Uber and Lyft - which are essentially ‘alternative transportation’ companies - succeeded by making more supply available to fill the pent-up demand for paid rides. By making it easier for existing inventory (such as Limo drivers) and new inventory (such as your friendly neighborhood Uber driver) to connect with individuals needing rides, Uber and Lyft were able to increase the overall size of the market, and deliver exceptional experiences to customers around the world.
At Urbandoor we’re addressing the accommodations challenge with a similar approach. We’re solving traveler needs with access to a global network of professionally managed, Serviced Apartments. Like Uber/Lyft, we’re opening up inventory that didn’t previously exist (such as vacant apartments from top tier owners/operator) as well as working with existing Serviced Apartment providers to make their inventory more accessible. The results? The consistency of the accommodation and service with Duty of care compliance in a comfortable apartment - a great ‘alternative’ when business travel requires a stay beyond a few days.