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Business travelers increasingly prefer ride-hailing services over car rentals, taxis [CNBC]

AVIS BUDGET GROUP (CAR)  More Company Research Source: CNBC
Last avis budget group earnings: 5/2 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
PDF Business travelers are renting fewer cars and taking taxis less often while they are on the road, according to research from Certify. Instead, business travelers are using ride-hailing firms such as Uber and Lyft. Certify is an expense management firm. Published 2 Hours Ago CNBC.com Kelly Sullivan | Getty Images A Lyft Amp with driver and passenger on January 31, 2017 in San Francisco, California. With corporate travel surging due to a red-hot economy, business travelers are increasingly turning to ride-hailing firms when they are on the road. Year-end analysis of more than 50 million expense reports in 2017 by the expense management firm Certify, shows Uber and Lyft were the choice for more than two-thirds of the corporate travel receipts it analyzed. Overall, 68 percent of the ground transportation receipts Certify looked at in 2017 were for trips taken with Uber or Lyft. By comparison, just 56 p [Read more]

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