The Greek tourist industry has suffered a decline in holiday bookings following protests in the capital, Athens. The demonstrations and strikes have been a reaction to austerity measures put in place by the government. According to the hoteliers’ association in Athens, there has been cancellations of 20,000 resort and hotel bookings so far. Travel agent [...]

Dubai-based Emirates has announced massive profits at a time when most other airlines are struggling. The airline posted year-end profits of $964 million, an increase of over 400 per cent. Emirates claim that it has been able to weather the recession, which has crippled some other airlines, by continuing its strategy of growth. Emirates has [...]

Leading car rental company Avis Budget Group has announced a narrower 2010 first quarter loss than originally forecast. Aided by increased rental prices and a range of cost-saving initiatives, the New Jersey-based company has said the earnings outlook for the remainder of the year was positive. Net loss for the group’s first quarter period narrowed [...]

With the cost of renting a car becoming an increasingly expensive proposition over recent months, recent industry moves have led to speculation that deals may become harder to find. Last week’s takeover of the Dollar Thrifty group by industry giant Hertz cause mild panic among consumers who felt that a larger organisation would lead to [...]

Europcar, Britain’s leading car rental company has announced new efforts to bring ease of travel to embattled UK holidaymakers. With the forecasted rebound in spring and summer travel hit hard by the ongoing rail and airline industrial disputes, not to mention the massive disruptions caused by the Iceland volcanic ash cloud, travel plans for Britons [...]

Economy car hire has announced plans aimed at making sure rental car users are not left short in the event of a car hire shortage. The economic recovery has seen visitor numbers and the general tourism industry in the UK rebound strongly from last year’s dire recession levels, leaving many industry analysts fearing a car hire shortage [...]

The US train industry ia bracing itself for a boom as more people take to the rails for travel. The United States has a proud history of train travel, with much of the country built around overland routes which created the vast nation’s earliest transport links.  However, in recent years, with the popularity of budget [...]

One of the leading US car rental companies is offering a great new deal. Advantage Rent A Car, has announced that all online bookings made via its website will receive a five per cent discount. The five per cent savings will apply to all weekly car bookings that are under the program and must be made before [...]

The National Association of Automobile Manufacturers of South Africa (NAAMSA) has released its figures for March, with car rental companies contributing heavily to the rise in aggregate new vehicle sales. New car sales for the month, compared with year-on-year numbers from 2009, revealed a significant increase of 20.1 per cent, while the figure also represented [...]

The United States automotive industry is entering a state of battle as the three leading manufacturers – GM, Ford and Toyota – go head-to-head in the race for leadership. The past month has seen all three groups offer a huge range of incentives to woo American motorists, a push that has resulted in the highest [...]