Parking giant says Uber, Lyft have cut parking business up to 50 per cent in some venues

by Jeanette Steele :  therecord – excerpt

SAN DIEGO — The parking giant Ace Parking says that Uber and Lyft are eating into the parking business — with as much as 50 per cent less traffic at nightclubs and a 25 per cent drop at restaurant valets.

A death knell for paid parking? No, Ace and others say they are going high-tech to survive.

For consumers, the bright side may be lower parking prices.

In downtown San Diego, this trend could colour how much more parking is built, as the city updates its policy this year.

In a September email buried deep in an environmental report, Ace Parking CEO John Baumgardner laid out the ugly truth for the parking business.

At San Diego hotels serviced by Ace Parking, overnight parking has declined 5 per cent to 10 per cent. At restaurant valet stands, business is down 25 per cent.

And, most dramatically, nightclub valets are seeing a 50 per cent drop off… (more)

Expanded Uber Express Pool option: Walk a bit, ride for less

By Carolyn Said : sfchronicle – excerpt

Uber is expanding Pool, its shared-ride option, offering passengers the chance to save money if they wait a few minutes and walk a few blocks for a ride.

The company has run a pilot of the new program, called Uber Express Pool, in San Francisco and Boston since November. This week it will add six cities: Los Angeles, Miami, Philadelphia, San Diego, Denver and Washington, D.C.

“Regular” Uber Pool, which the company has offered since mid-2014 and which now exists in 36 cities, lowers prices by letting multiple passengers split costs on a ride, like a form of carpooling. But Ethan Stock, an Uber product manager, acknowledged in a press call Tuesday that passengers get frustrated if their cars drive in circles to pick up and drop off others — and that such an approach is not the most efficient.

Express Pool takes a more streamlined approach, with some of the extra effort coming from passengers on foot so the cars can follow a straighter route.

People requesting an Uber ride will see the options of Express Pool, regular Pool and UberX, and the associated prices and estimated arrival times for each. Those who select Express Pool will be asked to wait a few minutes to increase the odds of finding compatible passenger matches, and then to walk one or two blocks to be picked up. Likewise, at the end of the ride, passengers may have to walk a couple of blocks to their destination… (more)

Uber completes with Muni. What doesn’t ?

RELATED:

Uber Express Pool offers the cheapest fares yet in exchange for a little walking

Uber officially launches Uber Express POOL, a new twist on shared rides

Uber Express Pool is like a minibus with cheaper rides