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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 […]
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 […]
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, […]
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 […]
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 […]
ARA launches redesigned rental store locator website
May 29th, 2020
The online rental store locator RentalHQ.com 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. RentalHQ.com, 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 […]
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 […]
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 […]
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. […]
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 […]