by Nicolay Nedrelid | Apr 14, 2020 | car rental
INTRODUCTION The car rental industry has grown steadily in recent years. Between 2015 and 2019, the total market in the US and Europe grew from $41 billion to approximately $49 billion, representing a 4.6% CAGR. Over the same period, however, operating profits, using...
by Nicolay Nedrelid | Jan 31, 2018 | car rental, mobility
With 2018 still in the starting blocks, here are some musings on the car rental market in 2018, particularly in Europe, and what I expect will shape the sector this year. Market – driven by positive macroeconomics and continued growth in the travel and tourism sector...
by Nicolay Nedrelid | Sep 4, 2017 | car rental, mobility
Changes in the use of mobility is not an exclusive B2C phenomenon, it is also starting to impact the world of business travel, thus becoming an issue the B2B segment. As new mobility offerings, most notably ride-hailing (Uber, Lyft etc) are increasingly becoming an...
by Nicolay Nedrelid | Jan 3, 2017 | car rental
With 2017 just underway, what may happen in the car rental sector over the next 12 months? Below I have made five predictions related to the major US and European operators of what the year might bring. I expect 2017 to be exciting for the car rental sector, which is...
by Nicolay Nedrelid | Jun 15, 2016 | car rental
Two of the most frequently used car rental KPIs (key performance indicators) are RPD (pricing) and utilization (fleet efficiency). As is the case with KPIs most of the time, the objective is to maximize each one. A potential (real) issue, however, is to what degree...
by Nicolay Nedrelid | May 30, 2016 | car rental, mobility
A recent Bloomberg article looked at the US car rental industry and how the rationale for consolidation over the last decade has been to improve profitability through firmer pricing, with benefits to shareholders coming at the expense of the consumer. The reasoning...
