ARA forecast shows improved outlook for equipment rental revenue and investment

August 19th, 2021

According to the American Rental Association (ARA), the outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, has improved over the last quarter. The updated second quarter forecast now calls for equipment rental revenue to exceed $47.8 billion in 2021, nearly a 3.5 percent increase over 2020 and greater than last […]

Read More

Hooks named president of the ARA

March 3rd, 2021

Dan Hooks, CERP, president and CEO of Party Reflections, Charlotte, N.C., has been installed as the 59th president of the board of directors for the American Rental Association (ARA), an international trade association serving the equipment and event rental industry. Hooks will assume a key role on behalf of the association as an officer and […]

Read More

ARA releases equipment and event rental revenue forecast

December 8th, 2020

The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 billion in the United States. The latest forecast released by the association on Nov. 12, 2020, calls for modest overall growth in 2021, ticking up 0.3 percent to $48.9 billion, […]

Read More

ARA Show rescheduled for 2021

October 2nd, 2020

The American Rental Association (ARA) has announced that The ARA Show 2021 has been rescheduled for Oct. 18-20, 2021, at the Las Vegas Convention Center. The 2021 edition of ARA’s annual trade show and convention for the equipment and event rental industry was previously scheduled for February in New Orleans. To accommodate the shift to […]

Read More

The tent rental industry comes together to fight for survival

June 1st, 2020

As March events canceled and commercial work shut down because of the COVID-19 pandemic, many tent installers, including Classic Tents & Events, Norcross, Ga., shifted to providing tents at medical facilities. Photos courtesy of Classic Tents & Events. Few aspects of the global economy are untouched by the COVID-19 pandemic, but for the tent and […]

Read More

ARA launches redesigned rental store locator website

May 29th, 2020

The online rental store locator has undergone a complete overhaul to make finding local rental equipment and items, and rental partners easier than ever for professional party, event and meeting planners., managed by the American Rental Association (ARA), features an easy-to-use search function with fields for equipment/item type and location. Searches deliver a […]

Read More

ARA COVID-19 survey report; free webinars the week of March 23

March 23rd, 2020

The effects of the coronavirus (COVID-19) are significantly impacting the equipment and event rental industry. According to a recent survey of the American Rental Association (ARA) membership, rental revenues are declining and are projected to significantly deteriorate in the coming months. ARA plans free webinars every day the week of March 23 on topics ranging […]

Read More

Equipment and event rental revenue forecast to outpace economic growth

November 12th, 2019

The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35 percent to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to the latest forecast released by the American Rental Association (ARA). The latest updated […]

Read More

North America rental revenue expected to exceed $71 billion in 2023

September 3rd, 2019

The new five-year forecast from the American Rental Association (ARA), Moline, Ill., updated in August calls for equipment and event rental revenues in North America to surpass $71 billion in 2023, including $64.7 billion in the United States and $6.4 billion in Canada. The latest forecast is ARA’s first to project rental revenue for 2023. […]

Read More

Wehrman to retire from ARA

January 26th, 2016

Christine Wehrman, executive vice president and CEO of the Moline, Ill.-based American Rental Association (ARA), has announced her retirement to the ARA Board of Directors after 15 years of service to the organization. Wehrman will continue in the position until her successor is named later this year. Terry Turner, CERP, the owner of All Occasions […]

Read More