Car rental companies are decommissioning some vehicles in order to use the parts which are otherwise unavailable, thereby reducing their fleet sizes or enduring fleet inoperability due to maintenance issues. This is forcing companies to deal with smaller fleets, leading to a decline in transactions.
Car rental in Venezuela is characterised by the existence of five medium/large companies with nationwide stores, and many small independent companies. The total number of operators fell in 2018.
Internet sales account for a marginal value share of car rental in Venezuela. Among the larger brands, Hertz, Unirent and ACO Rent A Car have internet platforms which supply quotes and facilitate bookings and payments.
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This industry report originates from Passport, our Travel And Tourism market research database.