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DRIVING CHANGE in the RENTAL VEHICLE INDUSTRY the Need for National Tax and Regulatory Reform
DRIVING CHANGE IN THE RENTAL VEHICLE INDUSTRY The need for national tax and regulatory reform Tourism & Transport Forum $RIVINGCHANGEINTHERENTALVEHICLEINDUSTRY 2 For further information please contact: Caroline Wilkie National Manager Aviation & Transport Tourism & Transport Forum T +61 2 9240 2016 Tourism & Transport Forum (TTF) E [email protected] represents the following rental vehicle companies Kary Petersen Manager Transport Tourism & Transport Forum T +61 2 9240 2013 E [email protected] 8th Floor 8-10 Loftus Street Sydney Nsw 2000 T +61 2 9240 2000 F +61 2 9240 2020 www.ttf.org.au CONTENTS INTRODUCTION 2 Tourism & Transport Forum 2 EXECUTIVE SUMMARY 3 THE RENTAL VEHICLE INDUSTRY 4 Size and scope of the industry 4 Key benefits 4 The challenges ahead 7 THE REGULATORY AND TAX BURDEN 9 Cost of compliance 9 Regulation 10 Taxes and charges 13 COST OF INACTION 22 Lost opportunities 22 REFORM AGENDA 24 Options for reform 24 Benefits of reform 25 Barriers to reform 26 Case studies 27 CONCLUDING REMARKS 29 INTRODUCTION TOURISM & TRANSPORT FORUM Marketing & Attractions Tourism & Transport Forum (TTF) is the peak industry s #REDIT#ARDS group for the Australian tourism, transport, aviation and s #ULTURAL!TTRACTIONS investment sectors. A national, member-funded CEO s .ATURAL4OURISM forum, TTF advocates the public policy interests of the s4HEME0ARKS 200 most prestigious corporations and organisations in s4OURISM-ARKETING/RGANISATIONS these sectors. Major Events, Business Tourism, Retail & Hospitality s !GENCIES TTF’s membership comprises the -
Toronto Urban Sharing Team
URBAN SHARING City report no 2 in TORONTO URBAN SHARING TEAM URBAN SHARING IN TORONTO City report no. 2 URBAN SHARING TEAM: Oksana Mont, Andrius Plepys, Yuliya Voytenko Palgan, Jagdeep Singh, Matthias Lehner, Steven Curtis, Lucie Zvolska, and Ana Maria Arbelaez Velez 2020 Cover design: Lucie Zvolska Cover photo: Oksana Mont Copyright: URBAN SHARING TEAM ISBN: 978-91-87357-62-6. Print Urban Sharing in Toronto, City report no.2 ISBN: 978-91-87357-63-3. Pdf Urban Sharing in Toronto, City report no. 2 Printed in Sweden by E-print, Stockholm 2020 Table of contents 1 INTRODUCTION ..................................................................................... 1 2 THE CITY CONTEXT ................................................................................. 5 2.1 Geography and demographics ................................................................ 5 2.1.1 Topography and urban sprawl .................................................. 5 2.1.2 Socio-demographics.................................................................. 6 2.1.3 Tourism ..................................................................................... 6 2.2 City governance ....................................................................................... 6 2.2.1 Governance structure ................................................................ 6 2.2.2 City regulatory policies for sharing ............................................ 8 2.3 Economy ................................................................................................ 11 2.3.1 -
Amsterdam, 21 January 2009
Amsterdam, 17 October 2013 Announcement of partnership with Hostelling International Dear ISIC issuers, We are very pleased to announce that a global Memorandum of Understanding (MoU) has been signed between the International Student Identity Card (ISIC) Association and Hostelling International (HI). In fact, this MoU is the renewal of our partnership dating back to 1993. The objective of this MoU between the ISIC Association and Hostelling International is to outline joint opportunities for areas to work together on a local level, and to introduce a cobranded HI-ISIC card as a possible Hostelling International membership card where appropriate locally. Through the contact list attached to the MoU, we encourage you to connect with Hostelling International on a country level in order to explore the potential relationship and/or co-brand opportunities. Hostelling International will today also be announcing the partnership with the ISIC Association to their local member organisations. About Hostelling International Hostelling International is a non-governmental, not-for-profit organisation representing 70 Member Associations and Associate Organisations all over the world. Hostelling International works closely with the United Nations Educational, Scientific and Cultural Organisation (UNESCO) and the World Tourism Organisation (UNWTO). Hostelling International has also been identified as the sixth largest provider of travel accommodation in the world. Membership With nearly four million guest members, HI is one of the world’s largest youth membership organisations and is the only global network of Youth Hostel Associations. Customers can choose from around 3,700 Youth Hostels, all meeting internationally agreed standards in order to guarantee guest a safe and friendly place to stay. -
Travel Leaders Echo Experts: Make Fact-Based Decisions About Traveling U.S
