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The farebox recovery ratio is the ratio of fare revenue to total transport expenses for a given system. [1] These two figures can be found in the financial statements of the operators. Oftentimes the operator runs multiple modes of transport (e.g. subway and bus), and there is no data for individual modes (segment analysis).
A Concierge Travel Center opened at the airport in May 2010, offering the ability to book airline tickets, cruises, tours, car rentals, and hotel rooms. [76] In January 2011 the Airport Authority, city of Lansing, and DeWitt Township announced a 50-year 425 land, tax, and services agreement at the airport between the city and township. [77]
A natural extension of hotel revenue management was to rental car firms, which experienced similar issues of discount availability and duration control. In 1994, revenue management saved National Car Rental from bankruptcy. Their revival from near collapse to making profits served as an indicator of revenue management's potential. [8]
The Federal Trade Commission announced a final rule banning ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.
For most consumers, the main point of buying a used car is to save money off the cost of a new one. The average transaction price for new cars was $48,510 as of April 2024, according to Kelley Blue...
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A consolidated rental car facility (CRCF) or consolidated rental car center (CONRAC) is a complex that hosts numerous car rental agencies, typically found at airports in the United States. The most important incentives for building consolidated facilities are greatly reduced traffic congestion in airport pick up and drop off areas and increased ...