SURREY, ENGLAND, September 18, 2010 /24-7PressRelease/ -- The economic slump hit car hire prices this year. However, www.Carrentals.co.uk discovered that this increase in price did not stop an increase in bookings, regardless of prices inflating by about 9% during 12 months. As easy credit fades into the past, car rental companies find it more challenging to get hold of new purchases. Fleet size growth rates have decreased; older cars become unwanted and have caused the current increase in prices.
Fortunately for the rental business, British citizens are a determined bunch. They need to have a good time and escape on holiday. Hence, the head online Car rental business Carrentals.co.uk has made public and encouraging 17% increase in demand for hire cars for the October half term period (compared to official 2009 statistics).
These results for 2009 and 2010 clearly demonstrate that there is a stably increasing demand for car hire. Now available online and covering a breadth of countries, cars can be organised for exciting places like Barbados, Vancouver, Nice, Pisa and Faro.
"The travel industry got knocked around a bit by the recent financial situation. British travellers, thankfully, are a resourceful bunch and love to escape the typical British weather. Less spare cash leads to travellers needing the best prices imaginable; budget car hire is in demand, especially during these difficult times. Via technology, internet users have more options," Managing Director of Carrentals.co.uk, Gareth Robinson, assured.
A 7 day rental in Faro is available from just GBP12** a day, prices start at GBP13** per day in Crete, or upward from GBP16** a day while in Rome. The lowest is GBP10** daily for the car hire Malaga Airport currently offers.
Carrentals.co.uk brings together deals from 50 of the biggest hire car online operations. Instantly displaying clearly to users prices from major rental businesses like Europe, Sixt, Auto, Budget, Holiday Autos, easyCar and Alamo. This site has car packages in over 9,000 places worldwide. Hence, web-users visiting Carrentals.co.uk always find the best deals. Just click www.carrentals.co.uk to start saving.
"Plan ahead! By organising things beforehand, you can get cheap quality rental vehicles," Gareth says. "The October half term need will be more expensive than 2009. However, with the right strategy, there are deals. I recommend searching locations like smaller nearby towns, city centres and unpopular areas for cheaper deals."
/ends.
*All figures are based on average daily rental prices for bookings made between July and August 2009 and 2010 respectively. The bookings analysed account for a 30% sample of all bookings made via Carrentals.co.uk during these periods. **Prices based on a one week rental from 23 October 2010 and are subject to change.
About Carrentals.co.uk
Carrentals.co.uk was launched in February 2003 and grew to become one of the UK's leading online car hire companies by 2006.
In 2007 the company re-launched its site to create the first major online price comparator in the travel industry. Using the latest technology the Carrentals.co.uk site now searches up to 50 different car hire websites, providing an impartial comparison of the best prices available in over 9,000 locations.
Websites searched include Alamo, Auto Europe, Budget, easyCar, Ebookers, Hertz, Holiday Autos, Opodo, Sixt and Thrifty, with the Carrentals.co.uk site quickly comparing prices and allowing customers to refine their search by car type.
The Carrentals.co.uk site also features over 5,000 pages of travel information in a mini-guide format.
In 2008 Carrentals.co.uk was voted Best Car Hire Website in the Travolution Awards. To book or for further information visit www.carrentals.co.uk.
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