July 2, 2022

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Loop Head Tourism Chair Accuses Car Rental Companies Of Price Gouging


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Picture Getty Illustrations or photos Professional through Canva.com

The Chair of Loop Head Tourism has accused automobile rental firms of cost gouging.

Luke Aston says he’s experienced rate hikes 1st hand, although he’s reviews of folks travelling here getting quoted as substantially as two thousand euro to hire a car or truck for a week.

The Car or truck Rental Council claims rental businesses being forced to offer off their inventory of cars through the pandemic is to blame, with stock degrees at the commencing of the 12 months at about 50% of what they would have been in pre-pandemic a long time.

 

Luke claims although inventory shortages are understandable, he fears the selling price rises will effects the vacationer trade.

Listen to the complete interview listed here: 

Assertion from the Car or truck Rental Council

Rental organizations ended up compelled to offer off their stock of automobiles in the course of the pandemic. Going into 2022, inventory amounts have been about 50% of what they would have been in pre-pandemic several years. In rebuilding inventory degrees, motor vehicle rental corporations deal with a lack of provide of new cars from suppliers in the wake of the pandemic. World vehicle production slowed considerably throughout the pandemic and there is now a big backlog of orders for new cars. The dilemma is compounded by element provide challenges for the production of new cars. Higher desire and supply shortages have resulted in far more high priced and much less new cars and trucks available to the Irish current market.

Even though present-day forecasts for abroad visitor numbers recommend that all round automobile rental demands can be fulfilled, the factors outlined over are very likely to end result in some shortage of rental cars in peak desire durations. It will take time for car or truck rental organizations to develop automobile stocks again up to pre-pandemic degrees. In the meantime, holidaymakers should really book cars early to secure the most effective charges. I understand very similar challenges exist in other European tourism destinations.

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