Operations

Uber, Lyft Eclipse Taxi And Car Rental For Corporate Travel

Posted on April 27, 2016

Uber and Lyft have overtaken both taxi and car rentals as the most popular ground transportation providers for business travellers, a new report has found.

The analysis of more than 9 million US business traveller receipts and expenses showed an increase of 4 percent in “ride-hailing” transactions over the fourth quarter of 2015.

Now accounting for 46 percent of the total ground transportation category, ride-hailing receipts tracked in Q1 2016 came exclusively from providers Uber and Lyft.

The data came from expense management provider Certify’s latest ‘Spend Smart’ report, which tracks spending across major categories such as meals, airlines, lodging and car rental.

Buying Business Travel article here

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