| Parsippany, NJ Jul 31, 2008 -
Budget Rent A Car today announced that it has reached a multi-year agreement with Expedia, Inc., the world’s leading online travel provider, to showcase Budget’s fleet inventory in the Expedia® Preferred Rental Car Program. Under the agreement, Budget will receive preferred partner positioning on Expedia.com® and Expedia.caTM, and Expedia customers will receive the best rates available on Budget rentals through the sites.
“Budget is a smart choice for today’s value-conscious travelers,” said Kaye Ceille, senior vice president of global travel and partnership sales for Avis Budget Group, parent company of Budget. “We are excited about our partnership with Expedia as it will help leisure and business car rental customers take advantage of the value, great service and convenience that Budget has to offer.”
“Expedia welcomes Budget into the Expedia Preferred Rental Car Program, which will enable Budget to reach Expedia’s unmatched audience of travelers online, while giving Expedia customers access to Budget’s affordable prices,” said Lloyd Johnson, senior vice president, Transport & Tour, Expedia.
About Expedia, Inc.
Expedia, Inc. is the world’s leading online travel company, empowering business and leisure travelers with the tools and information they need to easily research, plan, book and experience travel. Expedia, Inc. also provides in-destination concierge service and activity desks for travelers. The Expedia, Inc. portfolio of brands includes: Expedia.com®, hotels.com®, Hotwire®, Egencia™ (formerly Expedia Corporate Travel), TripAdvisor®, Expedia Local Expert™, Classic Vacations® and eLong™. Expedia, Inc.’s companies operate more than 60 global points of sale in more than 40 countries, with sites in North America, South America, Latin America, Europe, Middle East, Africa and Asia Pacific. Expedia, Inc. is a component of the S&P 500 index. For more information, visit www.expediainc.com/ (NASDAQ: EXPE).
Budget Rent A Car System, Inc., celebrating its 50th anniversary in 2008, is the owner and franchiser of one of the world's best-known car rental brands. Budget has more than 1,900 car rental locations in the U.S., Canada, Latin America, the Caribbean, Australia, New Zealand and parts of the Pacific region. The company also operates Budget Truck Rental and is a wholly owned subsidiary of Avis Budget Group, Inc. (NYSE: CAR). For further information, visit visit budget.com.
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