久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Motoring

Rental companies expand fleets ahead of likely changes

By Hao Yan (China Daily) Updated: 2016-08-22 07:44

Rental companies expand fleets ahead of likely changes

Two rental cars outside a Homeinns hotel in Beijing. Beijing Shouqi Group and Homeinns Co Ltd entered strategic partnership on Aug 11 in Beijing to increase the number of car pickup and return outlets in the hotel chain's network. Hao Yan / China Daily

With cities across China putting restrictions on new car purchases, hire sector is expecting a bright future

Chinese car rental companies are accelerating expansion of their fleets in tier-two and tier-three cities, in expectation of gaining a larger share of the rapidly evolving mobility market over the next five years.

Beijing Shouqi Group and Homeinns Co Ltd entered a strategic partnership on Aug 11 in Beijing to increase the number of car pickup and return outlets in the hotel chain's network, as the two companies' combined network would cover not only tier-one cities but also tier-two and tier-three cities, according to the companies' news release.

Shouqi Car Rental covers 66 cities with a network of nearly 500 locations, while Homeinns operates nearly 3,000 hotels in 355 Chinese cities.

Wei Dong, chief operating officer of Shouqi Car Rental and CEO of Shouqi Limousine and Chauffeur, said: "Shouqi Limousine and Chauffeur will expand to 40 cities by the end of this year, from its current 22 cities."

Both Beijing Shouqi and Homeinns are controled by the Beijing Tourism Group, after its Shanghai Stock Exchange-listed hotel arm BTG Hotel (Group) Co Ltd took over the hotel company for 11 billion yuan ($1.66 billion) in December.

Zhang Junyi, a partner with Roland Berger Strategy Consultants Greater China, told China Daily that car rental companies are seeking higher profitability through varied approaches including network expansion.

"A car rental company may benefit from a larger network which attracts more customers," he said. "Some could make more money from larger fleets, while some may save costs through close cooperation with car manufacturers and a lower procurement price."

Roland Berger Strategy Consultants foresee stronger growth in Chinese customers' spending on car hiring. It expects car rental revenue growth to accelerate in the 0next five years to 65.7 billion yuan from 50.7 billion yuan in 2015, a 29.7 percent increase, owing to an expected surge in business rentals.

Car Inc, China's largest car rental company by fleet scale, said in a written reply that as of March it had expanded its network to 74 major cities covering all provinces with 739 directly operated service locations.

The company believes the Chinese car hiring market is in an early stage where it is developing slowly and with limited penetration. But it said a 27 percent compound average growth rate would be possible by 2018.

Car Inc's net profit more than tripled to 1.4 billion yuan last year from 436 million yuan in 2014.

Fleet expansion

Zhang sees the size of the fleets as one of the critical factors, together with fleet management and operations.

"New car registration is restricted in many large cities," he said. "The car rental or hailing service companies are eager to take more bites out of the registered vehicles, because of the limited supplies.

"The players who fall behind may not be able to catch up to the leaders, so the large companies are trying to take in as many cars as they can."

Car Inc had enlarged its fleet from 63,522 units in 2014 to 88,853 by March, and has been buying new vehicles in cities that restrict car purchases and in places that might take similar actions.

The company believes the cars bought in advance have secured the supply of core resources - registration plates - and resulted in its dominant position.

The New York-listed eHi Car Services Ltd claimed the No 2 spot as largest by revenue and reported its average available fleet size for car rentals had increased by 62.8 percent year-on-year to 32,007 vehicles for the first quarter of 2016, up from 19,659 vehicles for the first quarter of 2015.

Beijing Shouqi is also planning fleet expansion this year, with more than 10,000 new cars to be added for both its chauffeured car hailing and car sharing business nationwide. The transportation service provider's affiliate mobility service providers - Shouqi Car Rental, Shouqi Limousine and Chauffeur, and GoFun new energy car sharing - are operating China's third largest fleet of 29,500 vehicles.

Flexible fleets

Experiencing the disruption brought to the mobility market by on-demand chauffeured car hailing services, car rental companies are progressively making changes to fit customers' demands to seize more market share.

