Avis pulling into town

9 December 2013
The Phnom Penh Post
Economy and commerce / Foreign investors / Imports / Investment / Trade
Avis / Avis Budget Group Latin America/Asia Pacific / Ear Chariya / Handicap International / Laos / Patric Siniscalchi / Rami Sharaf / RMA Group

International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group.

If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom.

The company will open facilities in Phnom Penh and Siem Reap, the statement said, along with facilities in Vientiane, Luang Prabang and Pakse in Laos. …

Avis currently has 5,750 facilities in 165 countries. Parent company Avis Budget Group reported $2.4 billion in revenue over the first three quarters, a 10 per cent hike from the same period last year. …

 Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town