United Kingdom
United States
Asia Pacific
Europcar reponse to VW sale reports
Business as usual, is the response of Europcar General Manager Australia, Eoin MacNeill to last week’s sale of Europcar International by Volkswagen to the French investment group Eurazeo.
Mr MacNeill said the ownership change would have no impact on Europcar Asia Pacific’s business structure, operations and key business alliances across the region.
“We are pleased with the sale and the valuation achieved by our parent because it demonstrates that car rental is a valued commodity,” he said.
“The sale aligns us in the Asia Pacific in terms of our ownerships being both private equity firms and their desire to expand operations internationally including China,” he said.
In December 2004, Asia-based equity group Navis Capital Partners was the key investor in a management group’s purchase of Australia’s Europcar franchisee and the Asia Pacific franchise rights from Europcar International.
Europcar Asia Pacific CEO, Doug Hunt said the master franchise was the largest of its kind ever granted by Europcar International and would continue under the new ownership of Europcar International.
Graham Muldoon
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike