DENVER (AP) — People are returning to their normal routines and activities as pandemic restrictions lift across Colorado and vaccination rates tick up.
That means they're also starting to again rely on ride-hailing apps like Uber and Lyft. But some of those who use the services have lately been in for a surprise when they find out that prices have shot up.
The Colorado Sun reports demand is outpacing a reduced supply of drivers, triggering dynamic pricing that Uber and Lyft use to try to address the imbalance.
A recent study found that Uber prices were up 40% in April compared to the previous year.