This report provides information on the sector environment of the Car Hire Companies Italian market: detailed data on the sector by segment, market trends and its main drivers, competitive forces and their impact on the market, future expectations, recent events and developments in terms of product, distribution channel, potential risks, regulatory framework. http://www.bharatbook.com/travel-and-tourism-market-research-reports/car-hire-companies-in-italy-sector-environment.html
There are two distinct areas of business:
• Short term hire involves contracts for a limited period (up to 12 months). The end user has no responsibility for interventions to maintain the vehicle. Traditionally, short term car hire services are provided at airports and railway stations;
• Medium/ long term hire (LTH) involves longer contracts (from 12 to 60 months and beyond). Once again, the end user has no responsibility for any maintenance interventions. Indeed, in long term hire, vehicles are chosen directly by the company that makes use of the service, but they are owned and managed by the rental company, which is also responsible for all associated costs and charges. This area also includes fleet management activities, i.e. the provision of an outsourcing service for the management of client companies' vehicle fleets. Some long term car rental companies offer this service in addition to their core activities. Business Report
The rental fee is the price paid for the service, which incorporates a calculation for operational costs and charges, including normal depreciation of the vehicle.
The different contract lengths for short and long term hire is a key differentiator that tends to diminish when short term contracts exceed one month in duration. Frequently, rental companies offer various different formulas and combinations.
Another differentiating factor is the fact that in short term hire the vehicle has normally already been used,
whereas long term hire generally involves new vehicles.
Databank’s methodology for Competitors reports begins with a careful screening to identify the main organisations that are representative of a given sector. Several one-to-one interviews are then conducted with the selected organisations. Questionnaires are sent to all the leading companies on an annual basis. The information collected is then verified by an expert in the particular sector using a system of counterchecks to guarantee that the information is entirely reliable and consistent. The process is then completed using Cerved Group’s proprietary information about Italian enterprises. All Competitors reports also include details concerning the strategies and performances of the leading companies in each sector.
1. INTRODUCTION TO METHODOLOGY 3
2. SECTOR DESCRIPTION 4
2.1. Scope 4
2.2. Segments 4
3. SECTOR ENVIRONMENT 5
3.1. Sector data 5
3.2. Competitive forces 6
3.3. Notable recent events and developments 8
CONNECTED PRODUCTS AND SERVICES 10
List of Tables and Graphs:
CAR HIRE COMPANIES: MARKET TRENDS BY VALUE, 2009-2013
CAR HIRE COMPANIES: IMPACT OF COMPETITIVE FORCES IN SHORT TERM HIRE, 2012
CAR HIRE COMPANIES: IMPACT OF COMPETITIVE FORCES IN LONG TERM HIRE, 2012
For more information kindly visit :
Car Hire Companies in Italy - Sector environment
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