Kyte, a rental car startup once touted as a modern alternative to Hertz, has shut down after years of rapid growth followed by mounting financial troubles. Founded in 2017, the San Francisco company ...

This summary is reviewed by TRD Staff. San Francisco's luxury rental market is experiencing a significant boom with bidding wars and high demand, especially in premier neighborhoods and downtown.

San Francisco-based car rental business Getaround went public in December 2022 through a blank-check, or SPAC, merger with InterPrivate II Acquisition in a deal that was worth around $228 million.

Return-to-office mandates and an AI hiring surge are driving the increase in rental prices, according to real estate company Zumper. San Francisco saw the biggest year-over-year growth in rental ...