Compared with a year ago, rental prices increased nearly 50 per cent on daily rates for midsize cars booked a week in advance, according to the Abrams Travel Data Rate Index, which tracks major car rental brands. The Abrams Index found an average daily rate of US$93.06 on the fourth Monday in October this year, compared to $64.56 on the same day a year earlier.
Prices were also up more than 50 per cent for a compact car booked a week in advance, with an average weekly rate of $289.14 on the fourth Monday of October, compared to $188.46 on the same day in 2008, according to the Abrams index.
Dr. Duru