Hanco signs trio of regional deals at Arabian Travel Market

Hanco signs trio of regional deals at Arabian Travel Market

Leading Saudi car rental and leasing company gathers momentum with signing of three new strategic alliances as part of ambitious regional expansion


Jeddah-based Hanco, one of the Middle East’s largest and fastest growing car rental and leasing companies, has announced the signing of a trio of strategic alliance agreements at Arabian Travel Market (ATM) 2013 with several Gulf-based tour operators.

This follows on from the announcement earlier this week of the launch of the group’s Dubai office, its first outside of the Kingdom, which marked the start of Hanco’s strategic expansion into the GCC, with a further five office openings scheduled for 2013.

The new strategic alliances cover operations in both Saudi Arabia and the UAE, with an agreements signed between Hanco and Jeddah based Haj and Umrah tour operator Mamlakat Al-Asfar Travel & Tourism; Qasswa Travel & Tourism Company, also in Jeddah; and the UAE’s Lama Group of Companies.

“In taking our successful business model into neighbouring markets, as well as capitalising on new opportunities within the Kingdom, we are delighted to be providing renowned Hanco service and fleet capability solutions to some of the region’s leading tour operators and Haj and Umrah specialists. This trio of signings is another step in our strategic journey, taking Hanco to new markets and developing our reputation as a market leader,” said Hamad Al-Sulaiman, CEO & Managing Director, Hanco.

All three agreements cover the provision of both self-drive and chauffeur vehicles.

Hanco currently offers fleet management, Hajj and Umrah services, equipment rental and logistics support in Saudi Arabia, while rental, operating lease, limousine and bus transportation services are part of both its KSA operation and new UAE presence.

Visit Hanco at Arabian Travel on stand: CR-1416


Photo Caption: Azfar Shakeel, Head of Planning and Treasury with Mossaab M. Hashem, Sales & Marketing Director, Qasswa Travel & Tourism Company.