Limousine Charter & Tour

June/FactBook 2017

Magazine for the professional limousine, charter and tour industry.

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OPERATOR BUSINESS SURVEY 33% Rate Increases How much did your insurance rates increase? Insurance Rates Motorcoaches Percentage of operators who increased rates American Bus Association total operators: 3,200 Average Hourly Vehicle Rates 2017 v. 2016 Vehicle Rate Increases Median Industry Fleet Sizes Sedan $66.49 $60.54 SUV $76.27 $73.91 Van $81.15 $76.63 Stretch Limo $103.41 $91.05 Minibus/shuttle $110.23 $108.21 Limo/party bus $154.16 $152.82 Motorcoach $147.23 $117.52 110 Vehicles 22 Vehicles 5 Vehicles Large fleet Medium fleet small fleet Number of industry operators in 2016: Owners of limousine/chauffeured transportation companies 6,170 Motorcoach operators 2,042 Total 8,212 Sources: List Strategies, Inc. Numbers count only operators, not companies. 18% of chauffeured transportation companies own or lease motorcoaches. About one-quarter of those companies own or lease one motorcoach; 16% have two; 13% have three; and about 45% own or lease four or more. UP 77% All-In Base Down 13% Flat 10% of operators saw fleet vehicle insurance rates rise in 2016 of operators saw fleet vehicle insurance rates fall in 2016 of operators saw no change in fleet vehicle insurance rates in 2016 11-20% 11% 20%+ 8% 6-10% 39% 1-5% 42% 3% Percentage of operators who kept rates the same Percentage of operators who decreased rates 64% LIMOUSINE, CHARTER & TOUR JUNE 2017 19

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