Market Trends

Car Rental Market Trends under Coronavirus Covid19 – 6th edition, from 15th of May to 31st May 2020

James Godfrey
June 4, 2020
In these difficult times for the tourism industry in general and for the car rental industry, WeYield has decided to aggregate anonymized data from the various clients we have per geographical zone.

The goal is to share some key performance indicators for the months of July and August 2020 from our WeYield Apps. In this sixth edition, we compared the indicators between two reference dates (15th May versus 31st May).

These data have no statistical mean due to limited set of companies but more to step back and enlarge the perspective to other areas on the planet. Hope this helps.

Take care.

The evolution of Days compared to 15 days ago is encouraging for July

The situation is now changing in Reunion Island with +7% Days on rent in July and +8% in August,
Summer is performing better than in the previous weeks

We have a small but positive evolution for August by +1% Days compared to 15 days ago .
July still late in terms of volume

The situation is now improving compared to 15 days ago, particularly in August with +4% Days

The short term activity is still small for July and August, this situation will improve shortly with the end of lockdown in France.

As for the last study, days continue to increase for July with +29% Days on rent and August with +26% .
Summer is continuing to improve!

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James Godfrey
June 4, 2020

I am a Customer Success Manager at WeYield, my role is to support Customers to achieve their goals. I like talking to customers to understand their needs and how they currently work. We push them to understand there are other ways to do things and challenge them to look at their own data in different ways.

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