Automotive Industry: Europe car rental industry Research Report
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Inclination in the demand for rented cars in emerging countries would be the key growth driver for Europe Car rental Industry. ...
Inclination in the demand for rented cars in emerging countries would be the key growth driver for Europe Car rental Industry.
Latvia is increasingly emerging as a popular destination for medical tourists, as some treatments and consultations are accessible for prices nearly 30-40% lower than in Western European countries. This has been a major factor stimulating the demand for car rental fleets thus, strengthening the revenue of car rental players in the country. Car rental industry in Latvia is estimated to grow at a CAGR of 5.24% over the period 2012-2017 with the revenue reaching USD 382 million by 2017.
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