Budget Rent a Car

Susan G. Komen LivePink Program Provides Mother's Day Gift Ideas for Fitness-Focused Moms

Retrieved on: 
Wednesday, March 29, 2023

DALLAS, March 29, 2023 /PRNewswire/ -- Healthy habits such as exercising regularly, limiting alcohol intake, and maintaining a healthy weight are linked to a lower risk of breast cancer and other health conditions. Other healthy habits are good for your overall health. Research has shown that adopting healthy behaviors may not only help lower one's risk of breast cancer, but it can also improve survival and lower the risk of breast cancer recurrence. Healthy habits may also improve outcomes for those who are in active treatment. This Mother's Day, Susan G. Komen®, the world's leading breast cancer organization, offers a variety of gifts and services through its "LivePink" program that can help individuals make healthier choices every day. Additionally, products purchased through the program benefit Komen's mission to end breast cancer forever.

Key Points: 
  • This Mother's Day, Susan G. Komen ®, the world's leading breast cancer organization, offers a variety of gifts and services through its " LivePink " program that can help individuals make healthier choices every day.
  • The GT + Komen Echelon® GT+ Connect Bike with the Echelon Komen Accessories can help you get moving this spring.
  • In partnership with Susan G. Komen, YogaWorks has created YogaWorks Pink , a free membership that offers a restorative fitness program for the breast cancer community.
  • The program also provides members access to YogaWorks' regular collection of more than 1,300 on-demand classes and 25+ live classes each day.

Budget Saudi Records Historic Profits in 2022 Driven by Strong Demand and Fleet Expansion

Retrieved on: 
Monday, March 13, 2023

Jeddah, Saudi Arabia--(Newsfile Corp. - March 13, 2023) - Budget Saudi, one of the leading car rental companies in Saudi Arabia, has announced record-breaking profits for 2022.

Key Points: 
  • Jeddah, Saudi Arabia--(Newsfile Corp. - March 13, 2023) - Budget Saudi, one of the leading car rental companies in Saudi Arabia, has announced record-breaking profits for 2022.
  • This impressive growth was largely driven by an increase in sales revenue, which totaled over 1 billion riyals.
  • The company's short-term rental fleet saw strong demand throughout the year, while long-term leasing also contributed significantly to the profits.
  • Budget Saudi's ongoing dedication to providing top-quality service to customers has been a major factor in achieving these historic results.

Digitate Propels Digital Transformation Forward with Enhanced AIOps Capabilities and New Solutions

Retrieved on: 
Tuesday, January 25, 2022

Additionally, the release improves the overall user experience with easy-to-use integrations, new, intuitive interfaces, and enhanced mobile app access.

Key Points: 
  • Additionally, the release improves the overall user experience with easy-to-use integrations, new, intuitive interfaces, and enhanced mobile app access.
  • Together, the new releases give Digitate customers a comprehensive, unified, and easy-to-use software suite to increase business velocity and achieve greater resilience and agility, while propelling their cloud migrations forward.
  • This new release significantly expands and enhances product capabilities and delivers pre-packaged solutions on an integrated SaaS platform.
  • Digitate is advancing the autonomous enterprise by equipping organizations with the industrys first single-stack solution across IT operations, assurance, and business operations, said Akhilesh Tripathi, CEO of Digitate.

Malco Enterprises Chooses RateGain's revAI to Accelerate Post-COVID Business Recovery

Retrieved on: 
Monday, January 24, 2022

LONDON, Jan. 24, 2022 /PRNewswire/ -- RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Malco Enterprises of Nevada, Inc. (Malco), a leading Car Rental Company in Las Vegas, has selected RateGain to drive business recovery with the world's first AI-powered revenue management platform revAI.

Key Points: 
  • LONDON, Jan. 24, 2022 /PRNewswire/ -- RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Malco Enterprises of Nevada, Inc. (Malco), a leading Car Rental Company in Las Vegas, has selected RateGain to drive business recovery with the world's first AI-powered revenue management platform revAI.
  • Malco has operated as 'Budget Rent A Car' of Las Vegas since 1989, and is one of the largest car rental franchise for ABG in North America.
  • The company operates in about 10 locations spread across Las Vegas, including the McCarran International Airport.
  • Car Rentals have been subject to extreme volatility since the onset of COVID-19.

