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2016-11-21

Avis Car Rental: Avis Lebanon Named Licensee of the Year

Avis Iceland and Avis Russia Recognized for Outstanding Achievement

PARSIPPANY, N.J., Nov. 21, 2016 (GLOBE NEWSWIRE) -- Avis Car Rental today
announced that Avis Lebanon has been honored as "Licensee of the Year" in the
Europe, Middle East and Africa (EMEA) region. The Avis Lebanon team received
their accolade at the 2016 Avis Licensee Awards at a celebratory event held
in South Africa.

The annual Licensee Awards recognize licensee partners that have demonstrated
growth in annual financial performance, measured against their local country
economic conditions, excellence in customer service and alignment with the
brand's initiatives. The "best of the best" is honored as Licensee of the
Year, with recognition for achievement and innovation given to two additional
licensees in the region. This year's award recipients for Outstanding
Achievement are Avis Iceland and Avis Russia, for sustained growth in their
respective countries.

"We rely on our licensees to represent our brand admirably in countries around
the world," said David B. Wyshner, president and chief financial officer,
Avis Budget Group. "Avis Lebanon has been a proud champion of the brand in
that country for more than 50 years and has captured significant share in the
nation's airports."

"The Licensee of the Year honor is one that we are proud to receive," said
Raja Kurban, president and owner, Avis Lebanon. "We hold the Avis brand in
high regard and are pleased to provide travelers in Lebanon with the highest
levels of customer service."

The Avis Lebanon licensee has been family-owned and -operated for 55 years,
offering a wide selection of well-maintained vehicles, including luxury
models by Ranger Rover, Jaguar and BMW. A wide selection of ancillary
services and insurance options is also available to enhance the driving
experience.

About Avis

Avis Car Rental operates one of the world's best-known car rental brands with
approximately 5,500 locations in approximately 170 countries. Avis has a long
history of innovation in the car rental industry and is one of the world's
top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc.
(NASDAQ:CAR), which operates and licenses the brand throughout the world. For
more information, visit www.avis.com.
Contact:

Alice Pereira
973.496.3916
PR@avisbudget.com

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Avis Car Rental via Globenewswire

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