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Financial Feasibility of Public Bike Rental Systems in Spain

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Financial Feasibility of Public Bike Rental Systems in Spain

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dc.contributor.author Hernández-Díaz, Alfredo es_ES
dc.contributor.author Sastre, Julián es_ES
dc.contributor.author López-Sánchez, Ana es_ES
dc.contributor.author Cuello, María es_ES
dc.contributor.author Molina, Julián es_ES
dc.date.accessioned 2018-02-23T11:03:19Z
dc.date.available 2018-02-23T11:03:19Z
dc.date.issued 2016-06-01
dc.identifier.isbn 9788460899600
dc.identifier.uri http://hdl.handle.net/10251/98385
dc.description.abstract [EN] In recent years, many public bike rental systems have proliferated in Spain. Unfortunately, many have had to close because of their poor financial feasibility. The aim of this paper is twofold. On the one hand, a benchmarking of the main public bicycle systems in Spain is conducted, analysing the growth in the last decades, with special emphasis on successful systems and on the recently failed. In addition, the financial feasibility of some successful systems in Spain is analysed: Seville, Valencia and Barcelona. Thus, major factors directly related to the viability of such systems are discussed. A proper and correct knowledge of these factors is essential when making decisions in mobility policies. The main factors on which the management company may decide are: pricing policy (annual and weekly rate), advertising rates, and system dimensions (number of docking stations, anchors and bicycles). There are other external factors not directly controlled by the company (subscribers, occupancy rate of advertising space and system maintenance cost) but which are crucial to their feasibility. To achieve the aforementioned objectives, mobility studies in Seville (1400 surveys) and Barcelona (1000 surveys) were conducted in order to achieve more accurate parameter values (time cycling, distances, used rate, frequencies, etc.). Despite the similarities between the systems in Valencia and Seville, they have shown very different profitability. The high profitability in Valencia and Barcelona is highlighted in contrast to the case of the Seville system. es_ES
dc.description.sponsorship The authors would like to thank the FEDER of European Union for financial support via Project Impacto de la Bicicleta Pblica en Andaluca (GGI3001IDIW) of the Programa Operativo FEDER de Andaluca 2007- 295 2013. We also thank all Agency of Public Works and the Ministry of Furtherance and Housing of Andalusia Regional Government staff and researchers for their dedication and professionalism. es_ES
dc.format.extent 14 es_ES
dc.language Inglés es_ES
dc.publisher Editorial Universitat Politècnica de València es_ES
dc.relation.ispartof XII Congreso de ingeniería del transporte. 7, 8 y 9 de Junio, Valencia (España) es_ES
dc.rights Reconocimiento - No comercial - Sin obra derivada (by-nc-nd) es_ES
dc.subject INGENIERÍA DEL TRANSPORTE es_ES
dc.subject Public bike-sharing system es_ES
dc.subject Financial feasibility es_ES
dc.subject Spain es_ES
dc.subject Public transport policy es_ES
dc.subject Planning es_ES
dc.title Financial Feasibility of Public Bike Rental Systems in Spain es_ES
dc.type Capítulo de libro es_ES
dc.type Comunicación en congreso es_ES
dc.identifier.doi 10.4995/CIT2016.2016.3388
dc.relation.projectID info:eu-repo/grantAgreement/FEDER//GGI3001IDIW//Impacto de la bicicleta pública en Andalucía/IMBIPAND/ es_ES
dc.rights.accessRights Abierto es_ES
dc.description.bibliographicCitation Hernández-Díaz, A.; Sastre, J.; López-Sánchez, A.; Cuello, M.; Molina, J. (2016). Financial Feasibility of Public Bike Rental Systems in Spain. En XII Congreso de ingeniería del transporte. 7, 8 y 9 de Junio, Valencia (España). Editorial Universitat Politècnica de València. 164-177. https://doi.org/10.4995/CIT2016.2016.3388 es_ES
dc.description.accrualMethod OCS es_ES
dc.relation.conferencename CIT2016. Congreso de Ingeniería del Transporte es_ES
dc.relation.conferencedate June 07-09,2016 es_ES
dc.relation.conferenceplace Valencia, Spain es_ES
dc.relation.publisherversion http://ocs.editorial.upv.es/index.php/CIT/CIT2016/paper/view/3388 es_ES
dc.description.upvformatpinicio 164 es_ES
dc.description.upvformatpfin 177 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.relation.pasarela OCS\3388 es_ES
dc.contributor.funder European Regional Development Fund


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