Malco Enterprises Chooses RateGain's revAI to Accelerate Post-COVID Business Recovery

Retrieved on: 
Monday, January 24, 2022

LONDON, Jan. 24, 2022 /PRNewswire/ -- RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Malco Enterprises of Nevada, Inc. (Malco), a leading Car Rental Company in Las Vegas, has selected RateGain to drive business recovery with the world's first AI-powered revenue management platform revAI.

Key Points: 
  • LONDON, Jan. 24, 2022 /PRNewswire/ -- RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Malco Enterprises of Nevada, Inc. (Malco), a leading Car Rental Company in Las Vegas, has selected RateGain to drive business recovery with the world's first AI-powered revenue management platform revAI.
  • Malco has operated as 'Budget Rent A Car' of Las Vegas since 1989, and is one of the largest car rental franchise for ABG in North America.
  • The company operates in about 10 locations spread across Las Vegas, including the McCarran International Airport.
  • Car Rentals have been subject to extreme volatility since the onset of COVID-19.

Avis Budget Group to Announce Second Quarter 2021 Results on August 3rd

Retrieved on: 
Tuesday, July 6, 2021

Conference Call to Discuss Results Scheduled for August 4th, 2021

Key Points: 
  • Conference Call to Discuss Results Scheduled for August 4th, 2021
    PARSIPPANY, N.J., July 06, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2021 results after the market close on Tuesday, August 3rd, 2021, and to host a conference call for institutional investors to discuss these results on Wednesday, August 4th, 2021 at 8:30 a.m. Eastern time.
  • A telephone replay will be available from 11:00 a.m. Eastern time on August 4th, 2021 until 10:00 p.m. on August 18th, 2021 at (877)-660-6853 using conference code 13721250.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.
  • Avis Budget Group is headquartered in Parsippany, N.J.

Avis Budget Group Announces Pricing of $500 Million of Senior Notes

Retrieved on: 
Wednesday, March 10, 2021

PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the Notes) in a private offering, which represents a $150 million increase from the previously announced size of the offering.

Key Points: 
  • PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $500 million aggregate principal amount of 4.75% senior notes due 2028 (the Notes) in a private offering, which represents a $150 million increase from the previously announced size of the offering.
  • The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.
  • The Company intends to use the net proceeds from the Notes offering, together with cash on hand, to redeem all of the Issuers outstanding 6.375% senior notes due 2024 and $140 million of the Issuers outstanding 5.250% senior notes due 2025, and pay related fees and expenses.
  • This press release does not constitute a notice of redemption of the 6.375% senior notes due 2024 and 5.250% senior notes due 2025.

Avis Budget Group Announces Intention to Offer $350 Million of Senior Notes

Retrieved on: 
Tuesday, March 9, 2021

PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $350 million aggregate principal amount of senior notes due 2028 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., March 09, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $350 million aggregate principal amount of senior notes due 2028 (the Notes) in a private offering.
  • The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.
  • The Company intends to use the net proceeds from the Notes offering, together with cash on hand, to redeem all of the Issuers outstanding 6.375% senior notes due 2024 and pay related fees and expenses.
  • This press release does not constitute a notice of redemption of the 6.375% senior notes due 2024.

Avis Budget Group Announces Pricing of $600 Million of Senior Notes

Retrieved on: 
Wednesday, February 17, 2021

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers) priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 (the Notes) in a private offering.
  • The closing of the offering of the Notes is expected to occur on March 1, 2021, subject to customary closing conditions.
  • The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.
  • This press release does not constitute a notice of redemption of the 10.500% senior secured notes due 2025.

Avis Budget Group Announces Intention to Offer $600 Million of Senior Notes

Retrieved on: 
Wednesday, February 17, 2021

PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $600 million aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.

Key Points: 
  • PARSIPPANY, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (theCompany) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the Issuers), intend, subject to market and other customary conditions, to offer $600 million aggregate principal amount of senior notes due 2029 (the Notes) in a private offering.
  • The Notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries.
  • This press release does not constitute a notice of redemption of the 10.500% senior secured notes due 2025.
  • Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.