Hertz (HTZ) Expands, Extends Services to a New York Town

Leading car rental company, Hertz Global Holdings, Inc. HTZ recently declared that it has partnered with Peter Cooper Village and Stuyvesant Town (PCVST), which is a residential area located in New York. Per the announcement, Hertz will provide its Hertz ExpressRent Kiosks and 24/7 service including its on-demand facility to the city.

Hertz ExpressRent Kiosks is the company's most recent award winning equipment, which features a touch screen interface as well as a second screen that enables customers to directly get in touch with customer care personnel through video. This facility enhances customers' convenience by reducing their wait time, easing payments via cards, printing rental agreement, validating their driving license and catering to their rental requirements.

Hertz 24/7, on the other hand offers self-service access to cars at any location, including insurance and fuel. This service includes a wide range of vehicles like luxury cars, electric cars, vans, hybrids and trucks on an hourly, daily or weekly basis. This facility is again very convenient for customers as they can make easy payments and book cars by simply going online or accessing the Hertz 24/7 iPhone App, supported by Apple Inc. AAPL phones.

The company will provide ExpressRent Kiosks to all the six garages of PCVST. Agents for the facility will be available all day, allowing customers to use and return the car as per their convenience. Another striking feature of the ExpressRent Kiosks is that it offers one-way service to and from New York airports, providing further convenience to customers.

Moreover, inhabitants of the city will be entitled to other benefits like Hertz Gold Plus Rewards loyalty program, free Hertz 24/7 membership and discounts on car rentals, in and outside New York.

This partnership is likely to add customers, looking for leisure and convenience, to the company by fulfilling their diverse needs.

Hertz currently carries a Zacks Rank #5 (Strong Sell). Other better-ranked stocks in the same industry include Avis Budget Group, Inc. CAR, with a Zacks Rank #1 (Strong Buy) and Cardtronics Inc. CATM, with a Zacks Rank #2 (Buy).