Avis Europe is a leading car rental company in Europe, Africa, the Middle East and Asia, where it operates the globally recognised Avis and Budget brands. Avis Europe holds a long-term licence to operate the two brands in these regions.
The Avis brand operates across four continents via a network of over 2,900 locations in 109 countries, through wholly-owned subsidiaries in 13 corporate countries complemented by licence arrangements in a further 96 countries. The Budget brand, acquired by Avis Europe in March 2003, serves customers across three continents through over 900 locations in 68 countries.
These are predominantly franchise businesses with corporate operations in Austria and Switzerland, together with a small number of locations in France and the UK.
The Avis and Budget licenses are granted to Avis Europe by Avis Budget Group, Inc., quoted in the United States. The latter operates the two brands in the rest of the world. Avis Europe enjoys close commercial ties with Avis Budget Group, Inc., including sharing technology and marketing initiatives. Although they are independently owned, the two companies work in partnership to provide a global service for its own customers.