It's been an up-and-down year for the car rental industry:
But travelers seem a little hesitant now, right?
Have a look at how “book flights” as a search term in the United States trended between November 2019 and November 2021.More people are searching for “book flights” in November 2021 than they were in November 2020, which is hugely encouraging given that it’s the holiday travel season. Regarding car rental, we're seeing only 15% fewer users year-to-date than in 2019 – again, it's very encouraging.
What's the deal with electric vehicles? I'm thinking of the big Hertz announcement with Tesla. Is this just a passing fad or will your next car rental be electric?say they’d rent an electric car to test one out and almost a quarter said they’d consider renting an electric car “to do their bit” for the environment.
I wanted to ask you about insurance. Before the pandemic, travel insurance was optional and less than 20 percent of travelers bought it. Now it's considered more or less mandatory. Is it the same way with car rental insurance? We don’t have any up-to-date figures on U.S. rental companies. The coverage they require often depends on whether the renter is a U.S. or non-U.S. resident and whether they’re hiring domestically or abroad.
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