The sharing economy is a relatively new concept only having been around for approximately ten years. Sharing economy is nothing more than a consumer or company that can provide an under-utilized good to a consumer for money. However, the sharing economy hasn’t had a profound effect on the hotel industry until very recently. With most… (more)
Posts Tagged ‘Airbnb’
All Is Not Lost: How to Compete With Airbnb as an Independent Hotelier
During late 2017, Airbnb CEO Brian Chesky described how the company’s new bookable excursions feature (known as “Experiences”) had earned the travel industry disruptor “about a half a million dollars.” Forming part of its Trips platform, Airbnb’s Experiences are another example of its innovative approach to online booking in the hospitality sector. It’s also a… (more)