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Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars. [10] [11] Within five years, Jacobs' fleet expanded to 600 vehicles—generating annual revenues of approximately US$1 million. [11]
Thrifty Car Rental. Thrifty Car Rental is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Thrifty is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car and Dollar Rent A Car. Thrifty typically caters to budget-conscious leisure travelers.
Hertz stated revenue increases of 34 percent, and up to $10.8 billion, between 2006 and 2013. By that time worldwide car rental revenues went up 37% and up to $8.7 billion; U.S. off-airport locations doubled, revenues increased by 45%, and the total number of locations increased from 7,600 to 11,200.
In 2019, construction began on a new car rental facility at the airport, with an estimated budget of $140 million. [21] This facility moves car rental out of the parking garage, opening up more spaces for travelers. The new building opened in late 2021, and utilizes electric buses to transport passengers. [22]
Enterprise Rent-A-Car is the official car rental service of the NCAA, NHL and the UEFA Europa League. From 2004 to 2010, it was a sponsor of the Professional Bull Riders (PBR) circuit. In 2018, it entered into a 15-year agreement to hold the naming rights for Enterprise Center, the home arena of the St. Louis Blues.
The LAX Consolidated Rent-A-Car Facility is currently under construction at Los Angeles International Airport. When completed in mid-2024, the US$ 1.5 billion building will be the largest CONRAC in the world at 6,300,000 square feet (590,000 m 2) and will host up to 21,000 rental vehicles.
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