Car rental sector suffers JD100 million in losses during pandemic

Cars for rental are displayed at a car rental agency. Now that the Kingdom has entered the second phase of its gradual reopening plan and tourism is slowly beginning to rebound, demand for rental cars
(Photo: Jordan News)
AMMAN— The head of the Jordanian Car Rental Association, Saleh Jallouq, said on Sunday that the sector incurred over JD100 million in losses due to the COVID-19 pandemic, according to the Jordan News Agency, Petra.اضافة اعلان

He added that car rental agencies are looking for ways to rejuvenate the sector, indicating that the losses accumulated due to decline in revenues and car rental prices, in addition to the ongoing payment of obligations without tangible exemptions to the sector.

Jallouq contended that the return of Jordanian expatriates to the Kingdom over the last month has helped some agencies, yet the situation deteriorated again in August. He also stressed that the real revival of the sector will only be realized with the return of the tourism.

The number of the tourist vehicles operating in the sector dwindled to around 9,000 during the pandemic compared to the 13,000 cars before the pandemic, according to Jallouq.

He called for the government to exempt the sector from the licensing fees and taxes.

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