Tag: capital bikeshare

New Citibike owners stumble on day one with price hike lie

It’s
a new day for the Alta Bicycle Share company, under new ownership, and new management. Sadly,
it seems like the new boss is a lot like the old boss when it comes to making
promises and then not following through with them. Alta became quite well known
for never delivering on their promises, and on day 1, the new Alt, now owned by
Related Companies and Equinox, has kept up the tradition.

For months now, there have been rumors that Citibike, Alta’s flagship system,
would see a price hike for annual memberships under the new ownership. The
official announcement yesterday confirmed the hike, but included a disclaimer.
On the official announcement and in the email they sent to all existing subscribers last night: Click to read more!

Citibike hits major snags – will it delay Chicago and SF launches?

It’s been over a week since the nation’s largest bike-share system launched in New York City. That launch was accompanied by a very predictable stream of media – naysayers, doubters, and then the tabloids looking for trouble.

I predicted as much over a year ago when the system details were announced:

With bike share, New York has been following the exact same media
pattern we saw in Boston in 2009-2011. Boston, naturally, was mirrored
in London during the same period. Both of course were simple repeats of
what happened in Washington a year earlier.
Click to read more!