Travel expense management software provider Certify released its SpendSmart report last month, which analyzes business travel spending.
The report shows ride-hailing companies Uber and Lyft picked up an additional 2 percent of ground transportation traffic in the second quarter of 2017.
Uber now commands 55 percent of ground transportation overall.
The report also shows for the first time in its history, taxis’ modal shares fell 8 percent. The car rental industry showed a similar decline, dropping 3 percent to 29 percent overall.
“The revolution in ground transportation we’re seeing today led by Uber and Lyft has far reaching implications for the future of corporate travel,” said Robert Neveu, CEO, Certify. “Business travelers’ move toward greater personalization and convenience may have started with ride-hailing, but it’s not likely to stop there. Mobile technology brought us into a new age, and the expectation and ability to cater to the preferences of the individual is driving a cultural shift that will continue to affect dynamic change throughout the industry.”
Lyft grew in every market except Miami, where numbers were flat for the second quarter. Uber lost between 1–4 percent in every city but Chicago, where it gained 1 percent. Despite that drop, Uber stayed in first place as the most expensed brand processed by the Certify system with nearly 9 percent of all expenses.
Read This Next
Introducing
FX Excursions
FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.
#globility
Insta FeedDaily
Apr 19, 2024Rosewood São Paulo Now Home to Asaya Spa by Guerlain
Nestled within the sustainable Rosewood São Paulo, Asaya Spa by Guerlain offers a first-of-its-kind urban retreat. Designed by legendary Philippe Starck, the wellness destination delivers a creative opportunity for guests to achieve personal transformation while enjoying a luxurious getaway.
Sponsored Content
Why Buy Annual Travel Insurance?
One affordable plan can protect an entire year of trips: business or pleasure, short or long, domestic or international.
Daily
Apr 19, 2024The Iconic Bayeux Tapestry in France to Get New Home
Under the direction of the Town of Bayeux, France, in close collaboration with the French government, the Normandy Region and the Department of Calvados, the project to move the famous 11th-century Bayeux Tapestry to a new space has been approved.
Daily
Apr 19, 2024Turtle Bay Resort Partners with Salesforce
Turtle Bay Resort and Salesforce recently announced a partnership. Salesforce will help the O’ahu-based resort augment service agents with AI and personalize the entire guest experience. Salesforce’s Einstein 1 Platform will help the resort with its efforts to reinvent itself, heighten awareness of its offerings and establish new customer relationships.
Sponsored Content
Exclusive Savings: Cruise Along the Danube River with Global Traveler
Exclusive Sailing with Global Traveler
Daily
Apr 18, 2024Fort George Hotel & Spa Transforms Belize City from Gateway to Destination
Belize City is better known as a business center and a stop en route to Belize’s lush rural destinations, but Fort George Hotel & Spa promises to change things up and reframe the nation’s capital as a destination in its own right. Located in the city’s Fort George neighborhood, the hotel debuted as the first luxury hotel in Belize City, boasting sophisticated design, elevated culinary offerings, expansive guestrooms and an inspiring wellness program. The hotel also features a branded fitness center, plunge pool and K’IN Spa.
Amansara Review
eFlyer Reviews
Apr 17, 2024Regent Santa Monica Beach to Debut This Summer
Daily
Apr 17, 2024eFlyer News
Apr 17, 2024Icelandair, Expedia Launch New Rewards Program
Icelandair and Expedia officially partnered to launch a new rewards program. Travelers can now earn more rewards from bookings.
Sponsored Content
Revel in a European Summer with AmaWaterways
Pedal through sun-drenched vineyards, hike amidst blooming wildflowers and take a refreshing dip in your ship's sun-deck whirlpool. Indulge in the flavors of the region with delectable dishes featuring luscious Wachau Valley apricots and succulent Serbian plums. As night falls, watch as the cities along the rivers come alive, pulsating with an irresistible electric energy. The sun-soaked days and vibrant nights offer a compelling reason to embark on an AmaWaterways river cruise during the upcoming summer months.
eFlyer News
Apr 17, 2024Swiss International Air Lines Begins New Service from Washington, D.C., to Zürich
Swiss International Air Lines recently launched daily flights from Washington, D.C. (IAD), to Zürich (ZRH). The daily flight is one of three new international routes SWISS launches this summer season, with Toronto (YYZ) and Seoul (ICN) slated in the coming months.
ShareThis