Opens 2 new city offices, in addition to the Abu Dhabi Airport office
Dubai, March 30, 2009: Budget Rent-a-Car, one of the world's leading car and van rental companies, is on an expansion drive in Abu Dhabi. It has recently opened two new city offices, in addition to its current office at Abu Dhabi International Airport.
The announcement was made by UAE-based Liberty Investment Company (LIC), the UAE master franchisee for Budget Rent-a-Car, as it continues to implement its nationwide expansion plan. Budget currently has a network of 16 offices across the UAE, including offices at the Abu Dhabi, Dubai and Sharjah international airports, making it one of the largest and most successful vehicle rental networks in the region.
The new Abu Dhabi offices are in prominent locations at Umm Al Nar and on Muroor Road.
Duncan Peat, Managing Director, LIC's Transportation Division, which oversees both Budget Rent-a-Car and Prime Limousine, said: "Our expansion drive in Abu Dhabi comes at a time when the national capital is experiencing quantum growth and offers tremendous potential for the car rental industry. Over the past four years, Budget has seen a year-on-year growth of 23% per cent. In the same period, the fleet size has expanded by more than 100% per cent."
Established in the UAE in 1980, Budget Rent-a-Car has built a strong reputation in the country's car rental industry, offering daily/weekly rentals as well as short and long term leasing to the corporate sector. Budget's growing vehicle fleet size, which will exceed 5,000 in 2009, features a wide range, from small to luxury class vehicles, including 4-wheel drives. Budget was the first company in the region to add the highly popular Hummer H3 vehicles to its rental fleet.
Budget has been a customer-focused and innovative player in the UAE market. It was the first car rental company in the UAE to offer satellite navigation equipment on rent with the vehicle, and this facility is constantly upgraded with latest technology to keep track of the changing road system in the country. Budget also offers special and attractive weekend rates for residents and tourists, along with an online reservations facility through the website www.budget-uae.com.
"Budget Rent-a-Car UAE offers value added services to residents, businesses and tourists alike, operating to the highest standards set by Budget International worldwide. Our focus now is to expand our network across all Emirates of the UAE so that our customers can enjoy greater convenience and ease of access to Budget offices from any location in the country," added Peat.
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About Budget:
Budget is one of the world's top three vehicle rental companies, with revenues of US$2.4 billion per annum. It has a global presence of more than 2700 locations in 115 countries and territories. The company was founded in 1958 as a car rental company for the value conscious customer. Since then, it has helped define the car rental industry through precedent setting products and services and is recognised as the market leading car rental brand in the Middle East region.
About Liberty Investment Co LLC
Established over 30 years ago, Liberty Investment Co. (LIC) is the UAE-based holding company for a wide range of leading international and local brands and businesses in the United Arab Emirates. LIC is a professionally managed company with diversified business interests in the automobile trade, travel & tourism, transportation, real estate and logistics sectors. For more information, please log on to www.licuae.com
For media queries please contact:
Anthony D'Silva (anthony@communicategulf.com)
Communicate Gulf,
PO Box 50411,
Dubai,
UAE.
Tel. +971 50 4571624.
© Press Release 2009
