Articles tagged “sharing economy”

This move signals Sabre's eagerness to remain a powerhouse for travel agents in a changing landscape where alternative lodging, driven by the popularity of Airbnb, takes off. Come 2019, Sabre aims to be more of a one-stop shop for agents. Some agents applaud the move; others couldn't care less.

In its rebrand to the American Society of Travel Advisors, ASTA wanted to keep the acronym as is. But is "Society" really a gateway to the future? The success or failure of the move may hinge on the effectiveness of the organization's new marketing campaign. We can't wait to give it a look.

Much of the European tourism industry has emerged from the doldrums of 2015 and 2016 stronger than ever, but not without fault lines to keep track of, such as hotels and alternative accommodations. The latter is proving it's a sector that's holding its weight against hotels across much of the continent.

As more affordable sharing economy, serviced apartment, and mid-scale hotel options have become popular with business travelers, high-end hotels have taken a hit.

No one knows what Airbnb's impact is. But our contrarian take is that it's greater than what most hoteliers think -- and accelerating by the day. Yet it's manageable if hotels act strategically.

Over the last 18 months Wyndham has been supplementing its vacation rental offering with acquisitions in what we would call the alternative accommodation market. The investments in Veeve and Wimdu are just the latest indications of how seriously it is taking this segment.

While regulation is catching up with the Alternative Accommodations scene, the sector itself is still booming thanks to its social and tech-savvy consumers.

While regulation is catching up with the alternative accommodations scene, the sector itself is still booming thanks to its social and tech-savvy consumers.

By tackling the issue of trust, not only will companies in the sharing economy be able to raise standards, they might also be able to keep regulators off their backs.

Despite perceived travel risks and uncertainty about the global state of affairs, travelers are growing savvier and more resilient than ever. There’s a new kind of geopolitically-aware traveler who remains…