Analysis of Per-Ride Fare Data for Capital Bikeshare

Pricing models for bikesharing systems worldwide typically share a similar structure, consisting of a fixed membership fee that provides access to the system, and a variable usage fee for rides over a certain length of time. Capital Bikeshare stakeholder organizations would like to understand how ridership, membership, and revenue change with conversion to a pricing structure that charges riders per-ride, without a fixed membership charge. In conjunction with the SafeTrack Metrorail service disruptions, Capital Bikeshare is offering $2 per-ride memberships to the general public. The goal of this study is to analyze the impacts to the Capital Bikeshare system that come from offering this new membership option rather than the current model of membership time periods offering unlimited short trips.