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Editor’s note: This is a recurring post, regularly updated with new information. Long lines at the rental car counter can be agonizingly slow, especially at busy tourist destinations or at night when fewer staff is present at the rental counter. New to The Points Guy? Sign up for our daily newsletter and check out our …
Operator
Greetings and welcome to the Avis Budget Group First Quarter 2021 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce David Calabria, Treasurer and Senior Vice President of Corporate Finance. Thank you. You may begin.
David Calabria
Treasurer and Senior Vice President, Corporate Finance
Good morning, everyone. And thank you for joining us. On the call with me are Joe Ferraro, our Chief Executive Officer, and Brian Choi, our Chief Financial Officer.
Uber launched car rentals in its app nationwide Wednesday, and will launch a valet service next month in DC to drive them to customers.
The car rental program, called Uber Rent, will offer in-app bookings from brands like Avis and Hertz, according to Uber.
Prices will be set by the rental companies, Uber said, and it will take a cut of the bookings, similar to how traveling booking sites operate.
There has been a shortage of rentals cars in the US after rental companies sold off much of their idle fleets early in the Covid-19 pandemic.
Uber believes it can attract customers to reserve rentals cars with it by streamlining the experience with a decluttered look following feedback from user testing. It also said it will initially offer a 10% rebate on all bookings with Uber Cash, money that can be spent on Uber s app for other purchases. The company didn t say how long the 10% discount will last for.
Unlike Rod McCallum (
Traveller Letters, March 20) I don t think it would worry me if I lost my Qantas frequent flyer membership card. These days I earn FF points in many ways and places such as credit card purchases, transactions at service stations, pharmacies, non-card financial services and even a health app just for walking day in, day out.
I know where my card is, however, I can t recall when I last had to produce it. There s an image of it on my phone if really needed. The days of having to produce a plastic card are fading fast.
Allan Gibson, Cherrybrook, NSW