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Uber releases brand-new trips to take advantage of Thanksgiving travel demand

Uber Technologies introduced XXL rides with extra trunk area on Wednesday, banking on increased demand stemming from Thanksgiving vacation travelers, as the ridehailing business seeks to conquer a slowdown in its essential appbased taxi business.

The Uber XXL service, catered towards airport travel, is readily available in more than 60 airports worldwide, consisting of 40 in the United States and Canada, the company said.

The company likewise introduced new reservation functions that enable users to input their flight information to get a suggested time to leave for airport arrivals.

WHY IT is necessary

Uber has actually been seeking to revitalize need, as it faces a weakening ride-hailing market due to financial uncertainty and high inflation impacting commuters.

CEO Dara Khosrowshahi stated last month that the business prepares to catch suburban markets in the U.S. by focusing on functions that enable users to reserve and wait on trips.

CONTEXT

Uber will also track flights to alert customers in case of a hold-up, and will provide them the choice to adjust their airport drop-off appropriately.

In 2023, Uber produced 15% of its movement gross reservations from journeys that were started or completed at an airport, according to an annual filing.

BY THE NUMBERS

Americans are anticipated to set a brand-new record for Thanksgiving travel, with nearly 80 million to hit the roads, catch flights and board cruises over the vacation period, travel group AAA said on Monday.

CRUCIAL QUOTE

The shape of the demand, it's like spiky around Thanksgiving, and after that it's a bit more spread out when you go further into the year, around the Christmas holiday season, said John Nickels, Uber's senior director of item management.

GRAPHIC

(source: Reuters)