- As travel recovered, riders across the country noticed higher costs for ride-hailing services such as Uber and Lyft.
- RideGuru’s CEO said travelers will have to wait longer during the holiday season and expect “probably more cancellations”.
- Analyst Mark Mahaini said raising fares means that drivers can earn “substantially more” than they did before the pandemic.
As a New York City woman, Shweta Garg preferred to use Ubers or Lyfts to move around town.
“I felt safer, especially at night or when I went to the airport with my stuff,” she told USA Today. “I was always a Uberpool person.”
But now, Garg said the fare is too high to choose a ride-hailing service. During a July trip from his home in the financial district to John F. Kennedy International Airport (about 20 miles), Garg demands more than $ 250 for a 45-minute trip where Lyft used to be less than $ 70. I was stunned to find it. Uber wasn’t that good, and travel prices were over $ 100.
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Riders can expect high fares during the holidays
Source link Riders can expect high fares during the holidays