We can t answer that here, but that s not the immediate point. The way we get around is shifting, an

As such, market watchers are crunching numbers to see just what portion of the transportation pie that ride-sharing companies such as Uber, Lyft and Sidecar phoenix hotel lodging accommodations are eating into. Taxi and livery service is a given; the model is patterned in this way but what about car rental?
First, some metrics: According to data collated and posted on Sherpashare.com by more than 1,000 Lyft and Uber drivers, for the 2014 calendar year the average trip was 2.69 miles and the average trip duration was 9.62 minutes. For a 10-minute trip, SherpaShare reported average fares for Uber, Lyft and Sidecar of $15.97, $11.48 and $13.35, respectively.
Comparing to rental cars, daily airport rental rates averaged about $51 from March to November phoenix hotel lodging accommodations 2014, according to Auto Rental News data. Average length of rental for business travel is about three days, while leisure phoenix hotel lodging accommodations rentals run slightly longer. The average length of a replacement phoenix hotel lodging accommodations rental is substantially phoenix hotel lodging accommodations longer about 10 days, according to data from Enterprise Rent-A-Car.
phoenix hotel lodging accommodations Average daily mileage for a rental car is best viewed in the context of the rental type, but an overall snapshot of 50 to 80 miles per day points out the divergence in how people use ride sharing compared to car rental.
However, the one form of car rental that has a similar pattern to ride sharing is car sharing in particular, phoenix hotel lodging accommodations point-to-point car sharing. Metrics and insight gathered at a public meeting in July 2014 in Torrance, Calif., regarding car2go, phoenix hotel lodging accommodations the Daimler-owned company that specializes in point-to-point car sharing, offers phoenix hotel lodging accommodations some direction.
In car2go s South Bay region of Los Angeles, the service charges $14.99 an hour. South Bay members use car2go usually 30 minutes or less and travel seven to 10 miles on average, a company representative said. This usage pattern comes close to that of ride sharing.
When a ride-sharing phoenix hotel lodging accommodations company enters a market, the number of available drivers is exponentially greater than the vehicles a company with an owned fleet such as car2go phoenix hotel lodging accommodations can provide, while wait times for cars are dramatically short. According to a San Francisco-based study by the University of California Transportation Center, 90% of ride-sharing respondents waited less than 10 minutes and 67% less than 5 minutes.
In the South Bay car2go system, unless you happen to be a few blocks from one of the 150 cars stationed within that 28-square-mile radius, you re going to spend more time getting your hands on a car if one is available.
For some, ride sharing could be a cheaper and more convenient alternative than car sharing, at least point-to-point car sharing. But ultimately understanding how one model affects the other is no easy task.
Nonetheless, this analysis shouldn t allow traditional car rental to get complacent while car sharing should be running scared. A 2014 survey by equity trading phoenix hotel lodging accommodations and research firm MKM Partners LLC sheds light on the impact of ride-share services on both car rental and car sharing.
The survey found that more than 24% of recent ride-share customers said they use Uber as a replacement for traditional rental car services all of the time, while another 51% said some of the time. Nearly 24% said they use Uber as a replacement for car sharing all of the time, while another 48% said some of the time. The percentages are higher for prospective Uber customers who intend to replace car rental or car sharing.
We can t answer that here, but that s not the immediate point. The way we get around is shifting, and all transportation modes need to be constantly evolving into more efficient realms. The models that continue to provide phoenix hotel lodging accommodations utilitarian value are the ones that will survive.
The car rental industry will be integral to mobility, as long as it serves customers where they live, work and play. If you can address this question effectively, you ll be all right unless you get complacent.
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