Beijing Shouqi is making dynamic adjustments between the businesses of rental and on-line hailing, but mainly in fleets outside Beijing, according to Wei.

"The car fleets outside Beijing are shared between Shouqi Car Rental and Shouqi Limousine and Chauffeur," he said. "The sharing mode generates synergy and boosts growth in both rental and on-line hailing businesses. We are bullish about the future of the mobility market, and we are getting well prepared."

Car Inc provided its affiliate, Shenzhou Zhuanche, with 19,883 units of long-term leasing vehicles for online chauffeured car hailing services, together with short-term leasing cars for peak-time operations.

Sharing the fleets between the rental and chauffeured businesses boosted the fleet's utilization rate to 64.2 percent in the first three months of this year. The more flexible management also generated significant synergy and locked in long-term stable revenue, according to the company.

The Roland Berger research report released in April said the annual revenue of the mobility market may reach 1.1 trillion yuan by 2020, about double last year's 563 billion yuan. The majority of that growth would be contributed by online chauffeured car hailing services, the report said.

Compared with the projected 127 percent annual revenue growth rate of online chauffeured car hailing services, the car hiring's 29.7 percent revenue increase will not surprise the market, nor will the possible 34.5 percent decrease in daily orders expected in 2020, according to Roland Berger.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    7777精品伊人久久久大香线蕉经典版下载 | 国产人成一区二区三区影院| 成人性生交大片免费看在线播放| 国产精品视频第一区| 色婷婷综合久久| 日本大胆欧美人术艺术动态| 欧美精品一区二区不卡| 成人黄色综合网站| 亚洲成人免费看| 亚洲精品在线免费观看视频| av男人天堂一区| 三级欧美在线一区| 国产婷婷色一区二区三区| 91黄色免费版| 激情小说欧美图片| 最新热久久免费视频| 91精品国产福利在线观看| 国产成人综合网站| 亚洲成人综合视频| 国产肉丝袜一区二区| 欧美午夜电影网| 国产专区综合网| 夜夜嗨av一区二区三区四季av | 日韩av一级电影| 亚洲国产精品v| 欧美日韩电影在线| 国产成人综合在线观看| 亚洲成人你懂的| 国产精品色呦呦| 欧美一区二区国产| av一区二区久久| 美女视频网站黄色亚洲| 亚洲欧美另类在线| 久久这里只精品最新地址| 欧美主播一区二区三区| 国产精品一区专区| 午夜电影网亚洲视频| 