Travel Leaders Echo Experts: Make Fact-Based Decisions About Traveling U.S. Officials: "It Is Safe for Healthy Americans to Travel" WASHINGTON (March 10, 2020)—A coalition of 150 travel-related organizations issued the following statement on the latest developments around coronavirus (signatories below): "For the travel and hospitality industry, the safety of the traveling public, our guests and our employees is of the utmost importance. We are in daily contact with public health authorities and are acting on the most up-to-date information on the evolving coronavirus situation. "Health and government officials have continually assured the public that healthy Americans can 'confidently travel in this country.' While it's critically important to remain vigilant and take useful precautions in times like these, it's equally important to make calm, rational, and fact- based decisions. "Though the headlines may be worrisome, experts continue to say the overall coronavirus risk in the U.S. remains low. At-risk groups are older individuals and those with underlying health conditions, who should take extra precautions. "The latest expert guidance indicates that for the overwhelming majority, it's OK to live, work, play and travel in the U.S. By seeking and heeding the latest expert guidance—which includes vigorous use of good health practices, similar to the preventive steps recommended for the seasonal flu—America's communities will stay strong and continue to thrive. The decision to cancel travel and events has a trickle-down effect that threatens to harm the U.S. economy, from locally owned hotels, restaurants, travel advisors and tour operators to the service and frontline employees who make up the backbone of the travel industry and the American economy. -
Enterprise Rent-A-Car and Europcar Expand Strategic Alliance to Create the World’S Largest Car Rental Network
For more information, contact: Ned Maniscalco, Enterprise Rent-A-Car 314-512-5523, [email protected] FOR IMMEDIATE RELEASE Enterprise Rent-A-Car and Europcar Expand Strategic Alliance To Create the World’s Largest Car Rental Network Partnership Expands Transatlantic Alliance Established in 2006 Between Europcar and National Car Rental and Alamo Rent A Car September 4, 2008 (St. Louis, Missouri) – Enterprise Rent-A-Car, North America’s largest car rental company, and Europcar, the number one car rental company in Europe, today announced they have enhanced their strategic alliance to include the Enterprise brand in North America, as well as the National Car Rental and Alamo Rent A Car brands that previously constituted the transatlantic partnership. Enterprise and Europcar have been working to formally expand the alliance ever since Enterprise’s purchase of the National and Alamo brands in North America in August 2007. With the addition to the new partnership of the Enterprise brand in North America, the alliance now offers a combined fleet of more than 1.2 million rental vehicles in more than 13,000 locations in 162 countries. The newly expanded partnership constitutes the largest car rental network in the world. The expanded alliance provides rental car coverage for customers traveling between each partner company’s areas of operations. Under the terms of the agreement, the partners will also take a coordinated approach to global corporate accounts, offering today’s companies and organizations the most extensive service provider network in the rental car industry anywhere in the world, complete with coordinated loyalty programs. The alliance is designed to leverage and develop traffic between North America and Europe: each year an estimated 12 million people travel across the Atlantic in either direction. -
People of the State of California V. Turo Inc. File Stamped Complaint
1 DENNIS J. HERRERA, StateBar#l39669 City Attorney , 2 YVONNE R. MERE, State Bar# 173594 Chief of Complex and Affirmative Litigation 3 NATALIE M. ORR, State Bar #290590 JAIME M. HULING DELAYE, State Bar #270784 4 Deputy City Attorneys Fox Plaza 5 1390 Market Street, 6th Floor San Francisco, California 94102-5408 6 Telephone: (415) 554-3849 Facsimile: (415) 437-4644 7 E-Mail: [email protected] 8 Attorneys for Plaintiff PEOPLE OF THE STATE OF CALIFORNIA, 9 acting by and through DENNIS J. HERRERA AS CITY ATTORNEY OF SAN FRANCISCO 10 11 SUPERIOR COURT OF THE STATE OF CALIFORNIA 12 COUNTY OF SAN FRANCISCO 13 UNLIMITED JURISDICTION 14 PEOPLE OF THE STATE OF CALIFORNIA, case ~GC-18-5638 0 3 acting by and through DENNIS J. HERRERA 15 AS CITY ATTORNEY OF SAN FRANCISCO, COMPLAINT FOR INJUNCTIVE RELIEF 16 AND CIVIL PENALTIES FOR VIOLATIONS Plaintiff, OF BUSINESS AND PROFESSIONS CODE 17 SECTION 17200 vs. 18 TURO INC., and DOES 1-100, inclusive, 19 Defendants. 20 21 22 The PEOPLE OF THE STATE OF CALIFORNIA, by and through San Francisco City 23 Attorney DENNIS J. HERRERA ("the People"), file this Complaint against Defendants TURO INC. 24 and DOES ONE through ONE HUNDRED (collectively, "Turo"). The People allege as follows: 25 INTRODUCTION 26 1. This action arises out of Turo' s unlawful and unfair operation of a rental car business at 27 San Francisco International Airport ("SFO" or "the Airport") without a valid permit, in direct violation 28 of SFO's Rules and Regulations, the California Vehicle Code, and the California Penal Code. -
“How to Analyse a Car Rental Company”
Investor Campus – The “How to analyse Series” 1 Module # 3 – Component # 2 “How to analyse a car rental company” This component focuses on the basics of the car rental industry. We look at the fundamentals of the industry, the economics, the risks and the financial equation that investors can expect to find in a typical car rental business. This is one component in the Investor Campus series of “How to analyse …” In this series, over 50 individual industries are covered. It also assumed that the reader has the base knowledge to analyse a generic company. Objectives To identify the profit drivers behind this industry, the business model, risks and critical success factors. Expected Outcomes: ? To understand the economic and financial fundamentals of the industry. ? To understand the key issues and profit drivers in this industry. ? To be able to review a typical company within this sector and compare it meaningfully to global norms. ? To be able to identify warning signals and opportunities in a typical company in this sector. ? To be equipped to conduct an interview with management of a company in this industry. ? To understand a recipe to analyse a company in this sector. Investor Campus – How to analyse a car rental business Investor Campus – The “How to analyse Series” 2 Car rental summary table Key ratios to · ROCE: an indication of the operational competence of the business. assess a car rental · ROE: combines operational performance with gearing level. business · Debt to equity ratio: Indication of financial leverage and risk. · Interest cover: An indication of financial risk. · Operating margin and ROS: Ability to generate accounting profit. -
Car Rental Security Contacts
Car Rental Security Contacts www.carrentalsecurity.com This list is divided into three sections. The first is the Corporate Headquarters (HQ) information for each agency. In some cases there may also be listed a “Car Control” function normally responsible for overdue vehicles, vehicle impounds/towing, etc. Some may list toll-free after-hours numbers and/or Customer Service / Roadside Assistance numbers. After-hours information may be limited depending upon the agency. Vehicle registration information is also listed where provided. Keep in mind that most agencies have “floating” or “controlled” fleets so vehicles with out of state plates may have been rented locally. The second part of the list is a summary state-by-state listing of those security contacts located in the field. The last listing is a detailed list of all security contacts (HQ and Field) by rental agency name and then in alphabetical order. See www.carrentalsecurity.com for the most current list. Please note the footnote disclaimer. Current as of 03/25/2008 HQ SECURITY CONTACTS ADVANTAGE ALAMO AVIS AVIS BUDGET GROUP BUDGET CCRG CENDANT DOLLAR DTG/DTAG ENTERPRISE HERTZ NATIONAL PV HOLDING RENTAL CAR FINANCE VANGUARD FIELD SECURITY CONTACTS – by State AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY ALL SECURITY CONTACTS – by Company ADVANTAGE ALAMO AVIS AVIS BUDGET GROUP BUDGET CCRG CENDANT DOLLAR DTG/DTAG ENTERPRISE HERTZ NATIONAL PV HOLDING RENTAL CAR FINANCE VANGUARD DISCLAIMER – This list is for the exclusive use of Car Rental Security, Law Enforcement, Bank Card Security and other Security related groups. -
Impact of Car Sharing on Urban Sustainability
sustainability Review Impact of Car Sharing on Urban Sustainability Vasja Roblek 1 , Maja Meško 2,3 and Iztok Podbregar 3,* 1 Faculty of Organisation Studies in Novo Mesto, 8000 Novo Mesto, Slovenia; [email protected] 2 Faculty of Management, University of Primorska, 6000 Koper, Slovenia; [email protected] 3 Faculty of Organizational Sciences, University of Maribor, 4000 Kranj, Slovenia * Correspondence: [email protected] Abstract: The article gives us an insight into the key issues of car sharing and its impact on urban sus- tainability. A selection of 314 articles published in peer-reviewed journals from the Scopus database were analysed using Leximancer 5.0 for Automated Content analysis. A total of seven themes were identified explaining the researched topic of the car sharing situation in Europe, which are sharing, economy, model, systems, electrical car sharing, policy and travel. There are two ways of sharing owned cars in Europe; access to cars from the fleet of private organisations and P2P car sharing. Sustainable environmental solutions in the context of the electrification of cars are used. Car sharing usually takes place online and can be free or for a fee as defined by The European Economic and Social Committee. The article provides an overview of understanding the concept of urban car sharing in Europe. Keywords: sustainability; urban sustainability; car sharing; Europe 1. Introduction This article aims to provide an overview of understanding the concept of urban car sharing, whose growth and development has been influenced by the recent financial crisis Citation: Roblek, V.; Meško, M.; that caused an economic recession in both the US and Europe between 2007 and mid-2009, Podbregar, I. -
