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Hertz:Quarterly Results/2022 Q4: Difference between revisions
Hertz:Quarterly Results/2022 Q4 (view source)
Revision as of 15:39, 8 February 2023
, 8 February 2023→Implications for Sixt
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E.g. How much did rates for Hertz increase? Is the overall market growing and we can expect Sixt to profit from that as well or is Hertz taking making share? | E.g. How much did rates for Hertz increase? Is the overall market growing and we can expect Sixt to profit from that as well or is Hertz taking making share? | ||
* We don't expect the airline travel cancellations witnessed in US during Christmass to impact Sixt's revenue since it also has one-way travel. | |||
* Demand for rental car service is high, hence Sixt will benefit from it. | |||
* We expect Sixt to also record a huge growth in international inbound business. | |||
* Hertz revenue didn't grow because it grap market share from the likes of Sixt but because demand for rental car service started pacing up. | |||
* Sixt to benefit from growth in rates as Hertz noted that European business rate is up 20% in Jnauary compared to the same month in 2022. | |||
== References== | == References== | ||
<references /> | <references /> | ||