Carrentals.co.uk Positive Despite Collapse of 1Car1

    LIGHTWATER, ENGLAND, March 27, 2009 /24-7PressRelease/ -- The UK's leading car hire comparison site, Carrentals.co.uk, is remaining positive about the rental market despite news of 1Car1 going into administration.

Managing director of Carrentals.co.uk, Gareth Robinson, says: "The news that 1Car1 has been placed in the hands of administrators is bad news for its employees, however it proves just how tough the rental market is. The truth is that in the current climate the vehicle hire industry is facing challenges with fleets, costs and budget-conscious customers, and only the best companies will survive."

"Both business travellers and holidaymakers are being forced to cut back on their spending, and get savvier about what they book. They want a company that is established and trusted to deliver the right car at the best possible price. This is where comparison sites come into their own, offering customers a wider choice of vehicle providers in a single place, while delivering the most competitive deals."

Despite the challenges of the economic downturn, Carrentals.co.uk is positive about rentals both in the UK and overseas. While 2009 is billed as a bumper year for UK holidays (Carrentals.co.uk UK rentals are up 20%), the company is also reporting demand for overseas rentals up 10%, with the company expecting turnover to exceed GBP25m at its year-end in January - up from GBP23m last year.

Gareth adds: "What we are seeing is customers still committed to taking a holiday, or seeing through their travel plans, but they are looking for ways to reduce their costs. Car hire is one of many areas that can be brought in under budget - it's a competitive market, now more than ever, so sites such as ours that compare prices and find a better deal are giving back control to the customer."

Carrentals.co.uk compares car hire deals from up to 50 car rental companies, including Sixt, Alamo, Holiday Autos and EasyCar, in over 9,000 locations worldwide.

To compare the best car hire deals visit www.carrentals.co.uk.

About Carrentals.co.uk
Carrentals.co.uk was launched in February 2003 and grew to become one of the UK's leading online car hire companies by 2006.

In 2007 the company re-launched its site to create the first major online price comparator in the travel industry. Using the latest technology the Carrentals.co.uk site now searches up to 50 different car hire websites, providing an impartial comparison of the best prices available in over 9,000 locations.

Websites searched include Budget, Thrifty, Sixt, Holiday Autos, Opodo, EBookers, Carrentals.co.uk and EasyCar, with the Carrentals.co.uk site quickly comparing prices and allowing customers to refine their search by car type.

The Carrentals.co.uk site also features over 6,000 links to useful tourist information sites, plus over 2,700 pages of travel information in a mini-guide format.

In 2008 Carrentals.co.uk was voted Best Car Hire Website in the Travolution Awards. To book or for further information visit www.carrentals.co.uk

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Context
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