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Here are five hidden trends in corporate America’s travel and expenses as online services take over [Recode]

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ippei
1202 Rider Driver Guru
 Posted 5 years, 8 months ago

This is an article as to how the employee spendings for business travelers are changing.  Luckily this data is readily available, and you can identify fascinating trends.

Ride-hailing services like Uber and Lyft have eclipsed taxis

It’s no secret that online ride-hailing services have wreaked havoc on the taxi industry, but the situation is particularly dramatic among business travelers. In the less than 10 years since it launched, Uber and its competitor Lyft have gobbled up a whopping 93 percent of business ride-hailing receipts (Uber, 74 percent; Lyft, 19 percent), according to expense report software company Certify, while taxis make up 7 percent. Note that smaller ride-share companies were not included in this exercise, so the market shares of Uber, Lyft and taxis should be slightly less.

Not only is Uber the leader in business car rides, it’s also the most frequently expensed vendor on Certify; in 2014, Delta and Starbucks topped the list.

https://www.recode.net/2018/7/26/17616498/travel-expense-trends-business-corporate-certify-concur-egencia

Comments

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    AsStibelDude
    669 Driver
     5 years ago

    For some reason I believed that the business expenses was taxi's stronghold.  I guess not.  At least not as of 2014.

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      Denver28
      47 Rider
       5 years ago

      nah. come on.  business travelers are well connected and love using new techs. People who still take taxis are those hailing them on the streets or gramps who still pick up the phone and call.

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        DaimsLer
        273
         5 years ago

        yeah, and certainly not tourists or any out-of-town traveler for that matter.  If you go to another city, why would you look up some random taxi company and call?  you just pick up your phone and use the app you always use.

        one consolidated vendor.  it's like amazon.