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.”
Life House, a new boutique hospitality brand, plans to open a new property in Nantucket next month. Life House, Nantucket follows similar hotels in Miami, Denver, Brooklyn and Chattanooga. The hotel, set within the historic Century House, is taking reservations for bookings beginning in August.
Looking for a truly unique travel experience and considering a new vehicle? The Volvo Overseas Delivery Program is the perfect solution to create your own adventure of a lifetime. Volvo allows you to custom order your new automobile tailored to fit your needs and desires. They will fly you to Sweden to pick up your Volvo so you can drive and explore Scandinavia and Europe on your terms for up to two weeks.
My husband, friends and I visited Parkway Bakery & Tavern on a recent trip to New Orleans. The restaurant is one of the most well-known for the city’s signature sandwich, the po’ boy. The restaurant doesn’t take reservations, so we arrived close to when it opened and braved the already-long line.
A survey conducted by Morning Consult and commissioned by American Hotel & Lodging Association found 44 percent of Americans are planning overnight vacation or leisure travel in 2020, with interest for road trips, family events and long weekends high. Of those expectant travelers, 68 percent say they are likely to stay in a hotel in 2020.
The city took its name from Athena, goddess of wisdom, strategy and war, and protector of the city. The financial, political and administrative center of the country and an all-powerful city-state in antiquity, Athens is a major center of culture. A visit to the first-ever museum dedicated to Byzantium, a stroll around the National Garden and a trip to the Olympeion archaeological site will take you back through time.
The Rwanda Development Board announced commercial flights will be welcomed back to the country starting Aug. 1.
PLANNING A VACATION TO FRENCH POLYNESIA, the Cook Islands or Fiji? Lucky you! While you really can’t go wrong with any of these exotic locales that beckon with white-sand beaches, mornings spent listening to soothing water lapping your bungalow, and immersion excursions with some of the world’s most amazing flora and fauna, not all islands are created equally.
Finding a beachfront Punta Cana all-inclusive resort for all ages can be daunting when you want to take home great memories with loved ones but also experience a sophisticated escape. Now, you can have both thanks to a new resort: Finest Punta Cana.
As more destinations around the globe reopen to travelers, we are ready to get back to one of our favorite activities. Join us over the next several weeks as we take you to places around the world saying #WelcomeBacktoTravel. Take a visual journey through New Jersey’s beach towns with us.