The Sixt car rental colossus is a familiar sight at airports and on the roads of Europe, the UK and the Americas, and now it’s teamed up with the NRMA to launch in Australia. To help gain ground in a crowded market of established car rental companies, Sixt is offering a status match against rivals […]
The town of Hailey received $93,870 in local options tax revenue last month, nearly doubling its February 2021 collection of $47,600, according to tax receipts shared with the Express on Friday. Hailey’s LOT receipts showed strong year-over-year growth across all categories last month: $48,310 from hotel room sales and car rentals, up 143% from 2021 […]
Airbnb has suspended all operations in Russia and Belarus and blocked users of the home rental site in both countries from making reservations, in the company’s latest response to Vladimir Putin’s invasion of Ukraine. The home rental company, which has nearly 100,000 short-term rentals available in the two countries according to market research firm AirDNA, […]
Expedia Group, Inc. (EXPE) and Tripadvisor, Inc. (TRAVEL) are two prominent players in the travel services industry. EXPE is an international online travel agency that operates through Retail; B2B; and trivago segments. It offers travel, advertising and media buying and booking services and provides real-time access to schedules, prices and availability information for airlines, hotels […]
President Biden used his State of the Union address to refocus the nation on how far the economy has come since the pandemic recession. But he also outlined his plans to help slow rapid price increases, highlighting the challenge Democrats face ahead of the midterm elections: Inflation is painfully high, voters are unhappy about it, […]
Early January, Lake Powell, a reservoir fed by the Colorado River, has reached extremely low levels. The tub’s ring around its receding edges has spent the past year gracing the pages of news publications across the country, accompanied by growing panicked concern over the hydroelectric turbines at Glen Canyon Dam. , which cannot operate reliably […]
Flux Factory | E+ | Getty Images The Russian invasion of Ukraine rocked global stock markets. It has also sparked anxiety about personal finances, which for many people around the world have already been strained by rising costs in the wake of the coronavirus pandemic. Globally, young people are among the groups that have felt […]
Auto Finance Excellence – February 23, 2022 Thinking back to 2017 can be a challenge these days. Did the world exist before March 2020? It was around this time that vehicle subscription services began to expand beyond startups and industry disruptors began to capture the imaginations of new product developers within equipment manufacturers. The term […]
Provider of mobility solutions and virtual assistants in artificial intelligence (AI) Cerence (NASDAQ: CRNC) the stock has been decimated since IPO highs. The company provides AI-powered virtual assistants for businesses and especially in the automotive industry. Cerence envisions the complete digitalization of cars as its virtual assistants help improve all aspects of performance, entertainment and […]
General Motors says it all, providing frequent updates on its mega-factories for future electric vehicles and releasing polished images and renders of its future trucks and luxury cars that will be driven exclusively on electricity. . What GM doesn’t do is provide affordable electric vehicles to consumers. Chevrolet, GM’s value brand, has no affordable electric […]
Ford F -0.39% Motor Co. and General Motors Co. GM -1.13% are cracking down on dealers who try to charge more than the list price, a tactic that has proliferated amid the car shortage. Ford Chief Executive Jim Farley said Thursday that dealers who engage in the practice will face consequences, including loss of supply […]
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Savvy investors looking to diversify their portfolios and generate monthly income turn to Heritage Harbor Resort in Ottawa, a popular vacation destination just 90 minutes from Chicago along the Illinois River in Starved Rock Country. “We’ve had a tremendous increase in the number of buyers who want a solid, profitable investment that gives them an […]
Stephen Scherr, a former senior Goldman Sachs executive, is expected to earn at least $250 million in his new role as Hertz chief executive, if the car rental company’s stock price rises over the next five years or is sold. Scherr, who was named chief executive of Hertz on Friday, received a total of 12.5 […]
Airbnb has launched a new COVID assistance package in Australia – great news, but here’s why travel insurance is still essential. The online platform’s new program, Guest COVID Support Program, is funded with an initial amount of $20 million. It aims to provide relief to customers who are no longer able to continue with their […]
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While public transport use has fallen, road traffic remains high: On Monday, traffic was 81% of pre-pandemic baseline levels, with 8.1 million journeys, according to government data. State. Traffic on the same date last year was 88% of pre-pandemic figures. Parkhound founder Mike Rosenbaum said demand for parking spaces skyrocketed over Christmas week. Mr Rosenbaum […]
GREEN BAY — Hotel prices are up, short-term rentals are going fast and flights are so full the airport has asked airlines for bigger planes. It turns out the Green Bay Packers aren’t the only ones who can compose a blitz. Fans, too, when it comes to seeing the Green Bay Packers take on the […]
