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Global Car Rental Market Report: 2010 Edition – Market Research Report On Aarkstore Enterprise

Filed under: Uncategorized — Tags: Aarkstore, Edition, Enterprise, Global, rental, Report, research — libertees @ 2:15 pm October 19, 2010

Global Car Rental Market Report: 2010 Edition – Market Research Report On Aarkstore Enterprise

The global economic downturn has severely affected the car rental market in 2009. The global car rental volume and demand experienced a steep decline as the leisure and business spending remained weak and prices for gasoline faced significant volatility which adversely affected the automotive travel patterns in material ways. Almost all the major industry players reported negative results for 2009.

The car rental market is generally categorized either by the location of rental, that is airport or non-airport; or by the type of customer, that is, Leisure, Corporate, or Replacement.  In the global car rental market, the United States is the largest market accounting for almost sixty percent of the global sales, followed by Europe and other nations. The demand for car rentals is mainly driven by increase in air travel, increase in hotel occupancy rates and implementation of appropriate distribution and logistics strategy by the companies operating in the car rental market. The most important long term trends in the car rental industry today are technological innovation through the adoption of green cars, navigation systems and other technological features; increase in vehicle acquisition cost; and introduction of car sharing programs, among others.

The companies in the car rental market responded to these challenging times mainly through price discipline and active fleet management as well as through increased marketing efforts. The car rental industry experienced significant consolidation in the past few years and is expected to consolidate even further in the next few years due to an increasing competitive environment. The future of the car rental industry looks generally positive as business and leisure car rental is expected to grow mainly due to rise in travelers around the world, among other factors. Growth is also expected to be significant for both the business and leisure segments in fast developing car rental markets of China and Japan.

The report provides an analysis of the global car rental industry, with focus on various geographic regions. The market drivers, trends and challenges for the car rental industry have also been analyzed. The report also presents the competitive structure of the industry and profiles major players with a discussion of their key business strategies.

Table of Contents :

1. Overview

Revenue Model

2. Global Car Rental Market Overview

2.1 Global Market Structure
2.2 Major Markets

2.2.1 United States Car Rental Market

Market Value
Growth Rate
Market Share

2.2.2 European Car Rental Market

Overview
Market Segments

2.2.3 Chinese Car Rental Market
2.2.4 Japanese Car Rental Market

3. Market Dynamics

3.1 Key Trends

3.1.1 Increase in Vehicle Acquisition Cost and Fleet Financing
3.1.2 “Greening” of Car Rental Industry
3.1.3 Industry Consolidation
3.1.4 Cost Saving Programs
3.1.5 Diversification of Fleet Purchase
3.1.5 Car Rental for Business Travelers Remains Flat

3.2 Significant Developments

3.2.1 Technological Innovations
3.2.2 Car Sharing Program
3.2.3 Increased Marketing Efforts
3.2.4 New Ways of Competing

3.3 Growth Drivers

3.3.1 Leisure and Business Spending Picks Up
3.3.2 Increase in Enplanements and Hotel Demand
3.3.3 Adoption of Proper Distribution and Logistics Strategy

3.4 Major Challenges

3.4.1 Adverse Economic Conditions
3.4.2 Fuel Costs
3.4.3 Dependence on Air Travel
3.4.4 Pricing Pressure

4. Competitive Scenario of Car Rental Market

5. Company Profiles

5.1 Hertz Global Holdings, Inc.

Company Overview
Financial Summary
Business Strategies
Customer Focused Innovation
Revenue Diversification Initiative
Expansion in Leisure Market

5.2 Dollar Thrifty Automotive Group, Inc.

Company Overview
Financial Summary
Business Strategies
Focus on Core Operations
Expand Brand Representation through Franchising
Improved Fleet Diversification and Fleet Management

5.3 Avis Budget Group, Inc.

Company Overview
Financial Summary
Business Strategies
Optimizing the Two Brand Strategy
Expanding Revenue Sources
Capturing Incremental Profit Opportunities

For more information please visit :

http://www.aarkstore.com/reports/Global-Car-Rental-Market-Report-2010-Edition-65277.html

Aarkstore Enterprise specialize in providing online market business information on market research reports, books, magazines, conference booking at competitive prices, and strive to provide excellent and innovative service to our customers.

Wanted a sports car, got stuck with this.

