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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
Goodyear – Hampton Inn
Additional Travel Information
Goodyear is a thriving suburb located southwest of Phoenix, Arizona. Originally named for the tire company that grew cotton in this area for their products, this growing community won the All-American City Award in 2008. Visitors flock to this area for spring training for the Cleveland Indians and Cincinnati Reds baseball franchises. Outdoor enthusiasts love to explore the Estrella Mountain Regional Park featuring over 19,000 acres of hiking and picnic areas or the challenging trails of White Tank Mountain Regional Park. The Budget car rental at Hampton Inn helps visitors make their travel arrangements easy when staying in this Phoenix suburb. Whether you need an economy car that gets great gas mileage or a larger SUV to accommodate more people, our selection of car rentals at Hampton Inn in Goodyear is ready for you. By booking your reservation online, you can save up to 30 percent on your Goodyear rental car deal. We also offer upgrades and add-ons like GPS systems to help our customers navigate the greater Phoenix area with ease. Moreover, this Budget at Hampton Inn makes booking rental cars even more convenient with our Fastbreak Counter service. Simply flash your license, grab your keys and go when you sign up for Fastbreak ahead of time. When it comes to making travel arrangements, Budget rent a car at the Hampton Inn is your best bet. From convenient access to affordable rental car options, Budget at Hampton Inn makes Goodyear car rentals a snap. Whether your visit finds you exploring Biblical history at the Bible Museum or golfing at the Eagle’s Nest or Falcon Golf Clubs, let us make your Arizona rental car experience enjoyable.
Additional Location Information
Select from a wide variety of vehicles at Budget Goodyear – Hampton Inn, check out the latest Goodyear – Hampton Inn Car Rental Deals, and be confident that you are getting the best rental rates in Arizona !
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