When it comes to car rental trends in a post-COVID world, the best advice we can give is to pack your wallet and your patience.
There are a number of reasons why a previously stable market is now in the process of fluctuation. In the summer, there were the usual travel woes as the world began “opening up” again.
But by the end of the summer, the devastating storms in the Gulf region and the Northeast meant that people were in desperate need of cars.
As such, the car rental trends fluctuated again.
While car rental trends are always changing as the COVID cases continue to fluctuate, industry experts suggest that travelers can rely on the following four trends to continue into 2021 and beyond.
As car rental demands increase, expect rental companies to form strategic partnerships with travel companies that can serve as a sales funnel of sorts.
A perfect example of this trend can be found with the Hertz Corporation’s recent partnership with Aeroméxico to feed consumers into the Mexican car rental market.
With travel still being on shaky ground, there will be a significant drop in rental car prices. And, according to Insider, this could be good for the overall travel economy.
Because people are finding all-inclusive vacations to be preferable to booking piecemeal, the need for camper rentals will be increasing in 2021 and beyond.
If you’re looking — or needing — to rent a car during the holiday season, be prepared to not find one. And, if you do, be prepared to pay a premium price.