UK-BASED car hire company, Rhino, has launched its operations in the Middle East, after signing a strategic agreement with UAE-based TIME Hotels. With this partnership in place, TIME will be able to offer ‘live’ car rental bookings through its own website. Real time rates and availability will be visible to the millions of online visitors that log on to TIME Hotels’ website every year.
“We wanted to partner with Rhino, principally because their entire business strategy is built on offering exceptional value-for-money, in a rate sensitive sector, without compromising on operational quality, or customer service. That’s something we believe in very strongly and the bedrock of our own brand,” said Mohamed Awadalla, CEO, TIME Hotels.
Goldstein Research analyst forecasts the UAE car rental and leasing market is anticipated to grow at a CAGR of more than 9 per cent between 2017-2025, as investments by the new and existing market players in the region is expected to upsurge in coming years. With the increased number of tourist arrivals year-on-year and the impending Expo 2020, the growth of the car rental and leasing market is forecast to continue unabated. The self-driving segment, at a CAGR of 12.4 per cent is likely to be the fastest growing segment over the next five years.
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.