U.S. Travel Association CEO Roger Dow: "An Encouraging Economic Sign That Car Rentals Are Up"
ST. LOUIS, MO--(Marketwire - Nov 18, 2011) - Airport car rental reservations for the Thanksgiving holiday are up more than 10 percent over last year for the Alamo Rent A Car, Enterprise Rent-A-Car and National Car Rental brands, all owned and operated by Enterprise Holdings.
"We know that millions of travelers will be at the airport next week with only one thing on their minds -- reaching their families and friends in time to celebrate Thanksgiving," said Rob Hibbard, vice president, Enterprise Holdings. "As a result, we have been preparing for this annual travel peak for many months. Our fleet and our employees are ready to meet the needs of car rental customers from coast to coast."
Alamo, Enterprise and National -- which swept Executive Travel magazine's 2011 "Leading Edge Awards" for the top three car rental brands in the travel industry -- collectively lead with more than one-third of all airport business in the United States and Canada.
AAA is projecting that more than 42.5 million Americans will travel more than 50 miles for Thanksgiving celebrations -- a 4 percent increase over 2010 travel.
"It's an encouraging economic sign that car rentals are up over last Thanksgiving," said Roger Dow, president and CEO, U.S. Travel Association. "Last year, the car rental sector had an economic output of $33.5 billion and supported 152,000 U.S. jobs at 7,170 places of business across America. When Americans travel, they create jobs, boost economic output and increase revenues for states and local communities."
About Enterprise Holdings
Through its regional subsidiaries, Enterprise Holdings owns and operates the National Car Rental and Alamo Rent A Car brands, as well as its flagship Enterprise Rent-A-Car brand in North America. In addition, the company currently operates the Enterprise Rent-A-Car brand in the UK, Germany and Ireland, and a licensee network that operates the National and Alamo brands throughout the Americas.
Further, Enterprise led the car rental industry for seven years in a row in an annual North American airport car rental survey, which includes both leisure and business travelers.
With annual revenues of $14.1 billion and more than 70,000 employees, Enterprise Holdings owns and operates more than 1.2 million cars and trucks, making it the largest car rental company in the world measured by revenue, employees and fleet. In addition, the company's annual revenues place it near the top of the travel industry, exceeding many airlines and most cruise lines, hotels, tour operators and online travel agencies. Ranked No. 15 on the Forbes "Top 500 Private Companies in America" list, Enterprise Holdings is owned by the Taylor family and headquartered in St. Louis. Enterprise Holdings and its affiliates offer business and retail customers a total transportation solution, which includes hourly rental, car leasing, WeCar by Enterprise car sharing and Enterprise Rideshare vanpooling programs, as well as the Enterprise Car Sales, Enterprise Commercial Trucks and Enterprise Fleet Management business lines. For more information about Enterprise Holdings, visit www.enterpriseholdings.com. For more information about Enterprise Holdings' Corporate Sustainability Report or the company's environmental stewardship and long-term commitment to the sustainability of its business, visit www.DrivingFutures.com and follow @LeeBroughton on Twitter. This news release and other announcements are available at the Enterprise Holdings press room.
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