Enterprise Holdings has introduced an settlement with Korea First Hire A Automobile so as to add new franchise places from Enterprise Hire-A-Automobile and Alamo.

Based in 1992, Korea First Hire A Automobile (KFR) operates eight places all through South Korea, and so they purpose to open further places in different main metropolitan areas. The corporate affords a spread of compact automobiles, luxurious automobiles, SUVs, and vans accessible for day by day, weekly, or month-to-month rental choices. Moreover, it offers short- and long-term mobility options, that includes an choice for chauffeur-driven luxurious automobile providers.

“KFR’s give attention to offering a luxurious providing coupled with their exemplary observe document of first-rate customer support makes them a great accomplice for Enterprise,” mentioned Marco Beltgens, assistant vice chairman, world franchising — Asia Pacific at Enterprise Holdings. “The market presents great alternative. South Korea boasts quite a few main firms with an enormous world presence, which can enable us to develop our company rental enterprise all through the area.”

KFR’s enlargement plans embrace a presence on the 4 largest airports in South Korea, together with the Seoul-Incheon Worldwide Airport and Gimpo Worldwide Airport in Seoul; the Jeju Worldwide Airport in Jeju; and the Gimhae Worldwide Airport in Busan.

“We had been seeking to take our enterprise to the subsequent degree, and Enterprise has a well-established observe document of world development in quite a few markets internationally,” mentioned Yong Jun Youn, president of KFR. “We sit up for leveraging our synergies to grab a better share of this rising market.”

Enterprise Hire-A-Automobile and Alamo branches are scheduled to open in South Korea in April 2023. Enterprise’s Nationwide Automobile Rental model franchise accomplice presently operates two places within the Seoul space, together with The Plaza Lodge Seoul.