Posted on January 2, 2018
Written by Camille Galdes
Transportation demand management strategies, which increasingly include ride-hailing services, have evolved from a negotiating tool to an amenity.
In just a few years, ride-hailing services have revolutionized how people move around in their daily lives. According to a January 2017 Business Insider article, in more than 500 cities around the world, anyone with a smartphone can now call an Uber car to their location. Similarly, Lyft reaches people in 300 cities across the U.S. These tech-savvy companies allow users to request and pay for rides straight from their phones, enabling users to pick up rides on the go that usually cost less than local cabs. Now that ride-hailing is nearly ubiquitous — and “uber” has become a verb — developers and property managers are increasingly using these services to boost the profile and profitability of their properties.