Dollar Rent a Car outlets have already opened in strategic locations in Dubai and Bahrain over the past three months and expansion plans are well underway to expand throughout UAE and Middle East.
Simultaneously, ARENCO announced that they are to be a key sponsor for Dubai Shopping Festival 2005, and expressed the hope that this will provide an additional boost to Dollar's launch effort.
It was also announced that Dollar's fleet of cars in the UAE is expected to more than double to 350 nos. before the end of the year. The rental fleet comprises premium brand vehicles from Japanese, American and European car manufacturers and includes sedans, sport utility vehicles, minivans etc.
As part of its expansion program, Dollar plans to open 20 new franchise outlets throughout the MENA region, including two more in Dubai before the end of the year. These will be located in the Jebel Ali Free Zone and at the Dubai Airport. In addition, Dollar intends to appoint new franchisees in Qatar, Kuwait, Oman, Saudi Arabia, Lebanon and Jordan to meet their growth targets.
"All over the world, Dollar Rent a Car is a name synonymous with affordable, reliable cars and unparalleled service. We are committed to maintaining this reputation here in the Middle East and ensuring a safe and enjoyable rental experience for all our customers," said Sam Eltibi, regional director, MENA, Dollar Thrifty Automotive Group.
"Our target customers range from the corporate business travelers to tourists and residents who are looking for convenience and ease of travel. Our flexibility and choice enable us to cater to all these various demographics. Tailor-made lease vehicle packages are available at Dollar outlets to suit all logistical requirements and budgets," said K.V. Vijay Raghavan, Manager, Dollar Rent a Car. "With a completely brand new fleet of vehicles, Dollar is able to offer the best value for money to all its customers," he added.
The Dollar fleet is professionally maintained and each vehicle goes through a lengthy and extensive quality control check before it is rented out to customers. To coincide with their official launch in the UAE, Dollar Rent a Car has special offers for those looking to rent 4-wheel drives. It is also planning an exciting promotion during the holy month of Ramadan.
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Aggressive expansion plans announced by recently launched Dollar Rent a Car
- United Arab Emirates: Wednesday, October 13 - 2004 at 16:06
- PRESS RELEASE
Unveiling aggressive expansion plans, A.A. Al Moosa (ARENCO) Group, a leading UAE-based corporation, officially launched Dollar Rent a Car brand in the UAE today.
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Notes and media contacts
About Dollar Rent a Car (International)Dollar Rent a Car is a worldwide brand operating in over 26 countries with a current fleet of 180,000 vehicles.
About the Dollar Thrifty Automotive Group
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Driven by the mission "Value Every Time", the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value- conscious travelers in approximately 70 countries. Dollar and Thrifty have approximately 800 corporate and franchised locations in the United States and Canada, and they have operations at most major airports. The Company's more than 7,000 employees are located mainly in North America, but global service capabilities exist through an ever expanding franchise network.
Some of the statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Although Dollar Thrifty Automotive Group, Inc. believes such forward-looking statements are based upon reasonable assumptions, such statements are not guarantees of future performance and certain factors could cause results to differ materially from current expectations. These factors include: price and product competition; economic and competitive conditions in markets and countries where the companies' customers reside and where the companies and their franchisees operate; airline travel patterns; changes in capital availability or cost; costs and other terms related to the acquisition and disposition of automobiles; costs of conducting business and changes in structure or operations; and certain regulatory and environmental matters. Should one or more of these risks or uncertainties, among others, materialize, actual results could vary from those estimated, anticipated or projected.
Dollar Thrifty Automotive Group, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
For more information, please contact:
Sam Eltibi
Regional Director, Middle East and North Africa
Dollar Thrifty Automotive Group, Inc.
Tel: +971 4 43328833
Fax: +971 4 3324454
Posted by Christine H. Andersen, Assistant News EditorWednesday, October 13 - 2004 at 16:06 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Mon Jul 03 2006.
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