Global Car Rental Business Market Outlook to 2027 – Technology Innovations to Spearhead Growth in Post COVID-19 Environment
The “Car Rental Business – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The increasingly tougher business environment in the travel and tourism sector is sending ripples of disruption, fear and anxiety across the entire value chain including car rentals. The rapid spread of COVID-19 across the globe is having an enormous impact on the travel and tourism industry. From cruise ship quarantines to complete grounding of airlines as countries seal their borders to prevent spread of the disease, the travel industry is feeling the heat of the chaos unleashed by the pandemic. With all of the world’s favorite tourism destinations being off-limits to visitors and guests, the worst affected are countries with the highest contribution of travel and tourism to national GDP such as the Caribbean; Maldives; Philippines; Thailand, Italy, Malaysia, Turkey, Sri Lanka, Chile, Peru, Indonesia; China, Egypt; Mexico, among others. The indirect and