- As travel picks back up, riders across the country have noticed higher costs from ride-hailing services like Uber and Lyft.
- RideGuru’s CEO said travelers can also expect longer wait times and “possibly many cancellations” over the holiday season.
- Analyst Mark Mahaney said rising fares mean drivers are able to make “materially more” than they did before the pandemic.
As a woman in New York City, Shweta Garg used to prefer using Ubers or Lyfts to get around town.
“I felt safer, especially at night or going to the airport with my stuff,” she told USA TODAY. “I was always the Uber Pool person.”
But now, Garg said rides are far too expensive for ride-hailing services to be an option. During a July trip from her home in the financial district to John F. Kennedy International Airport (about 20 miles), Garg was stunned to find Lyft asking for more than $250 for the 45-minute trip that used to cost her less than $70. Uber wasn’t much better, pricing out the trip at over $100.
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