Subscribe
Login
Business Travel

Analysis: Zipcar to expand to airports and embrace business travel under Avis Budget ownership

Dennis Schaal

Skift Take

With the deal, Zipcar will have some big bucks backing its expansion as Avis Budget takes car-sharing more into the mainstream.

Avis Budget Group plans to expand Zipcar availability at airports during peak-demand periods, and will also offer one-way Zipcar service to and from airports. It's a graduation of sorts for Zipcar, which offers car-sharing services on more than 300 college campuses, and 20 metropolitan areas in North America and Europe. Following news of Avis Budget's $500 million deal to acquire car-sharing service Zipcar, these are among the plans detailed by officials from both companies during a conference call and in an investor presentation. Avis Budget took in about 74% of its $4.3 billion in rental time and mileage revenue in 2011 from airport locations, and hopes to use the Zipcar fleet to fill in at airports when Avis Budget is running out of cars. Avis Budget CEO Ron Nelson, who conceded he is a car-sharing

Get unlimited access with Skift Pro.

Subscribe now for complete access to Skift.com's trusted coverage of the travel industry.

Apple Pay, Google Pay, Paypal, VISA, Mastercard, Discover, American Express

Already a subscriber? Login