Articles tagged “lyft”

Hertz and Avis Double Down on Ridehailing Strategy

Hertz and Avis Double Down on Ridehailing Strategy

Isaac Carey, Skift

It's been hard for car rental companies to adapt to disruptors like Uber and Lyft, but their recent strategies show promise.

2 weeks ago

Hilton Seeks More Partnerships to Entice Low-Tier Loyalty Members

Hilton Seeks More Partnerships to Entice Low-Tier Loyalty Members

Danni Santana, Skift

It's easy for hotel chains to spend time and resources on their highest loyalty spenders. But there is plenty of money to be had at the other end of the tier as well.

3 weeks ago

Lyft, Uber and Scooters Gain Popularity with Business Travelers

Lyft, Uber and Scooters Gain Popularity with Business Travelers

Shelly Hagan, Bloomberg

Ridesharing apps have been hugely popular among corporate travelers for years now, but the use of scooters is pretty new. As scooters spread to more cities around the world, business travelers may very well find that they become an invaluable form of mobility on the average work trip.

3 weeks ago

Uber and Lyft Back a ‘Responsible Tax’ to Ease Traffic Congestion

Uber and Lyft Back a ‘Responsible Tax’ to Ease Traffic Congestion

Romy Varghese, Bloomberg

Since ridehailing firms play a role in traffic congestion, they must pay “a responsible tax.” But it appears consumers will end up paying for that tax, if a proposal in San Francisco, where the disruptive industry started, gets through. Make sense?

4 weeks ago

Skift Global Forum Preview: Hilton’s Tech Innovations Drive Brand Growth

Skift Global Forum Preview: Hilton’s Tech Innovations Drive Brand Growth

Danni Santana, Skift

Hilton understands the true conundrum of running a hotel business: Customer preferences will always change faster than the market can react. That is why the company has invested throughout the customer experience, from booking to loyalty partnerships, to keep guests happy.

1 month ago

Grab Invests in Splyt to Give Users a One-App Ridehailing Solution Globally

Grab Invests in Splyt to Give Users a One-App Ridehailing Solution Globally

Raini Hamdi, Skift

What if you could use your everyday ridehailing app anywhere in the world? No more cumbersome downloads of another app or losing loyalty points from your app. That’s what Grab wants to achieve with its investment in Splyt. Too good to be true?

2 months ago

New Loyalty Partnerships Launch Between Hilton and Lyft, Alaska and El Al

New Loyalty Partnerships Launch Between Hilton and Lyft, Alaska and El Al

Grant Martin, Skift

For those still loyal to the travel industry, a new spate of partnerships will now make it easier to earn miles and points across airlines, hotels, and shared cars. And with zero barrier to entry, some passengers may find a windfall.

3 months ago

Hilton and Lyft Launch Loyalty Partnership

Hilton and Lyft Launch Loyalty Partnership

Grant Martin, Skift

Hilton and Lyft's new loyalty partnership is a win-win for travelers. On one hand, Hilton members get completely free points for riding in Lyfts. On the other, it'll also soon be possible to book rides with extra loyalty points.

3 months ago

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Sean O'Neill, Skift

Several travel startups dream of going public. Lyft's initial public offering shows that profitability isn't necessarily as important as growth in the eyes of some investors, among some other key lessons.

5 months ago

Lyft Posts Big Gains in Public Debut As It Continues to Lose Money

Lyft Posts Big Gains in Public Debut As It Continues to Lose Money

Olivia Zaleski and Eric Newcomer, Bloomberg

Lyft lost $911 million on revenues of $2.2 billion last year. Yet its stock closed up more than 8 percent on the day of its IPO. What a world.

5 months ago

Uber Buys Middle East Rival Careem for $3.1 Billion

Uber Buys Middle East Rival Careem for $3.1 Billion

Eric Newcomer, Bloomberg

Aside from getting rid of a worthy competitor and making it family, the deal bolsters Uber’s position as a global player against rival Lyft as both head for a public listing.

5 months ago

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Lyft’s Good Problem to Have: Its IPO Is Oversubscribed

Olivia Zaleski and Eric Newcomer, Bloomberg

Looks like Lyft's initial public offering is already oversubscribed. Investors are willing to overlook its significant losses and forget that strong demand ahead of an offering does not mean success in public markets. As Facebook has shown.

5 months ago