This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Avis Budget Group Launches New Mobile Applications

PARSIPPANY, N.J., March 5, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced the launch of new mobile applications for customers of Avis Car Rental and Budget Car Rental. The new apps provide travelers with an enhanced user experience, greater transparency and mobile access to the most popular ancillary products and services offered by Avis and Budget, including Loss Damage Waiver protection, a Fuel Service Option, Global Positioning System (GPS) device rentals and various insurance coverage options.

"We know how important it is for our customers to have the ability to manage all aspects of their car rental experience when they travel," said Neal Zamore, vice president of consumer marketing, Avis Budget Group. "As a result, we're thrilled to announce that our new mobile apps now provide a faster and easier experience and access to our full range of products and services, giving customers the freedom they deserve."

Mobile applications represent one of the Company's fastest-growing, highest-conversion channels, with reservations from mobile devices having doubled in 2013. "With the new mobile applications, customers can manage their rental profiles and reservations more easily. We expect conversion rates on mobile applications to increase as a result of the enhanced experience which will help us capture incremental volume," Mr. Zamore said.

The new Avis and Budget mobile applications are currently available on the iOS and Android platforms for both Avis and Budget customers. New applications are also available on the Microsoft Windows Phone and BlackBerry operating systems for Avis customers, reflecting the popularity of these devices with business travelers.

The new mobile applications build upon the Company's commitment to put the customer first by employing the latest technology to enhance the rental experience. In November, the Company announced its investment in a series of enhancements to its website infrastructure to provide customers who utilize the mobile versions of Avis.com and Budget.com with a host of new options and features, delivered at significantly faster speeds. This investment also included the mobile versions of Avis.com.au in Australia and Avis.co.nz for New Zealand. And earlier in 2013, Avis Budget Group launched a new mobile application for Budget in Europe.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs