Non-metro airports next hotspots for car rental firms

Chandigarh: Upcoming non-metro airports in Bangalore, Nagpur, Hyderabad and Chandigarh are the next hotspots for the burgeoning car rental market and more so, the self-drive category of the industry. Players in the Rs 9,000-crore organised car rental industry are targeting nonmetro centres, which the Airport Authority of India (AAI) had decided to develop last year, to expand the self-drive mode offered by car rental companies like Hertz, Avis, SIXT, Mega Cabs et al.
Hertz, which would launch its selfdrive mode in Chandigarh this week, would also open ‘Hertz Everywhere’ outlets dedicated to self-drive (also chauffeur drive and Hertz Limousine services) in Pune, Chennai, Hyderabad and Dehradoon, while adding another one in Bangalore.
According to industry analysts, the self-drive component, that comprises barely 5% of the car rental industry, is poised to go up to 20% in the next two to three years. Sources in the AAI also say that the authority has in-principle agreed to have branded car rental outlets at present and upcoming airports to facilitate the business and foreign traveler.
26/12/07 Gulveen Aulakh/Economic Times

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Categories: Airports Dec 2007, New Dec 2007