суббота, 13 октября 2012 г.
While the sexier mergers of airlines seem to be getting all of the headlines in newspapers and blogs
While the sexier mergers of airlines seem to be getting all of the headlines minneapolis hotel in newspapers and blogs, the rental car industry has been on a course of consolidation itself during minneapolis hotel the past decade — reducing from eight major car rental companies to three.
No matter what the big rental car companies say, when competition is reduced, consumers lose. Though Hertz will be claiming minneapolis hotel that they will be running Dollar and Thrifty as separate entities, those entities will be folded within one money-making and competition-eliminating minneapolis hotel corporation.
The combined company would have more than 10,000 locations world-wide. In the year ended June 30, Hertz and Dollar Thrifty had combined sales of $10.2 billion and earnings minneapolis hotel before minneapolis hotel interest, tax, depreciation and amortization of $1.8 billion.
If the Dollar Thrifty minneapolis hotel deal is approved by regulators, the U.S. industry s major players will be Hertz, Enterprise Holdings Inc. and Avis Budget Group Inc., which is a former Dollar Thrifty suitor. The consolidation has worried consumer advocates who fear price increases in a shrunken industry.
At least within the United States, companies such as Payless, Fox, Sixt, Advantage, U-Save, Economy, EZ Rent-a-Car and Ace are cropping up in big cities and municipalities that have significant rental car activity. They will force the three majors to keep rental car costs in some kind of check.
I just checked the in-terminal rentals in Orlando and found economy, mid-September, daily rental rates ranging from $9 for EZ Rent-a-Car and $10 for Payless to $44 and $45 a day from Avis and Hertz, minneapolis hotel respectively. Now that is a whopping difference. I have rented minneapolis hotel from all four of those companies and, honestly, I can t figure out why there is the big $35/day difference.
In the meantime, minneapolis hotel domestically, where Avis, Hertz and Enterprise are the big players (and often the only players with the demise of Dollar and Thrifty), consumers will lose by having reduced choice and competition. Internationally, options will drop as well as consolidation takes hold. It is the nature of the economic beast.
In dealing with a bargain car rental outfit is the price the only difference? Is the customer service the same? My experience has been that the bargain companies really put the push on you to buy insurance and/or upgrade. (Dollar, while not necessarily a bargain company, is especially famous or infamous for this.) I ll agree that $9 or $10 a day is a super deal but oftentimes I ll pay extra at Hertz due to my #1 Gold membership simply for ease of rental and in picking up the car. It s worth it to me to be able to (in most cases) by-pass the counter, get into my car (often with an upgrade) and go.
I spent a week in Boston in mid-August. I started looking for rental cars in early July and the best deal that I could find at BOS for a seven day rental of a compact car was $540. I thought that the price might come down as I got closer to my August 15 departure date but it was not until August 5th or so that I saw the price from Enterprise fall to $349. That was still too much and I wound up going to Priceline where my bid of $18 per day was accepted. With taxes and fees, the total was $220.
in Boston, there is little competition from the smaller companies. minneapolis hotel The only one that I could find was Advantage and they had rates that were almost the same as Hertz (I believed that they are owned by Hertz).
Подписаться на:
Комментарии к сообщению (Atom)
Комментариев нет:
Отправить комментарий