Are there certain times of year that are busier than others?
Yes, like any business, our platform experiences seasonal fluctuations in demand. Based on national travel data, we tend to see increased demand during the summer months and major holidays, such as Thanksgiving and Christmas. However, demand can vary depending on your specific location and local events.
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Is vehicle utilization impacted by seasonality?
Yes, vehicle utilization can be impacted by seasonality. For example, demand for certain types of vehicles may be higher during certain seasons, such as convertibles during the summer months. Additionally, some regions may experience higher demand ...
Are there certain months that tend to have more travel?
Yes, according to national travel data, summer months tend to be the busiest travel season, with more people taking vacations and road trips. June, July, and August are typically the months with the highest volume of travel.
Are there certain months that tend to have less travel?
Yes, the winter months, particularly January and February, tend to have less travel as people return to work and school after the holidays. However, there may still be demand for local trips and events, so it is important to monitor local trends in ...
How do you account for seasonality in your rental rates?
We take seasonality into account when setting our rental rates by adjusting rates to reflect demand and utilization rates during different times of the year. This helps to ensure that our rental rates remain competitive and fair for both owners and ...
How do you determine the initial price for a rental vehicle?
Generally, the initial price for a rental vehicle is based on a variety of factors, including the make and model of the vehicle, the location of the rental, the time of year, and the competition in the market.