Lumi Rental Company Overview
Pro stress-test →Lumi Rental Company operates as a car rental and leasing company in Saudi Arabia, functioning through three segments: Leasing, Rental, and Used Car Sale. The company offers smart vehicle and motorcycle rental services, leasing solutions for corporate and government clients, limousine services, and bus rental services. Lumi is part of Seera Group, the leading integrated travel service provider in the MENA region.
Strategic Profile
Pro stress-test →In 2024, Lumi Rental Company's revenue reached 1.55 billion SAR, an increase of 40.18% compared to 1.11 billion in the prior year. The company operates approximately 51 branches, workshops, showrooms and parking yards across Saudi Arabia. Since 2020, Lumi has won sixteen prestigious awards, including Best Car Rental Company in Saudi Arabia for six consecutive years, recognized by the World Travel Awards.
Competitive Landscape
Pro stress-test →Lumi's dedicated focus on the Saudi market and its Seera Group affiliation position it as a key player in the regional automotive services sector. The company competes in Saudi Arabia's vehicle rental and leasing markets against both local operators and international chains, leveraging its extensive branch network and award-winning brand reputation.
Industry Context
Lumi Rental Company operates in Automotive Rental & Leasing Services.
Key facts
Founded: 2007 · Headquarters: Riyadh, Saudi Arabia · Revenue: $1.55B (2024) · Market cap: $3.53B