the sharing economy
Make 2020 the Year Disruption Works for Your Hotel
Larry Mogelonsky | January 29, 2020
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) We no longer work in the hotel industry but rather the more broadly encompassing ‘accommodations industry’. Such is the real impact of the sharing economy and alternate lodging providers, as led by Airbnb, that they have so completely changed how the average traveler views their options when booking a place to stay. While we plebs in the traditional hotel sector have had a pretty good past couple of years from RevPAR and occupancy growth standpoints, rest assured that these numbers have been buoyed by a healthy economy and that we may suffer if another downturn is forthcoming, p...
The Sharing Economy: Opportunities for Hoteliers
Remy Rein | April 6, 2017
By Remy Rein Attend a hotel conference these days and the issue of the sharing economy is likely to raise its head, in particular competition from short-term rental services via the internet. Airbnb is a classic example of the sharing economy, as the online business brings together homeowners and renters. It's clear the sharing economy is not going to disappear, so hoteliers should be looking to see how they can join in. The question is: how? Let's look at some of the opportunities out there. According to PwC research, revenue from peer-to-peer accommodation services is forecast to post compound annual growth of 31 per cent between 2013...
TravelClick Hosts Complimentary Webinar on Q1 Global Hotel Industry Performance
TravelClick, Inc. | May 4, 2015
The Sharing Economy, Understanding and Defining Winning Strategies in the New Marketplace NEW YORK (May 4, 2015) - TravelClick, global provider of innovative cloud-based solutions that enable hotels to grow revenue, will present three free webinars on May 19 and 20 to review first quarter 2015 hotel performance results and trends. Findings will be presented by TravelClick experts John Hach, Senior Industry Analyst, and Alexis Welner, Senior Director of Global Enterprise Business Intelligence. Alexis and John will provide a comprehensive update on Q1 global and local hotel performance and industry trends with a special focus on understan...
PwC US Finds Robust Consumer Appetite for New Sharing Economy
PwC US | April 14, 2015
NEW YORK, April 14, 2015 -- Fifty-seven percent of American adults declare that access is the new ownership when it comes to the sharing economy, with four in five consumers agreeing that there are sometimes real advantages to renting versus owning. This is according to a new PwC US Consumer Intelligence Series report and research project, The Sharing Economy, which surveyed 1,000 consumers, held conversations with influencers and business executives, and monitored social media chatter to evaluate the new business model's impact on society and business. PwC spent the past four months examining socio-economic and cultural conditions that...
