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...The two companies agreed that Hertz “keep the cars longer than a year, we work with them, and we have the right to first refusal whenever they want to take them out of the fleet”, he said....
...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
...The chief executive of Hertz will step down from his role at the car rental group as it pivots away from a bet on electric vehicles, which proved expensive for the company to service....
...The company increased its total revenue 5 per cent to £147mn and adjusted operating profit by 2 per cent to £14mn....
...The fashion rental market in itself remains an opportunity that companies are testing, trying to cater to different consumers’ mindsets and budgets....
...Hertz shares surged as much as 9 per cent after the car rental group said it expected to cut costs by $250mn in addition to its plans to cut its fleet of expensive electric vehicles....
...But there are several aspects of the English rules that should work in the favour of companies such as Airbnb....
...Holiday rental platform Airbnb launched a $6bn share buyback programme on Tuesday as it said 2024 would be an “inflection point” for its business....
...Bird Global, the company that pioneered on-street electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest start-up ever to reach a so-called...
...Hammerson reported gross rental income rose 6 per cent on a like-for-like basis, and signed 306 new leases at rents 37 per cent higher than previous rates....
...“There are also specialised furniture rental companies, who typically speak English,” says Kaz Harada of local agent Hikari Home, “but if you’re staying for longer than two years, it works out cheaper to...
...France is seeking to clamp down on Airbnb and other holiday rental companies, spurred on by mayors in tourist destinations such as the Alps and the Basque country who are concerned that the platforms are...
...Big share price moves in Europe today include British technology company Spirent Communications, French aviation company Thales, UK car dealer Inchcape and UK equipment rental company Ashtead....
...Hunt also abolished the furnished holiday lets regime, which gives tax breaks to holiday rental businesses....
...There were signs of cooling in the still hot rental market....
...There, about a third of rental apartments are owned by professional investors, according to data from Savills....
...Lucian Cook, head of UK residential research at estate agent Savills, conceded the short-term rental market had taken much needed housing stock out of the private rental sector....
...Jack, a 27-year-old web designer from the UK, said he was asked to relocate to Argentina by a US company so that it “could pay [him] less to afford the same lifestyle”....
...The company increased its total revenue by 5 per cent to £147mn and adjusted operating profit by 2 per cent to £14mn....
...Holiday rental platform Airbnb launched a $6bn share buyback programme on Tuesday as it said 2024 would be an “inflection point” to “reinvent” the company by branching out from its core business....
...In principle, the rental and owned-home market are substitutes....
...“Older A320s are potentially able to realise around one-third higher monthly rental today than they were at the peak of the last demand cycle.”...
...Hodari said his company had also been “inundated” with calls from WeWork customers since its going concern warning in August....
...Lending the company’s brand name and sharing rental income with landlords instead of leasing space — a capital-light structure — is another possibility....
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