cars in 2021 as domestic travel starts to pick up. Rental car agencies across Australia are battling to keep up with…

Car rental operators lost the majority of their sales in 2020 and had to implement strict measures in order to survive. Such strategies included reducing fleet sizes, ceasing new car purchases, and moving existing rental fleets to long-term lease…

Prior to the pandemic, international tourists dominated overall sales of car rental in Vietnam, as many car rental outlets are located at airports and dependent on the regular flow of airline passengers. This is especially true for business arrivals.…

The rapid decline in domestic and international travel as a result of the COVID-19 pandemic has created a drastic knock-on impact for the car rental industry. Car rental companies are on respirators, particularly smaller local operators, with many on…

2021 saw car rental (destination) register strong positive growth as the category partially recovered from the negative performance registered during 2020. In particular, very strong growth was recorded via online channels as the emergence of the…

Car rental managed to record dynamic positive growth in 2021, although this represented only a partial recovery from the catastrophic performance registered during 2020, when significant sales declines flowed from the COVID-19 pandemic. Among the…

With air travel off the table for many Canadians, road trips have served as a crucial means to connect people with different parts of the country during the pandemic. As such, car rentals, representing a more viable alternative to flying, have been…

Prior to the pandemic, many Singaporeans saw international travel as a favourite pastime. During public and school holidays and at weekends, car rental players often experienced an increase in business as consumers rented private hire cars to drive…

Though there is expected to be an increase in car rental value sales in 2021, compared with 2020, value sales are still expected to be significantly below pre pandemic levels. This is largely due to the continued low number of inbound arrivals. Sales…

Danish car rental companies were quick to reduce their fleet sizes in 2020 as COVID-19 hit in order to cut costs and bring in some much-needed savings. With the expected improvements in both business and leisure travel, the major players are starting…

The car rental business is still relatively new in Colombia and was given a significant boost during the time of COVID-19. In particular, car rental services offer good options for companies, as they free up capital and offer an efficient method of…

Car rental (destination) is rebounding in 2021, following a slump in 2020 due to the effects of the Coronavirus (COVID-19) crisis. Consumers are slowly regaining confidence in car rental services, while more and more people seeing this as a safer…

Since the outbreak of COVID-19 there have been steep decreases in the number of inbound arrivals in Finland, with leisure travel being limited, eg to people from certain countries at certain times depending on the pandemic situation. Business travel…