Latest Car Rental Articles
5 Things to Know When Shopping for Car RentalsFor most people the use of a car rental is a necessity. It generally is done as the result of a need for a replacement vehicle for a period of time. Most people do not rent cars on a regular basis and do not know all the ins and outs involved in ...
California Rental Car Insurance
When someone rents a car, the automobile rental companies hold the renter accountable under the rental agreement for damage to their car. They offer a Damage Waiver at an extra cost. This Damage Waiver is not insurance, but a contractual agreement...
Rental Car Insurance
Everyone insures his or her own car. Not only because it is mandatory by law in most states, but also because it offers compensation in case of loss or accidents. When people rent a car, for whatever reason, it may be essential for them to purchase...
Travel Industry Sector; High Fuel Prices Affecting Rental Car Agencies
The travel sector is very worried over this possible $4.00 per gallon gasoline prices this summer due to the showdown in Iran and the 2006 Atlantic Tropical Season causing such price spikes. Can the travel industry; including airlines, hotels and rental car agencies handle oil barrel prices trading at $85.00 per barrel? Hard to say, but consider what happened to the travel industry after 9-11?
There were some major changes in Rent-A-Car Agencies after 9-11 and completely new dynamics. There is a significant difference between pre 9-11 and now in the Rent-A-Car Industry. And there are also such issues expected at four plus dollars per gallon as well.
You see, immediately after 9-11 all Rent-A-Car agencies nearly ran out of cars in many cities as travelers were stranded by grounded airlines. Many opted to rent a car and drive home from all over the country. Not only was their
entire fleet rented out, but many people drove the vehicles from places like New York City and Boston to San Francisco and Los Angeles adding 4000 miles to the cars and causing them to ?run out?.
Now consider if two more airlines file bankruptcy due to super high jet fuel prices as travelers decide to stay home? Or what will happen if no one wishes to rent a car or so few people that those cars remained parked? After 9-11 several smaller hotel chains and many car rental corporations filed for bankruptcy and so this is a huge issue with $4.00 per gallon gasoline this summer in 2006.
Lance Winslow - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; mycarservice.info/
Written By: Lance Winslow
