The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Diversified Services > Car & Truck Rental & Leasing > Avis Group Holdings, Inc.

Avis Group Holdings, Inc.
 NEWS FROM THE STANDARD
Cendant to Buy Travel Reservations Company
Jun 18 2001 10:48 AM PDT

Cendant in Talks to Acquire Galileo
Jun 07 2001 10:54 AM PDT

 PROFILE
You can't accuse Avis Group Holdings (formerly Avis Rent A Car) of not having drive. It is the nation's largest franchisee of the Avis car rental system, maintaining some 220,000 vehicles at more than 1,650 locations, mainly in North America. Although most of its sales come from business travelers, it is upping efforts to attract leisure travelers and even consumers who stay home, but need supplementary transportation. Cendant, the #1 hotel and real estate franchisor, acquired Avis Group in its entirety (it previously held 18%) in 2001 and now owns about 4,400 Avis locations worldwide. CEO A. Barry Rand resigned upon completion of the deal.

 COMPETITION
ANC Rental Corporation (ANCX)
Budget Group, Inc. (BD)
The Hertz Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,244.00
1-Yr. Sales Growth: 27.3%
Employees: 28,000
Revenue per employee: $151,571.43

 KEY PEOPLE
• Kevin M. Sheehan
    CEO
• Kevin M. Sheehan
    CFO

 CONTACT INFO
900 Old Country Rd.
Garden City, NY 11530
US
Phone: 516-222-3000
Fax: 516-222-6677
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001