Don’t Let Web Travel Research Bog you Down

Headed to Hawaii? Miami? How about to San Francisco or New York? Of course, you’ll use the web to find quick tips on the best things to do at your destination. By gathering information together ahead of time and printing it out on a few pages, you’ll be well prepared to enjoy your destination.

The first step is to use an Internet search engine such as Google or Yahoo to find the best websites with information. It’s essential to type a search phrase into the search box that is as descriptive and accurate as possible. Generally search phrases with 3-6 words will bring back much more relevant results than just 1-2 words. So, for instance, don’t just type ‘New York’, but instead type ‘Things to do in New York’, or ‘Travel advice for New York’. Go ahead and click on the Search button.

Now you have hundreds or thousands of search matches listed. Don’t just click on the top result and spend all of your time there – it might not be the best website for you. Instead, peruse the top 10-30 results, looking at the titles & descriptions of the websites, and pick a few to investigate further. Click through to these through, or, better yet, right-click on them and give the command to open them up in a new browser – that way you can hop back and forth comparing them while you have them all open in the browser.

What you’re looking for are sites that offer you concise & useful information on your destination. Beware of sites that make you read 10 web pages just to get 1 web page of information – they’re just trying to show you lots of ads. Also, look for sites that make it easy to print out the information. Remember – you’re not going to have internet browsing with you when you’re walking the streets of San Francisco or the beaches of Hawaii!

The ideal sites will offer you concise, 1-2 page summary guides that list the top restaurants, entertainment, things to do with kids, nightlife spots… all in a series of ‘top 5′ and ‘top 10′ lists.

Some excellent web travel resources are:

http://www.keepandshare.com/htm/lists/free_printable_things_to_do_in_list.php

http://www.keepandshare.com/htm/lists/things_to_do_in/things_to_do_in_aruba.php

http://www.keepandshare.com/htm/lists/things_to_do_in/things_to_do_in_hilo.php

About the author.


Gary Hayduk enjoys free lance writing on web topics, with a passion for using the web to enhance life. Some favorite web resources are:

http://www.keepandshare.com/htm/lists/free_printable_things_to_do_in_list.php

http://www.keepandshare.com/htm/buy_a_share_of_stock.php

http://www.keepandshare.com/htm/free_photo_sharing.php

How to Find Cheap Travel Deals on the Internet.

There are several good and reliable travel sites on the Internet where you can find great travel deals and save big bucks on your next holidays.

However, getting the best deals is not always as easy as we think. Even though there are hundreds of travel sites out there, getting a bargain is not always simple.

Some of the well known sites, which I have personally used without any problem, are: Expedia, Travelocity, Orbitz, Cheap tickets, Ebookers and Last minute.

Still, to find a good deal within these sites is not straightforward, a digging job has to be done to find the gold, despite the easy to use and wonderful sites these brands above and other companies have.

One of the activities that should not be missed is comparing your traveling schedule among the sites of your choice, because no one has the best prices, for all routes, always. Each one has its own specials and when someone has a bargain in certain route, usually the others have not the same special price.

To do this job, there are some websites which compare among these popular travel sites for the destination of your choice and after spotting the lowest fare, you can always go back to the lowest fare site to review the conditions and make the purchase, if you wish.

Major airline sites, often have special deals which are not published through travel sites, so taking a look to the airline sites, which travel to your selected destination, could give you surprisingly good fares for your flight.

Regardless the site or sites you choose to look for your travel information keep in mind the following tips when planning your next holiday.

Book as advanced as you can. Airlines fares increase as the time for departure approaches.

Try to arrive and depart in a mid-week day. Tuesday, Wednesday or Thursday.

If you have flexible dates, chances to get a bargain will increase. Sometimes, a trade show or a special event will make the city of your destination very expensive for a given week, while a couple of days later or earlier, the prices could drop sharply.

For obvious reasons, avoid holidays. It is practically impossible to find a bargain during holidays, even more, airlines increase prices during holidays.

If you are traveling during Christmas, usually the Christmas day itself is cheaper than the days before. The same applies to Thanksgiving and other crowded holidays.

Try to use several websites to research your travel information, and then you will identify the most appropriate website for your needs.

When traveling to Europe from the US, try getting to a major city like London, and then use the local cheap fare airlines to travel around Europe.

When booking a hotel, use Expedia or Travelocity to see the pictures and location of the hotel, even if you book later in other site with better price.

Use as many sites as needed to book different parts of your holidays, if you get the best price in each one of them.

After you select a flight or hotel in any travel site, get into the airline and hotel sites directly and compare prices.

Verify that the site where you are purchasing has good reputation and uses SSL encryption when you pay online with a credit card.

After you receive the confirmation code from the travel site where you made the purchase, mail directly to the hotel and/or airline and confirm that they got your reservation exactly as the one you purchased.

Following these tips will give you the lowest fares available on the Internet and will avoid you unpleasant surprises when traveling.

Dr. Laurent Mikhail has extensive personal experience traveling around the world. To learn more, visit his site:
www.discount-travel-tickets.com

How To Do Useful Travel Research

A lot of people simply avoid thinking about other aspects than passports and plane tickets when going on an international vacation and such an approach is not correct. Any international vacation will require a lot of research in order to have a healthy and safe trip and you do not want to forget anything so that your trip will be perfect.


First off we would like to emphasize on the fact that you need to be informed when thinking about health. You could start with looking at the Center for Disease Control web site to see if there are any disease or outbreak problems you should be worried about. Any doctor in your area could help you in getting the right prescriptions and immunizations you might require. Always know what you need before actually talking to the doctor. The same thing goes for any possible social or civil problems in the country you are visiting. We do not want there to be any conflicts that could put you at risk so tourist guides and the Department of State are also places you need to put on your prior to the trip research list. Combine this with a good knowledge of the location’s customs when talking about dress codes and legal problems.


The next step would be talking to people about your trip. There is a big chance that you will find someone that was already there. You can obtain email addresses or telephone numbers and you can ask various questions about what you might want to know. Word of mouth travel advice is invaluable when talking about any trip and learning stuff from people that were already there once. This is because these people have already been there and they can tell you what is relaxing and what is not, what is thrilling and what is not and so on!


Think about what you need to know when linked with your personality and plan your trip according to what you like doing. If you are a thrill seeker look for attractions you would love and would get your adrenaline levels to skyrocket. If you are fond of shopping look for the best shopping hot spots and so on. It all depends on the individual or the group of people that is going on the vacation. Make sure that there is a bit of everything for everyone so that the trip will provide a good setting for every single person and this is how you should do useful travel research.

Article first written for the Travel Facts blog. Get the Travel Advice you need for a perfect vacation!

Find Online Travel Deals

Online travel deals are surprisingly easy to find and easier to land. The trick is finding one that suits your purpose. There’s always a cheaper option available. Rather than focusing solely on the economics, it would serve you better to enquire why the deal is so cheap and what you would be foregoing in order to avail the fabulous low prices. Often you might prefer to pay a bit more and enjoy a modicum of comfort and arrive safe.

Travel arrangements from booking airline tickets to fixing an itinerary, hotel accommodation, tickets for various events and venues are done online these days. The more you surf, the more choices you’re faced with. Eleventh hour bookings have become the norm, and there is a whole genre of travel sites focused on this type of clients. This has indeed grown to be a substantial part of online travel arrangements for Canadians.

Most of the major online travel sites for Canadians and Americans, such as Expedia, Travelocity and others, have fantastic package deals that give you more bang for your buck. A Package deal does not mean a group tour, but rather a deal where airline tickets, accommodation, and sometimes even a car rental all are “packaged” together for usually a lower price than you would pay for separately.

The simple secret to getting a good travel deal online is to shop around. Often you can find price differences between sites. If you are willing to do your homework, a better rate can usually be found. Another well known secret is that if you choose to book during off season periods you will definitely get fabulous rates whether it’s airline fare or an amusement park ticket. The use of certain credit cards for online bookings also helps to get discounts, as those adding up those air mile points. If booking your trip last minute is an option, you will usually get a lower price. Be prepared however to be flexible in where you want to go, your first option may not be available.

Booking hotel accommodation online can get you good discounts even at star hotels. Be careful however, some deeply discounted bookings may not be refundable in the event you decide to cancel. Hotwire.com and Priceline.com are both popular discount travel sites that offer attractive discounts on hotel rooms. Referring to itself as the king of online travel, the Priceline’s claim to fame is the “name your own price” where the buyers are free to fix their rates for hotel rooms.

With either company, you pick the price, quality, amenities, and neighborhood you want, but you are not able to choose a specific hotel. With Priceline, you bid on the hotel which meets your needs. You then find out if the price you choose was accepted and if it was, your hotel is booked. In contrast, when using Hotwire, you don’t bid on your hotel and the prices are displayed.

In any case, the deals are out there, more than ever. So get online, do your research and you will find the best deal for you.

