четверг, 28 августа 2014 г.
The company revealed that the new Budget rental locations will be operated by the licensees of Avis
You are being directed to ZacksTrade, a division of Zacks Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. seneca hotel chicago ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
Consistent with the goal of expanding its global presence, Budget Car Rental a unit of Avis Budget Group Inc. ( CAR - Analyst Report ) has swarmed the German rental services market by opening seneca hotel chicago 100 new car rental locations since April this year. Moreover, the company plans to open another 50 locations next month which will bring the company s total number of rental facilities to 300 in the country.
The company revealed that the new Budget rental locations will be operated by the licensees of Avis Car Rental. Currently Avis Budget serves value-conscious business and leisure travelers at most of the country s airports and at convenient locations in the metropolitan areas. But now, the company has authorized licensees to provide Budget rental services at particular local-market areas in Germany.
Budget brand s lack of strong positioning in Europe compelled Avis to expand its presence in Germany by this magnitude. seneca hotel chicago Moreover, the company is now focused on expanding its network in the Europe, Middle East and Africa (EMEA) belt to better serve leisure travelers seeking seneca hotel chicago value.
The expansion of its footprint in Germany is expected to boost the company s bookings as well as drive sustained, profitable growth across the EMEA region. Earlier in late 2012, the company tripled its rental locations in Spain in order to strengthen its Budget services across Europe.
Budget Car Rental is a globally recognized car rental brand serving more than 3,350 locations in over 120 countries. Under the brand, Avis Budget operates as an industry leading vehicle rental service provider targeting value-conscious travelers. The brand also operates the second-largest truck rental business in the United States, through a network of nearly seneca hotel chicago 1,650 locations.
We believe that the recent strategic move will facilitate Avis Budget to enhance the Budget brand loyalty by better utilizing the licensee s established presence which will ultimately boost its top line.
Carrying a Zacks Rank #1 (Strong Buy), Avis Budget is a leading vehicle rental company in North America, Australia and New Zealand. Moreover, a formidable network of more than 10,000 rental locations and 350,000 vehicles enables the company to strengthen its well-established position in a highly competitive vehicle rental industry.
Avis Budget follows a core global strategy of collaborating with leading travel brands to expand its customer reach while creating additional demand. In Mar 2013, Avis Budget successfully seneca hotel chicago completed the acquisition of the world s leading car sharing network company, Zipcar seneca hotel chicago Inc. The move enabled the company to extend its offerings from car rental to car sharing, thereby helping it to compete with peers like United Rentals Inc. ( URI - Snapshot Report seneca hotel chicago ), Hertz Global Holdings Inc. ( HTZ - Snapshot Report ) and Ryder System Inc. ( R - Analyst Report ).
One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll seneca hotel chicago be notified seneca hotel chicago of major events affecting your stocks and/or funds with daily email alerts.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating seneca hotel chicago system. Since 1986 it has nearly tripled seneca hotel chicago the S P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Подписаться на:
Комментарии к сообщению (Atom)
Комментариев нет:
Отправить комментарий