Avis Returns to Japan With Presence at Gateway Airports
April 18 2018 - 9:00AM
PARSIPPANY, N.J., April 18, 2018
(GLOBE NEWSWIRE) -- Avis Car Rental, the leading international car
rental brand in Asia, today announced its return to the Japanese
market with the opening of its flagship location at Chitose
International Airport on Hokkaido Island. The opening is the first
of several planned this year, with locations at Fukuoka
International Airport, Narita International Airport and Kagoshima
International Airport, scheduled for the summer. Idex Auto Japan, a
dealer of new and previously owned vehicles and car rental operator
in Japan, has been appointed the Company's licensee to operate the
brand.
"Relaunching our iconic premium brand into a
market as large as Japan exemplifies our continued commitment to
driving sustained profitable growth," said Mark Servodidio,
president, International, Avis Budget Group. "And with Japan
hosting the Rugby World Cup in 2019 and the Olympics in 2020, the
timing is perfect. Together with Idex Auto Japan, we look forward
to bringing our world-class mobility products and services to
business and leisure customers across Japan."
The new facilities will provide local and
international customers with Avis' world-class products and
services, including a wide range of late-model vehicles, short- and
long-term rentals, and outstanding customer service. Customers will
be able to book reservations for Chitose International Airport
at www.avis.com, with new locations added over the course of
the summer.
"In recent years, the Japanese government took
action to relax regulations in an effort to attract tourism, and
its efforts have been well received. Japan has had a steady
increase in the number of inbound tourists since, and East Asia is
set to host some of the world's largest sporting events," said
Toshimichi Takada, president of Idex Auto Japan. "We're excited to
build on this momentum and operate the Avis brand in Japan at such
a critical time."
Avis' legacy in Asia can be traced back to 1970,
when the Company opened its first location in Hong Kong. Operations
in Singapore, the Philippines, Malaysia, Indonesia and Pakistan
followed. Operations have grown steadily throughout the region ever
since, including Avis' leading presence in China, which began in
2002. Avis now has approximately 300 locations in Asia.
The Company's agreement with Idex Auto Japan to
operate the Avis brand in Japan builds upon a relationship that
dates back to 1985. Idex Auto Japan is a licensee partner for
Budget, an industry leader in providing vehicle rental services to
value-conscious travelers, and sister-company to Avis.
About
Avis
Avis Car Rental operates one of the world's best-known car rental
brands with approximately 5,500 locations in approximately 170
countries. Avis has a long history of innovation in the car
rental industry and is one of the world's top brands for customer
loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ:CAR),
which operates and licenses the brand throughout the world. For
more information, visit www.avis.com.
Contact:
Alice Pereira
973.496.3916
PR@avisbudget.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Avis Car Rental via Globenewswire
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