Be sure to visit www.FlyFromCanada.com for more great tips on Canada Travel. Flying from Canada? Checkout which online Canada travel agency will take you there!

More Flights to Tenerife, Means You Need More Research

Filed under: cruise — Tags: flights, means, need, research, tenerife — libertees @ 3:47 am January 7, 2010

With the huge growth of budget airlines, there has never been a better time to book flights to Tenerife. The largest of the Canary Islands is itself working hard to maximise its income from tourism in the face of the global economic downturn and the Spanish government has also been doing its best to help with this, encouraging tourism across all of its territories with a 100 per cent discount on airport charges and the scrapping of all tourist taxes.

As a result, low-cost giants such as Ryanair and easyJet have greatly increased the number of flights to Tenerife that they operate, and were aggressively promoting the fact months before the winter season even began. Ryanair began its extra flights in November 2009 but announced the expansion to the world at the end of July.

The expansion in flights to Tenerife has been all the more remarkable when one considers that passenger numbers at the Canary Islands’ airports have only increased slowly in the past decade. Their distance from the Continental European travel market meant budget airlines were wary of taking the risk and providing services at first, which of course left the islands to the established charter airlines, who had larger capacity aircraft – but whose flights to Tenerife and the like cost significantly more.

It has been a completely different story over the last three years. Nowadays, Tenerife’s major airport, Tenerife Sur, is the second busiest of all the Canary Islands, with up to nine million passengers using the hub every year. Of the visitors to Tenerife Sur, British tourists are the largest single group on the island, outnumbering Germans – who are the second largest group – by nearly two to one.

The island’s other airport, Tenerife Norte, functions more as a travel point between the islands. At this hub Spanish carriers have most of the take-off slots and domestic routes are paramount.

People seeking flights to Tenerife this winter will have 62 new routes to choose from, thanks to the huge boost in interest from the budget carriers, who have balanced their decision to cut capacity on many of their destinations during off-peak periods by starting up winter routes to longer-haul destination over the winter months. Ryanair has launched a total of 43 new routes to the Canaries, followed by Monarch Airlines with seven, Norwegian with four and easyJet and Germanwings bring up the rear with three each.

Kim has 4 years experience in the travel industry. She enjoys writing articles on various destinations and Travel related topics.

Article Source:http://www.articlesbase.com/travel-articles/more-flights-to-tenerife-means-you-need-more-research-1677545.html

The Importance of Research When Vacation Planning

Filed under: travel — Tags: importance, planning, research, vacation — libertees @ 2:04 am December 28, 2009

Are you beginning to think about the next dream vacation that you and your spouse want to take? Or perhaps you want to make your last family vacation with your children one they will never forget. No matter what kind of trip you are trying to plan, there is only one right way to begin making the perfect plans: investigate.

Investigate sounds more something a policeman or lawyer would do in a typical day of work doesn’t it? Well, up until now perhaps, but from this moment forward you, the planner of your next great trip, must learn to investigate too.

Begin to investigate by taking an inventory of the wishes of everyone who will be included in the trip. Sit down with each person and try to discover what things are necessary for making the trip perfect and what things will make the trip nothing but ordinary for your fellow travelers. Look for similarities that all of the travelers hold in common as you investigate. Is everyone hoping to vacation to somewhere warm and sunny? If so, you can begin by narrowing away all other climates as possibilities for the trip. Does everyone hope to spend some time relaxing and some time sightseeing? You had better plan a trip that offers time for both things.

Once you have taken the time to investigate the travelers, including yourself, you can move on and investigate potential locations for your journey. Search the internet, visit a local library or bookstore and look in their travel section. It is also important at this time that you take time to investigate your financial situation and create a budget for the trip. It will make things much easier if you can choose locations that fit into your budget. You may have to cross of Cairo from your list of options, but maybe you will be able to keep the Caribbean or California in the running.

Take your time as you investigate. Hopefully you start this process early enough that you do not have to rush through any step. Once you have found a location that fits with your desires and is within your financial means, move on to investigate details of the trip. What kind of accomodations are available at your destination? What kind of travel is necessary to get there? What kinds of activities will be offered in that area? Make sure you take time to learn answers to each of these things.

Keep in mind that the more you investigate, the better your trip will be. You will never regret the time you spent in researching and planning your trip once you arrive and enjoy the vacation of a lifetime.

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Article Source:http://www.articlesbase.com/travel-articles/the-importance-of-research-when-vacation-planning-1629172.html

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