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I live in Boston and I ended up buying a bike to commute into work. Boston/Cambridge is great for cyclists (drivers not included). The point of Hubway is you p

by fourmii 13y ago

I live in Boston and I ended up buying a bike to commute into work. Boston/Cambridge is great for cyclists (drivers not included). The point of Hubway is you pay for the convenience of the network. They have stations literally everywhere. And the cost of maintaining those bikes and stations is probably very high. I think I read somewhere that NYC's Hubway equivalent was losing money (even though it's partially sponsored). I'm not sure how popular their annual memberships, I suspect a lot of the revenue comes from the casual renters like tourists and working folk needing to get from point a to b quickly.

30thElement 13y ago
The NYC equivalent is losing money because everyone got a annual pass and not many tourists are using it. The tourists are the real money makers, as only 10 daily passes or 4 weekly passes will be the same cost as an annual pass[1]. If I was the program director though, I wouldn't be worried yet. We just got out of the coldest winter in recent years, and in a few months we can tell if no one is riding the bikes because the novelty wore off or because it was cold. http://www.citibikenyc.com/pricing http://www.citibikenyc.com/pricing