The car-rental market in the Southern African region is set for growth of up to 10 in the coming year as long as a predicted improvement in airline capacity comes to fruition. This is anticipated to bring a fall in rates in the short term.
Sandile Ntseoane , GM of the Southern African Vehicle Rental and Leasing Association SAVRALA, recently gave Travel News an update on the state of the industry.
One of the reasons for this predicted good growth is that the industry is continuing to recover to its pre-pandemic levels, says Ntseoane.
'The reality is that the market is still not at pre-Covid levels, as it relates to the recovery of flights, transactions, passengers and fleet.'
In 2023, rental days were at 90,63 of the levels seen in 2019, according to SAVRALA data.
