Ride hailing, which uses app-based ride services, didn’t exist 10 years ago, but is now valued at $61.3 billion worldwide. That number is expected to grow to $218 billion by 2025.
Increasing urbanization and slowing car ownership rates are leading to a boom in the trend. A report from research firm Marketsandmarkets said not only are cab alternatives like Uber and Lyft growing, but also “micro mobility” options like bike- and scooter-sharing services.
The report said “corporate car sharing” is expected to grow — when companies provide cars for employees who commute or travel for business. It’s being hailed as a more economical alternative to keeping a fleet of company cars.
“The demand for corporate car sharing is expected to grow as people riding to offices are likely to travel on the same route,” according to the report. “Thus, it is much easier to find co-passenger with ease and less waiting time.”
The biggest growth in the ride-hailing business is anticipated to come in the Asia/Oceana market “due to a growing population and rising urbanization in emerging economies such as China and India,” the report said. “Factors such as increasing urbanization and rising traffic congestion are likely to drive the demand for ride-sharing services.”
My husband and I arrived to The Water Club Hotel at the Borgata in Atlantic City, New Jersey, for our two-night stay and drove directly to valet parking. After the swift drop-off process, we took the escalator to the lobby to check in. With no one ahead of us in line, we were checked in and on our way to our room on the 30th floor in no time.
oneworld is an alliance of 13 world-leading airlines committed to providing the highest level of service and connecting you to more than 1,100 destinations around the world.
Spirit Airlines recently announced new service between Oakland (OAK), California, and Fort Lauderdale (FLL), Florida, scheduled to launch April 1. The service is the only non-stop flight between the two destinations.
Animals taking to the sky are getting a more comfortable journey thanks to a new innovation from Delta Air Lines.
United Airlines’ environmentally friendly efforts lessen the impact on local U.S. communities.
British Airways recently announced plans for a refresh of its first-class and Club lounges in Chicago (ORD), due for completion this spring. When newly unveiled, both lounges will feature updated decor, flooring, food stations and furnishings, as well as more charging ports throughout the lounges.
Since 1970, Goway Travel has been committed to providing customized travel experiences for world travelers. Few things are better evidence of this commitment than being awarded the 2019 Trazees award for Favorite Tour Operator. Goway Travel heartily thanks the readers of Trazee Travel for this honor and for their confidence in Goway’s work in creating travel memories that’ll last a lifetime.
Travel platform Agoda recently released research on travelers’ expectations for 2020. Specifically, travelers, more so in Southeast Asia than in the United States and United Kingdom, expect better travel tech in the coming decade, including better connectivity and branded apps.