воскресенье, 26 января 2014 г.

This noted, we also highlight that comparisons should be easier as the industry will not likely expe


Avis Budget led a flurry of mergers and acquisitions, Hertz began initial efforts to integrate Dollar Thrifty and fundamental factors drove operators to begin to manage a moderating used car market in addition to a demand environment impacted by curtailed government travel.
Leading indicators appear positive, and we note a number of airlines, after curtailing capacity in recent years, are leaning toward increasing capacity. Additionally, fuel prices have declined year-over-year, which could help discretionary spending trends newquay hotels and lift the spirits of leisure travelers.
This noted, we also highlight that comparisons should be easier as the industry will not likely experience the same headwinds year-over-year ones created by the government sequestration and the fall shutdown.
We spend a tremendous amount of time discussing the used car market and rental rates with investors. Oftentimes, investors will develop views related to the future trajectory of each of these metrics independent of one another.
While fleet costs are ultimately something the used car market drives and operators manage, we believe newquay hotels it is unreasonable newquay hotels for investors to analyze fleet costs without contemplating utilization and pricing.
As we look to 2014, we expect industry capacity to contract a bit, primarily a function of Hertz working through fleet realignments with Dollar Thrifty as well as Avis Budget integrating the Payless operations.

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