Ace Parking says Uber, Lyft have cut parking business up to 50% in some venues

Ace Parking says Uber, Lyft have cut parking business up to 50% in some venues

Large San Diego parking company Ace Parking has reported lower parking rates due to the increasing popularity of Uber and Lyft.

Key findings

Ace Parking’s overnight parking has declined by 10 percent, restaurant valet stands by 25 percent, and nightclub valets by 50 percent.

“In 2017, 68 percent of business travelers chose Uber or Lyft, while 25 percent chose rental cars. Only 7 percent hopped in taxis, according to Certify, which tracks business travel spending.”

View
Download
Behind a hard paywall (paid accounts only)
Behind a soft paywall (limited views allowed until a paid account is required)

Topics

Tags

Technologies

Locations

See something that should be here that isn't? Have a suggestion to make?

Please let us know