Issue Brief: Peer-To- Peer Car Sharing
Peer-to- Peer Car Sharing What is Peer-to-Peer Car Sharing? Peer-to-peer (P2P) car sharing refers to sharing privately-owned vehicles, for money, over an internet platform operated by a third-party. It is often referred to as “Airbnb for cars,” highlighting its similarity to other business models in the “sharing economy.” The most prominent P2P car sharing company is Turo, which is available in every state but New York. How does P2P Car Sharing Compare to Traditional Car Rental? Traditional car rental companies say there is no difference between them and P2P car rental companies because they provide the same service — the temporary transfer of a vehicle, without a driver, for money. But car sharing companies say they are not like car rental companies because they do not own cars, set rates, or arrange for delivery. Instead, they say they are technology companies providing platforms to facilitate private transactions and charging fees for that access (see public hearing testimony, Connecticut Senate Bill (SB) 216 (2020)). What is the Issue for Lawmakers? The National Conference of State Legislatures (NCSL) cites promoting innovation, greater consumer choice, and car ownership expense reduction as some of the benefits to P2P car sharing. But this business model is a challenge for states because it often falls into a legal gray area. P2P car sharing companies may not be legally considered car rental companies, and Source: Turo existing state laws related to car rental safety, insurance, and taxation may not neatly apply to the business model. Therefore, states are increasingly considering how P2P car sharing operates within their existing regulatory schemes and deciding whether, and if so how, the business should be regulated. -
Introduction to Hostelling International
Information & Application Form May 2007 INTRODUCTION TO HOSTELLING INTERNATIONAL The Youth Hostel movement was founded in Germany in the early years of this century, and spread rapidly between the wars, especially in Europe. Today, Hostelling International offers you a choice of nearly 4,500 accommodation centres in more than 60 countries worldwide. In Malaysia, the Malaysian Youth Hostels Association - MYHA was formed in the early fifties. The MYHA offers two accommodation centres in Malaysia at Kuala Lumpur & Penang which are associate hostels. Kuala Lumpur: Wira Hotel (Associate Youth Hostel) 123, Jalan Thamboosamy off Jalan Putra 5035 Kuala Lumpur. Tel: 03-4042 3333 Penang: Naza Hostel (Associate Youth Hostel) 555, Jalan CM Hashim Tanjung Tokong 11200 Penang Tel: 04-8909300 NO AGE LIMIT Despite their name, hostels are open to people of all ages in virtually every country where they are located. Only a small number of hostels in Germany have an age restriction which is a requirement of the local legislation. Guests under 14 years of age should be accompanied by an adult. MEMBERSHIP To stay at a hostel, you MUST become a member of your National Youth Hostel Association (YHA). In Malaysia, you can become a member of the MYHA in order to access to the hostels all over the world at an affordable price. PRIVILEGES OF BEING A MEMBER OF THE YHA You can stay at any one of the 4500 hostels worldwide at an affordable price now that you are a member of the YHA. You also get the privilege to certain benefits including access to discounts worldwide. -
Andrew C. Taylor Executive Chairman Enterprise Holdings Inc
Andrew C. Taylor Executive Chairman Enterprise Holdings Inc. Andrew Taylor, who became involved in the automotive business more than 50 years ago, currently serves as Executive Chairman of Enterprise Holdings Inc., the privately held business founded in 1957 by his father, Jack Taylor. Enterprise Holdings operates – through an integrated global network of independent regional subsidiaries and franchises – the Enterprise Rent-A-Car, Alamo Rent A Car and National Car Rental brands, as well as more than 10,000 fully staffed neighborhood and airport locations in 100 countries and territories. Enterprise Holdings is the largest car rental company in the world, as measured by revenue and fleet. In addition, Enterprise Holdings is the most comprehensive service provider and only investment-grade company in the U.S. car rental industry. The company and its affiliate Enterprise Fleet Management together offer a total transportation solution, operating more than 2 million vehicles throughout the world. Combined, these businesses – accounting for $25.9 billion in revenue in fiscal year 2019 – include the Car Sales, Truck Rental, CarShare, Commute vanpooling, Zimride, Exotic Car Collection, Subscribe with Enterprise, Car Club (U.K.) and Flex-E-Rent (U.K.) services, all marketed under the Enterprise brand name. The annual revenues of Enterprise Holdings – one of America’s largest private companies – and Enterprise Fleet Management rank near the top of the global travel industry, exceeding many airlines and most cruise lines, hotels, tour operators, and online travel agencies. Taylor joined Enterprise at the age of 16 in one of the original St. Louis offices. He began his career by washing cars during summer and holiday vacations and learning the business from the ground up.