{"id":64508,"date":"2024-06-07T15:28:08","date_gmt":"2024-06-07T20:28:08","guid":{"rendered":"https:\/\/por-development.local\/2024-market-movers-sure-like-point-of-rental\/"},"modified":"2024-06-10T08:12:49","modified_gmt":"2024-06-10T13:12:49","slug":"2024-market-movers-sure-like-point-of-rental","status":"publish","type":"post","link":"https:\/\/www.point-of-rental.com\/au\/2024-market-movers-sure-like-point-of-rental\/","title":{"rendered":"RM\u2019s 2024 Market Movers Sure Like Point of Rental"},"content":{"rendered":"<p>Earlier this week, the American Rental Association\u2019s <a href=\"https:\/\/news.ararental.org\/\">Rental Management Magazine<\/a> highlighted the independent rental companies that crushed it from 2021-23, leading the industry in reported revenue growth. We\u2019re excited for all of this year\u2019s Market Movers, particularly the ones using Point of Rental!<\/p>\n<h5><strong>Event Market Movers<\/strong><\/h5>\n<p>Growth was strong from 2021-23 for the event rental businesses that survived the pandemic, with a 2024 that\u2019s looking even better. The ARA\u2019s survey of event businesses reported an average revenue increase of 23 percent so far this year. Here are the four Point of Rental-using event rental <a href=\"https:\/\/news.ararental.org\/optimism-abounds-among-rental-managements-2024-event-rental-market-movers\">Market Movers<\/a>.<\/p>\n<ul>\n<li><a href=\"https:\/\/www.eventequipmentrentals.com\/\">Event Equipment Rental &amp; Sales<\/a>, Hodgkins, Ill.<\/li>\n<li><a href=\"https:\/\/cpartyrentals.com\/\">Colorado Party Rentals<\/a>, Denver, Colo.<\/li>\n<li><a href=\"https:\/\/www.gofftents.com\/\">Goff Tents &amp; Events<\/a>, Nicholasville, Ky.<\/li>\n<li><a href=\"https:\/\/www.partyperfect.com\/\">Party Perfect<\/a>, Richmond, Va.<\/li>\n<\/ul>\n<h5><strong>Equipment &lt;$10M Market Movers<\/strong><\/h5>\n<p>Overall, the forecast for the equipment rental industry calls for a 7-10% increase in revenue, but this year\u2019s Market Movers grew revenue by 47-500%. <a href=\"https:\/\/tberco.com\/\">Thomas Brothers Equipment Rental Co.<\/a> has grown 256 percent since 2021. Point of Rental users are well-represented <a href=\"https:\/\/news.ararental.org\/onward-and-upward-for-rental-managements-2024-equipment-rental-market-movers\">on this list<\/a>, with six of the 12 overall Market Movers under $10 million in annual revenue.<\/p>\n<ul>\n<li>Thomas Brothers Equipment Rental Co., Tracy, Calif.<\/li>\n<li><a href=\"https:\/\/norcalrents.com\/\">NC Rents<\/a>, Lodi, Calif.<\/li>\n<li><a href=\"https:\/\/www.duranteequip.com\/\">Durante Equipment<\/a>, Hollywood, Fla.<\/li>\n<li><a href=\"https:\/\/www.nor-calequipmentrentals.com\/\">Nor-Cal Equipment Rentals<\/a>, Sacramento, Calif.<\/li>\n<li><a href=\"https:\/\/www.southernrentalsystems.com\/\">Southern Rental Systems<\/a>, Rincon, Ga.<\/li>\n<li><a href=\"https:\/\/www.a1toolrent.com\/\">A-1 Rental<\/a>, Columbia, Mo.<\/li>\n<\/ul>\n<h5><strong>Equipment &gt;$10M Market Movers<\/strong><\/h5>\n<p>Great news! You don\u2019t have to start small to see big growth in your rental business. The following rental companies started with a 2021 rental volume of $10 million and kept on turning equipment over. Here are the five Point of Rental users (check out Rental Management\u2019s article for the <a href=\"https:\/\/news.ararental.org\/onward-and-upward-for-rental-managements-2024-equipment-rental-market-movers\">full list of 10<\/a>).<\/p>\n<ul>\n<li><a href=\"https:\/\/www.pdqrentals.com\/\">PDQ Rentals<\/a>, Santa Fe Springs, Calif.<\/li>\n<li><a href=\"https:\/\/gmequipmentrentals.com\/\">GM Equipment Corp.<\/a>, Kersey, Pa.<\/li>\n<li><a href=\"https:\/\/tejasequipment.com\/\">Tejas Equipment Rental &amp; Sales<\/a>, San Antonio, Texas<\/li>\n<li><a href=\"https:\/\/rentalguys.com\/\">Rental Guys<\/a>, Chico, Calif.<\/li>\n<li><a href=\"https:\/\/duranterentals.com\/\">Durante Rentals<\/a>, New Rochelle, N.Y.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this week, the American Rental Association\u2019s Rental Management Magazine highlighted the independent rental companies that crushed it from 2021-23, leading the industry in reported revenue growth. We\u2019re excited for all of this year\u2019s Market Movers, particularly the ones using Point of Rental! Event Market Movers Growth was strong from 2021-23 for the event rental [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":64501,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-64508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rental-industry-au"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.6.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The ARA\u2019s Rental Management Magazine highlighted 2024 Market Movers, independent rental companies that crushed it from 2021-23, leading...\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Brian Beaudry\"\/>\n\t<meta name=\"google-site-verification\" content=\"1Cn-sgF7ANKsYJMiqx6OAyEFBNDVT9PIH0q1IrlLtJw\" \/>\n\t<meta name=\"msvalidate.01\" content=\"5D8BB6893DD36192F342744721A2D3DC\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.point-of-rental.com\/au\/2024-market-movers-sure-like-point-of-rental\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 4.9.6.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Point of Rental Software AU | Hire &amp; 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