A document containing a compilation of alphanumeric identifiers assigned to organizations that have negotiated preferential rates with a specific vehicle rental company. This list is often stored and shared in a Portable Document Format to ensure consistent formatting and easy distribution. An example would be a university’s employees gaining access to discounted rates by utilizing the code associated with their institution when booking a vehicle.
The significance of these codes lies in the potential for cost savings and streamlined travel management for both organizations and individual travelers. Historically, such agreements fostered business relationships between companies and rental agencies. These codes enable organizations to control travel expenses while providing employees or members with access to more affordable vehicle rental options. This mutually beneficial arrangement leads to increased customer loyalty and consistent revenue streams for the rental company.