Robyn Edie The 86th of 89 precast concrete columns being erected for the car park building in the downtown Invercargill Central development, which now stands at $180 million. Invercargill City Council is proposing to invest an additional $30 million in the development of the town center blocks through a short-term loan along with other investments. […]
According to Precedence Research, the size of the car rental market is expected to reach approximately US$186.59 billion by 2030, from a value of US$95.67 billion in 2020, growing at a CAGR of 6 .9% from 2021 to 2030. /EIN News/ — Tokyo, Jan. 13, 2022 (GLOBE NEWSWIRE) — The world car rental market size […]
Pyrosky / E + via Getty Images After a busy airline travel season this Thanksgiving, the Christmas travel season is expected to show similar strength. But news headlines were dominated by a record number of flight cancellations linked to COVID-19 staffing starting on Christmas Eve. While raising some initial concern for the industry, underlying passenger […]
Ongoing difficulties in getting goods from factories to customers continue to drive up the price of cars, computer chips, furniture and other products, pushing up consumer prices in December at the fastest rate since 1982. The consumer price index climbed 7% in the year to December, and 5.5% after removing volatile prices such as food […]
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Portland start-up entrepreneur Amina Moreau wants you to push back on your plans to return to the office indefinitely. And she has good reasons. After all, for nearly two years, virtually every American employed who has been able to bring work home to help curb the spread of COVID-19. What was meant to be a […]
I ended 2021 on a hot streak with my weekly column where I distinguish the actions to avoid in the coming week. The new year promises to be a little more difficult. My three actions to avoid last week were in motion – like Constellation brands (NYSE: STZ), GameStop (NYSE: GME), and SeaWorld Entertainment (NYSE: […]
OHIO – Despite the ongoing pandemic, the travel industry is looking to recover from two years of quarantine and social distancing. Spectrum News 1 presenter and reporter Chuck Ringwalt spoke to Jeanenne Tornatore about his travel forecast for 2022. What would you like to know Jeanenne Tornatore is a travel, family and lifestyle writer Spectrum […]
Ministries have spent more than £ 14.2million on hire cars for staff this year despite a public sector pay freeze, an investigation has found. In particular, the Ministry of Defense has come under fire for ‘wasting’ taxpayers’ money after revealing it spent nearly £ 13million on hire cars for staff in 2021. The second highest […]
Department of Defense The Ministry of Defense has come under fire after it was revealed that it had spent nearly £ 13million on hire cars for staff this year. An access to information (FoI) request from the PA news agency also showed the Department for Transport spent more than £ 1.1million in the year through […]
This year has thrown 12 long and often difficult months in the travel industry. To recap the year, Skift Research has put together 12 charts that explain how the travel industry has been affected and responded to the Covid pandemic. Most of the charts in this overview are taken from our Skift Research Global Travel […]
WASHINGTON – The Federal Reserve just gave consumers with revolving credit card balances their main New Year’s resolution: pay off that debt ASAP. To fight inflation, the Fed is signaling that starting next year, it plans to raise its benchmark rate, which has hovered around zero percent. Any Fed rate hike may increase costs for […]
Amazon-backed electric vehicle start-up Rivian Automotive Inc said Thursday it will build a $ 5 billion plant in Georgia, its second assembly plant in the United States, with the aim of increasing its production. In its first quarterly results released since its release last month, Rivian posted a net loss of $ 1.2 billion in […]
If we were to ask you what word described 2020 and 2021, the term “unprecedented” might come to mind. In the past 24 months, after all, we have been reprimanded for mentioning the “Unprecedented times” and “the new normal” which followed in the wake of the COVID-19 pandemic after making headlines in early 2020. But […]
Warren, in a new letter obtained by CNN, argues that the chip shortage, and its consequences, is a prime example of how real people can be hurt when a few companies become too dominant in their fields. The Massachusetts Democrat points out that only five companies control 54% of the world’s semiconductor manufacturing, which gives […]
Even without a pandemic, vacation travel is not for the faint of heart. Millions of people are expected to travel this month, with threats of volatile weather and the omicron variant further stressing those keen to close the second year of the pandemic. To help travelers prepare, CNBC Travel asked industry insiders this question: What’s […]
Gati-Kintetsu Express Private Ltd (Gati-KWE) is a joint venture (JV) between Gati and Kintetsu World Express (KWE), in which Gati holds a 70 percent stake while KWE owns 30 percent. The Allcargo group company, Gati Ltd, is looking to grow into a 3,000 crore rupee in three years, run by key accounts, micro, small and […]
Consumer prices surged last month at their fastest pace since 1982, soaring inflation in items ranging from food to shelter showing no signs of slowing down. The Consumer Price Index, which tracks the price of a wide range of products, rose 6.8% in November from a year ago, the Labor Department said on Friday. Core […]