PRLog (Press Release) – May 23, 2011 – Award-winning car hire company, Rhinocarhire.com warns that car hire prices are set to soar this summer. The online car hire specialist predicts this is d 2011 Dodge Durango R / T ue to a number of reasons: the UK's high rate of inflation, the EU's sovereign debt situation, the earthquake in Japan and increasing oil prices. Rhinocarhire.com therefore strongly advises customers to book early to obtain cheap car hire.
The UK is currently suffering the highest rate of inflation in two-and-a-half years, rising to 4.5% in April. What's more, because of the sovereign debt situation in countries such as Greece and Portugal, the rate of inflation in many European countries is even greater than the UK.
In addition, high oil prices have meant there's been a rising demand for more fuel-efficient, small cars. But with parts shortages and manufacturing down due to the recent earthquake and Tsunami in Japan, this means car shortages worldwide and higher prices as supply can't meet with demand.
Marketing manager, Phil Partridge, commented, "Most people know it's cheaper to book car hire early. But for this summer, it's even more important with inflation steadily increasing and global car shortages, prices will undoubtedly soar.
"Our bookings android application show that Portugal and Spain are this year's hotspots for UK holidaymakers. Kefalonia in Greece has also made an unexpected entry into our top visited destinations. And so if anyone is going on holiday to one of these countries, there's even more reason to book early because as stock levels decrease, the more expensive car hire will become."
To book cheap car hire goverment technology visit www.rhinocarhire.com.
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About Rhinocarhire.com Rhinocarhir Infiniti m hybird e.com launched in June 2008 and quickly made an impact in the online car hire market. Voted 'Best Car Hire Website 2010' at the Travolution Awards, Rhinocarhire.com has established itself among the leading car hire websites. It offers car hire in over 20,000 locations worldwide, including all the major airports and cities.
Comparing car hire rates with over 550 leading suppliers, Rhinocarhire.com offers the lowest prices 1086274749 to its customers, backed up by a dedicated customer support network in the UK. With supplementary services such as UK Airport Parking and over 6,000 pages of useful travel guides and information Rhinocarhire.com offer more than just low prices on car hire.
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