ParkFlyRent is a Dutch car rental company with one important difference: it owns no vehicles. Disrupting the traditional industry model, the company rents out cars parked by outbound travelers at the airport. In return, car owners receive free parking and a car wash, and share in the rental proceeds. Inbound travelers save at least 25 percent, guaranteed. On any given day, more than 15,000 cars sit idle in parking lots around Amsterdam Airport, while car rental companies buy more than 9.000 new vehicles every year. ParkFlyRent says every 18 people that use its service to park their vehicles reduces the requirement of traditional rental firms by one car. ParkFlyRent is now rolling out a corporate program under which it will rent out company cars—both idle stock and cars parked at the airport by traveling executives.
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