Looking to Rent a Car? Expect Higher Prices, Long Waits and Slim Pickings

Travelers looking to rent cars are encountering higher rates and few choices, if they can find a car at all.

The shortage of rental cars that emerged earlier this year has gotten worse as companies such as Hertz Global Holdings Inc. struggle to restock their fleets after selling off big chunks early in the pandemic, analysts and executives say. Leisure travel has also bounced back with more Americans vaccinated and booking trips, they say, further taxing already limited availability.

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