Jeddah based Hanco, a leading car rental and leasing company, has announced the signing of a trio of strategic alliance agreements at Arabian Travel Market (ATM) 2013 in Dubai with several Gulf-based tour operators.

The new strategic alliances cover operations in both Saudi Arabia and the UAE, with 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,” said Hamad Al-Sulaiman, CEO and managing director, Hanco.

“This trio of signings is another step in our strategic journey, taking Hanco to new markets and developing our reputation as a market leader.”

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

Earlier this week, Hanco announced the launch of the group’s Dubai office, its first outside Saudi Arabia, which marked the start of Hanco’s strategic expansion into the GCC, with a further five office openings scheduled for 2013.

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 Saudi operation and new UAE presence. – TradeArabia News Service