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Certify Releases its Quarterly SpendSmart™ Report on Business Travel Spending Trends for Q1 2017

Certify Releases its Quarterly SpendSmart™ Report on Business Travel Spending Trends for Q1 2017

Now in its 17th quarter, the Certify SpendSmart™ Report for Q1 2017 is available with the latest insight into key spending trends for clients, financial professionals and suppliers to the T&E market. In addition to the top expense spending across major categories like meals, lodging, car rental and airlines, the Quarterly SpendSmart™ Report also sheds light on the emerging trends of the ride-hailing industry and what it means for today's business traveler. The biggest news for the quarter lends itself to Uber's slowing growth of popularity among business travelers. Uber's growth in Q1 2017 was the slowest on record with Certify, gaining just 1% compared to 2% for Lyft. And while Uber still dominates the ride-hailing category, data and user reviews suggest that recent media controversies might be to blame for Uber's slower growth. Ride-hailing provider, Lyft, might be a distant second-place competitor, accounting for 6% of business traveler expenses, but is quickly gaining ground on ...
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