Avis Budget Group
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The $1 billion facility will consolidate rental car operations currently spread across the Westchester neighborhood of Los Angeles. Before the construction of the ConRAC, these rental car companies operated 3,200 daily shuttle trips around the Central Terminal Area and on streets around LAX.
The LAX Consolidated Rent-A-Car Facility is currently under construction at Los Angeles International Airport. When completed in mid-2024, the US$1.5 billion building will be the largest CONRAC in the world at 6,300,000 square feet (590,000 m 2) and will host up to 21,000 rental vehicles.
Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey. Along with Budget Rent a Car , Budget Truck Rental and Zipcar , Avis is a unit of Avis Budget Group .
Dollar Rent A Car (formerly known as Dollar A Day Rent A Car) is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Dollar is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car, Firefly Car Rental and Thrifty Car Rental.
In 2006, following the Travelport sale, Cendant, now composed solely of its vehicle rental services businesses, renamed itself Avis Budget Group. Locations. Worldwide, as of 2019, 2,275 locations are company owned, and 1,650 are licensees; 1,925 offices are located in the Americas, and 2,000 are located internationally.
After opening five locations, he was determined to open lucrative airport locations; however the "big three" car rental companies, Hertz, Avis and National, had already established locations in airports and made it difficult for the new company to enter the market.