Articles tagged “lyft”

Online Travel

Travel Companies Laid Off Thousands in 2023 — See Which Ones

The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.

Travel Companies Laid Off Thousands in 2023 — See Which Ones

News Blog

Lyft Will Pay Airport Riders Up to $100 to Take an Uber — If Scheduled Ride Is Late

Lyft launched an on-time pick-up promise when riders schedule an airport trip, and if the driver is 10 minutes or more late, the company pledges to shell out $100 in Lyft cash to passengers if they ended up needing to use another service such as Uber or a taxi. Screengrabs of the Lyft app. Source:…

Business Travel

Hertz’s Business Travel Is Still Lagging Leisure Sales in the U.S.

Still some way to go, but Hertz is confident blended travel trips will boost its bottom line this year.

Hertz’s Business Travel Is Still Lagging Leisure Sales in the U.S.

Business Travel

The Future of Work Isn’t As Remote as You Might Think

Hotels probably shouldn’t give up on targeting city centers, or focus too much on adding co-working spaces. And airlines maybe shouldn't rule out negotiating corporate contracts.

The Future of Work Isn’t As Remote as You Might Think

Online Travel

Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing

A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides some flexibility to Oyo. However, the market conditions will determine to a large extent if the hospitality company is able to make the most of it.

Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing

News Blog

Lyft Names Former Amazon Exec as Its New CEO

Ride-sharing firm Lyft has appointed David Risher, a former Amazon and Microsoft senior exec, as its new CEO. Lyft's co-founders Logan Green and John Zimmer are stepping down from their respective roles as CEO and president, and moving into non-executive roles, the company revealed on Tuesday. Risher was employee number 37 at Amazon, and was…

Business Travel

Uber, Lyft Lean In More on Loyalty Subscription Programs

Both ride hailing companies are focusing on subscription products, and partners like banks to drive them, as corporate travel remains in a precarious state.

Uber, Lyft Lean In More on Loyalty Subscription Programs

News Blog

Lyft’s New Emission Tracking Tool For Rideshare Business Travel

Lyft is introducing a new sustainability dashboard for companies in the Lyft Business Portal. Lyft Business is the app's travel management solution that streamlines ground transportation for organizations. Business customers starting Wednesday can access rideshare greenhouse gas emissions data for their company on the platform. That information reflects the usage of Lyft Business solutions on…

Business Travel

Sonesta Bets on Smaller Biz Group Meetings With New Loyalty Scheme

The fast-growing hotelier has launched a loyalty program called "Business Pass" with a focus on micro-events. The sticking point is only about a fifth of Sonesta's portfolio is onboard.

Sonesta Bets on Smaller Biz Group Meetings With New Loyalty Scheme

Business Travel

New Hertz CEO on His First 30 Days on the Job

Stephen Scherr, the former Goldman Sachs chief financial officer, has already put a stake in the ground with a new order for 65,000 electric cars from Sweden's Polestar. But can he help fix Hertz so soon after its exit from bankruptcy?

New Hertz CEO on His First 30 Days on the Job