Car Rental in the Philippines

TRENDS

Car rental hire in the Philippines is popular among inbound tourists looking to travel around the city and to and from provinces freely and with the privacy of driving themselves; this is common for both domestic travellers as well as for business trips. In terms of leisure and tour activities, car rental to be used during the tour is often included in the travel package. However, in reaching another town or city, public transportation such as by bus is still commonly used by domestic passengers, mainly because it is usually the cheaper option and commuting is relatively easy for Filipinos as the local mode of transportation ranges from buses to tricycles which can drop passengers off to a specific destination.

PROSPECTS

Domestic tourism will continue to boom, with newly discovered and promoted tourist destinations which are commonly found in nearby cities and towns to the metro areas as a result of growing demand for travel among working millennials. This presents an opportunity for car rental companies as the demand continues to grow and the destinations are within their usual range of trips, such as Calabarzon, which continues to be the leading domestic destination. The growing middle class and family-oriented markets, which are more likely to travel in groups and thus hire a car, are also a good opportunity for the industry. However, in terms of business travel and foreign passengers, there is an increasing threat from increasing competition and also by security threats.

Files are delivered directly into your account within a few minutes of purchase.