Hertz's Business Travel Is Still Lagging Leisure Sales in the U.S.
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Still some way to go, but Hertz is confident blended travel trips will boost its bottom line this year.
Car rental company Hertz’s corporate business has yet to recover to 2019 levels in the U.S.
The famous yellow brand reported its first quarter results on Thursday, where it revealed its leisure business had bounced back.
“We believe that the post-pandemic recovery in the Americas is substantially complete for domestic leisure,” said Alexandra Brooks, interim chief financial officer, during an earnings call. But corporate and international inbound had progressed to 80 percent and 60 percent of 2019 levels respectively, she added.
However, for its international segment, corporate busines
