Valets and parking lots are seeing less business as people use ride-hailing services more. (Eduardo Contreras/San Diego Union-Tribune/TNS)
LOS ANGELES: The rapid rise of ride-hailing services such as Uber and Lyft has taken a big bite out of businesses that rely on people who need to park their cars. Now they're facing a choice: keep dwindling, or innovate.
Proper Parking, based in Woodland Hills, has seen a 70% drop in nightclub valet traffic since it started six years ago, said Brandon Helfer, the company's president. In addition, it has seen a 30% drop in restaurant traffic and a 25% drop at weddings.
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