Posted 05/22/2019 1:56:43 PM
MADRID, May 22 (EUROPA PRESS) –
Car rental rates could fall by 2.5% in Spain due to strong market competition and excess capacity, according to a study by American Express Global Business Travel (GBT).
At an international level, the data is more positive. The study predicts that tariffs will increase slightly in European countries such as France and Switzerland (0.5% and 2.5%, respectively), although with slight decreases in the United Kingdom, with -0.5% or Belgium, with -4%. ,5%.
Also, in the United States and Canada, tariffs will increase their prices by 1%, driven by the increase in demand after a long period of growth, while in countries such as Argentina, Brazil, Chile and Mexico they foresee an increase of 0, 75%, despite the fact that companies face higher costs due to technological improvements and vehicle safety.
The study has also looked at the growth of mobility providers based on mobile applications, such as Lyft and Uber, driven by the demand of travelers and stricter environmental regulation.
“Land transport is often overlooked in the management of travel programs, but this dynamic and evolving sector is a key part of the business traveler’s experience,” said GBT Global Vice President of Consulting. .