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Our Factsheet
Growing the business since 1958
In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.
Quick History
Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.
In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.
In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.
In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.
In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.
In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.
In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.
In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.
About this location:
Location
Atascosita Humble
Additional Travel Information
Budget-conscious travelers often stay in the suburbs of major cities to keep costs low without sacrificing leisure opportunities. Atascosita and Humble are located just 25 miles northeast of Houston and offer plenty of attractions for the family. Take a day trip out to Lake Houston for boating and water adventures. Guests can enjoy the Mercer Arboretum and Botanic Gardens to embrace nature. Home to multiple courses, Humble and Atascosita are great locations for golf enthusiasts. Drive down Interstate 69 to visit the many museums in Houston and indulge in an active nightlife. When you are looking for car rentals, Budget Atascosita helps keep your wallet full for the activities you had planned.Humble car rentals are available from Budget to help you achieve the best vacation experience. Skip the hassle by utilizing Budget’s online reservation form, which will show you rental cars and rates that are offered at your destination ahead of time. Choose a fuel-efficient vehicle if you are planning on seeing everything the city has to offer. We also have high-occupancy cars to provide comfort for you and your traveling companions. The GPS system helps you navigate unfamiliar territories, and a satellite radio will keep all your passengers entertained.When you visit Budget in Humble, rental car deals and discounts are always part of the package. Whether you are taking a short trip or planning a long-term stay in Texas, Budget can provide you with the right vehicle for your traveling needs. Take advantage of our offerings today to save even more on your next vacation.
Additional Location Information
Select from a wide variety of vehicles at Budget Atascosita Humble, check out the latest Atascosita Humble Car Rental Deals, and be confident that you are getting the best rental rates in Texas !
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