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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
Huntington Tri-State Airport
Additional Travel Information
The Budget Car Rental serving the Huntington Tri-State Airport (HTS) has a reputation for friendly and reliable service, and our counter is located on airport property, so picking out the perfect HTS car rental from our fleet of airport car rentals is easy. Travelling with kids? Budget’s selection of Greater Huntington airport car rentals includes SUVs and minivans, perfect for making sure each member of your family is traveling comfortably. If you’re holidaying on your own or in a pair, a sportier coupe or eco-friendly hybrid might be more your speed. Whichever vehicle you choose, you’ll feel good knowing you’re getting one of the best rental car deals in the Tri-State area.
Greater Huntington is home to 350,000 people and includes three cities: Huntington, WV, Ashland, KY, and Ironton, OH. Locals often refer to the area as Kyowva, for Kentucky-Ohio-West Virginia.
Marshall University in Huntington is a public research university with over 13,000 students. College Football fans might recognize the Marshall Thundering Herd, whose alumni include Randy Moss and Darius Marshall. The Herd play in the impressive 38,000-seat Joan C. Edwards Stadium, so pick up some tickets and take the whole family out to see a game.
The Huntington Museum of Art is located in the hills above Ritter Park, which is also home to the Museum of Radio and Technology. Camden Park is one of the nation’s oldest amusement parks and hasn’t changed much over the years, giving it a nostalgic vintage feel. It’s not pricey and it’s a lot of fun!
Trust your trip to the Tri-State area to one of Budget’s Huntington Tri-State Airport rental cars. With great rental car deals, excellent customer service and the program, you can’t go wrong.
Additional Location Information
Select from a wide variety of vehicles at Budget Huntington Tri-State Airport, check out the latest Huntington Tri-State Airport Car Rental Deals, and be confident that you are getting the best rental rates in West Virginia !
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