The Traderszone Network

Published in TZ Latest News 26 December, 2014 by The TZ Newswire Staff

Great Stocks: Avis Price Hikes, Zipcar Drive Growth

Avis Budget’s profitability largely depends largely on its average daily rental rate, due to a highly variable cost structure. Avis Budget (CAR) has rolled out the first phase of a pricing tool designed to inch up rates without cutting market share. It creates a more nimble price structure that targets highly profitable segments of operations. Rental car pricing has lagged gains in the travel industry, but Avis is starting to see progress.

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