Webinar: Tips & Tricks - Travel Policies and Company Settings
Watch this recording of a live webinar where we unpack valuable features and best practices for setting up your travel policies and company settings...
1 min read
Cassie Sclafani : March 11, 2021
With the vaccine rollout well underway, there’s hope that travel will start to pick up this summer. While this is great news for companies and travelers alike, it could create a bit of a challenge for car rental companies. Right now there’s a global shortage of semiconductors used in automobiles - and if you know nothing about cars like me, this just means that there is a manufacturing delay on new vehicles. Many business travelers have also been opting to drive instead of fly and data shows that they’re holding on to their rental cars for longer periods of time, creating reduced fleets of available cars. Couple this with the semiconductor issue and car rental companies could have a shortage of available vehicles to rent.
This shortage could lead to higher prices, location closures, sellouts, and longer waits to pick up cars for travelers. In situations like these, we think it’s best to be prepared. So if you or your travelers need to book a rental car in the coming weeks (or even months), here are a few tips to keep in mind to ensure a smooth rental experience.
This is still a developing story and although there's the possibility of an inconvenience, some car rental companies feel confident that the potential shortage won’t impact travelers. In any case, our team is always ready to help. Whether you’re planning travel for the future or encounter an issue on the road, feel free to reach out!
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