Avis Rent A Car System maintains more than 2,260 locations, primarily in the US and Canada but also in Australia, New Zealand, Latin America, and the Caribbean. The company owns about 1,300 of its locations; franchisees operate the rest. A separate company with rights to the Avis name, UK-based Avis Europe, operates in Europe, Africa, the Middle East, and parts of Asia. Together with sister company Budget Rent A Car System, Avis Rent A Car System has a fleet of more than 380,000 rental cars. The premium Avis fleet averages about 217,500 vehicles. The company is a subsidiary of Avis Budget Group, the remaining unit of the former Cendant conglomerate.