国产精品久久久久国产精品日日| 91精品久久久久久久久99蜜臂 | 国产91在线观看| 日韩av网站在线观看| 综合精品久久久| wwwwxxxxx欧美| 欧美日韩一区小说| 99久久精品一区二区| 久99久精品视频免费观看| 亚洲一区二区精品3399| 国产精品久久免费看| 精品成人一区二区三区四区| 欧美性xxxxxx少妇| 久久久国产午夜精品| 色综合天天综合网天天狠天天| 国产在线一区观看| 婷婷综合五月天| 亚洲色图丝袜美腿| 欧美国产欧美综合| 精品国产精品网麻豆系列| 欧美亚洲一区二区在线观看| 成人动漫在线一区| 国产剧情一区在线| 久久精品国产秦先生| 亚洲va韩国va欧美va精品| 亚洲欧美另类图片小说| 国产欧美一区二区三区鸳鸯浴| 日韩欧美国产三级电影视频| 欧美日韩国产影片| 在线观看欧美精品| 色综合久久99| 91色九色蝌蚪| av亚洲精华国产精华精华| 国产成a人无v码亚洲福利| 美美哒免费高清在线观看视频一区二区| 亚洲综合丝袜美腿| 亚洲乱码日产精品bd| 成人欧美一区二区三区视频网页| 国产欧美日韩视频一区二区| 久久午夜羞羞影院免费观看| 91精品国产入口在线| 欧美日本在线观看| 欧美日韩精品三区| 欧美日韩在线直播| 欧洲一区二区三区在线| 欧洲日韩一区二区三区| 91捆绑美女网站| 91在线视频观看| 91在线你懂得| 色哟哟欧美精品| 色婷婷综合久色| 在线中文字幕不卡| 欧美亚洲精品一区| 欧美日韩一区二区三区不卡| 欧美在线免费观看亚洲| 欧美视频在线播放| 欧美日韩国产一区二区三区地区| 欧美日韩国产色站一区二区三区| 欧美日韩精品一区二区天天拍小说 | 日韩av在线免费观看不卡| 亚洲va在线va天堂| 丝袜a∨在线一区二区三区不卡| 婷婷久久综合九色综合伊人色| 亚洲成人综合网站| 午夜视频一区二区| 午夜电影一区二区| 蜜臀精品一区二区三区在线观看 | 一区二区激情视频| 亚洲电影你懂得| 午夜成人免费视频| 日本美女一区二区三区视频| 六月丁香综合在线视频| 国内精品在线播放| 粉嫩久久99精品久久久久久夜| 丁香婷婷综合激情五月色| 菠萝蜜视频在线观看一区| 色综合一个色综合亚洲| 欧美无乱码久久久免费午夜一区| 欧美精品视频www在线观看| 日韩欧美一区二区视频| 久久看人人爽人人| 国产精品电影一区二区三区| 亚洲精品乱码久久久久久久久| 亚洲va欧美va国产va天堂影院| 麻豆国产精品777777在线| 国产制服丝袜一区| a美女胸又www黄视频久久| 欧美在线制服丝袜| 欧美肥大bbwbbw高潮| 欧美成人精品高清在线播放| 欧美激情在线一区二区三区| 亚洲日本青草视频在线怡红院 | av中文字幕在线不卡| 91成人国产精品| 日韩女优制服丝袜电影| 国产欧美日韩视频一区二区| 亚洲精品国产一区二区精华液| 亚洲成a人片综合在线| 激情久久久久久久久久久久久久久久 | 国模少妇一区二区三区| 成人激情电影免费在线观看| 在线精品视频免费播放| 日韩美女视频在线| 国产精品女同一区二区三区| 亚洲韩国精品一区| 国产专区综合网| 91亚洲资源网| 日韩午夜电影av| 国产精品福利一区| 日韩国产欧美在线视频| 粉嫩在线一区二区三区视频| 欧美视频在线观看一区二区| 久久久久久久国产精品影院| 一区二区三区日韩欧美| 狠狠色综合色综合网络| 色婷婷av一区二区| 久久免费午夜影院| 亚洲国产日产av| 国产a精品视频| 91麻豆精品久久久久蜜臀| 欧美国产欧美亚州国产日韩mv天天看完整 | 亚洲欧美一区二区三区久本道91| 免费欧美日韩国产三级电影| www.欧美日韩国产在线| 日韩欧美高清dvd碟片| 亚洲欧美日韩久久| 精品夜夜嗨av一区二区三区| 日本韩国精品一区二区在线观看| 精品成人一区二区三区| 亚洲一区二区在线免费观看视频 | 日韩码欧中文字| 久久超级碰视频| 欧美性生活大片视频| 日本一区二区三区久久久久久久久不| 天堂va蜜桃一区二区三区| 99热这里都是精品| 久久你懂得1024| 污片在线观看一区二区| av欧美精品.com| 久久久久久麻豆| 日韩精品欧美精品| 91久久国产最好的精华液| 久久精品人人爽人人爽| 日本sm残虐另类| 91福利社在线观看| 国产精品理伦片| 国产米奇在线777精品观看| 宅男噜噜噜66一区二区66| 亚洲免费在线电影| 豆国产96在线|亚洲| 欧美r级在线观看| 日韩经典一区二区| 欧美在线视频你懂得| 国产精品不卡在线观看| 国产一区二区免费看| 日韩女优av电影在线观看| 亚洲超碰97人人做人人爱| 色噜噜狠狠成人网p站| 国产精品麻豆久久久| 国产高清在线观看免费不卡| 欧美大尺度电影在线| 日韩av一级电影| 欧美日韩国产成人在线91|