Avis is an American car rental company headquartered in Parsippany, New Jersey, United States. Avis, Budget Rent a Car, Budget Truck Rental and Zipcar are all units of Avis Budget Group. Avis is a leading rental car provider to the commercial segment serving business travelers at major airports around the world, and to leisure travelers at off-airport locations. Many of the off-airport locations are franchised operations rather than company-owned and-operated, as is the case with most airport locations. Avis was the first car rental business to be located at an airport.
The Company has been profitable and successful throughout its 40 years history, having always found the right balance in terms of fleet size in an extremely competitive and unregulated environment and in spite of repetitive crisis facing the tourism industry in Egypt. Over the years, the company received major awards such as the World Travel Award, GCSF Recognition Award, Mena Travel Award, and Avis Budget Group Long Service Award for its 40 years as Avis Licensee.
In 2018, Ezz Elarab has acquired Avis Egypt, the acquisition lends a natural synergy to the existing rental brand; Budget Egypt, which is also owned by Ezz Elarab. Through this coalition, Avis Budget Group and its partners aim to provide the latest mobility solutions and largest fleet in Egypt.