Uber is business travelers’ no. 1 expense

When you go to a new city for business you need to get around the town. This used to be what taxis were for, now it is Uber. In a new report the number one expense of people traveling is Uber, where it used to be coffee. This proves the tech giant is here to stay.

Key Takeaways:

  • A new study found that 6% of all business travel transactions in 2016 were with Uber, making the ridesharing company the most common expense,
  • The findings are a reminder of the rapid growth of ridesharing, and the challenging future for traditional car rental companies and taxis.
  • Both Uber and its competitor Lyft saw huge gains in 2015, while taxi and rental cars suffered.

“The findings are a reminder of the rapid growth of ridesharing, and the challenging future for traditional car rental companies and taxis. Both Uber and its competitor Lyft saw huge gains in 2015, while taxi and rental cars suffered.”

http://money.cnn.com/2017/01/26/technology/uber-expense-reports/index.html

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