Avis Budget Group, Inc. (CAR)

Transportation


Founded in 1946, Avis is a global provider of vehicle rental and car sharing services through the Avis, Budget, and Zipcar brands. As of 12/31/16, the Company operated 5,500 Avis locations, of which 2,250 were in the Americas (1,550 owned, 700 licensed) and 3,250 International (1,200 owned, 2,050 licensed), and operated 4,050 Budget locations, of which 2,050 were in the Americas (1,400 owned, 650 licensed) and 2,000 Internationally (650 owned, 1,350 licensed). In 2016, Avis generated 29% of its rental reservations through brand-specific websites, 10% through contact centers, 25% through GDSs, 14% through online travel agencies, 12% through direct-connect technologies and 10% through other sources.