EasyRentCars is Leading the Online Luxury Car Rental Trend
EasyRentCars is Leading the Online Luxury Car Rental Trend
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21 Aug, 2017, 11:08 BST
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HONG KONG , Aug. 21, two thousand seventeen /PRNewswire/ — If you’re planning to spend memorable holidays in the USA , EasyRentCars.com now offers the chance to be at the wheel of the supercar you have always dreamed of.
From August 21st , the e xotic, s ports, American m uscle and u ltra l uxury car collections of Beverly Hills Rent-A-Car (BHRAC) are officially available for booking on EasyRentCars.com. The Audi R8, Bentley GTC, Ferrari 488, Lamborghini Huracan are only a few of the luxurious series available in different US locations, including Las Vegas , San Francisco and Los Angeles .
Most countries’ travelers, car rental companies and tour operators assert that high-end vehicles are in high request in the USA , notably thanks to the country’s developed economy and road network, as well as its strong touristic appeal. The country is host to several iconic road excursion’s itineraries, such as the California State Route 1, Route 66, Highway 61, US route twenty and 30. With its brand fresh range of premium offers, EasyRentCars.com aims at providing titillating and reliable solutions to the growing request of high-end vehicles in the USA .
Growing Market Trends in Car Rental
On a global scale, the luxury car rental market is expected to witness significant growth due to the enhancing tourism industry and request for high-end vehicles. According to Technavio’s Global Car Rental Market report (2016-2020), the luxury car rental market was valued at $9.92 billion in two thousand fifteen and is predicted to dual and reach $Nineteen.66 billion by 2020, suggesting a rapid request growth worldwide.
Similar rapid growth is estimated for the car rental industry as a entire, which is expected to grow along international tourism. Concretely, about fifty five million more tourists traveled abroad in two thousand sixteen compared to 2015. Among different countries and regions, other than APAC, Europe and North America , the car rental market in ROW (Rest of World, especially Middle East ) shows particular potential. It was valued at $Four.94 billion in two thousand fifteen and is predicted to reach $Ten.48 billion by 2020, growing at a CAGR (Compound Annual Growth Rate) of 13.82%.
On top of growing international tourism, enlargening global Internet invasion is another key factor explaining the growth of the car rental industry. Global Internet invasion enlargened from 29% in two thousand ten to 41% in 2014. As a consequence, technology service providers and operators have been enhancing their Internet-based and mobile services to create and meet request.