Business travelers are now submitting more Uber and Lyft receipts than they are with rental cars.
We all know ZipCar is being chummy with Uber (renting their cars to drivers) and Hertz is renting out to Lyft drivers. Guess what happens next?!
"Uber accounted for 43 percent of ground transportation transactions for the period, while the total for ride-hailing receipts tracked in Q1 made up 46 percent, with rental cars totaling just 40 percent."
And this trend is only accelerating: Certify also reported that rental car transactions have fallen 15 percent in the past two years, while ride-sharing receipts increased 4 percent during the fourth quarter of 2015.
We can't blame them. Rental cars are a pain. Reserving it in advance, taking a bus to a whole another lot, standing in a line to rent it, re-fueling it, etc. etc. What dinosaur industry.
Get ready to say goodbye folks