Articles tagged “sharing economy”

Hertz Investment in On-Demand Car Service Tied to Tech Overhaul

Hertz's investment in on-demand valet-parking service Luxe should be seen in the context of Accorhotels recently acquiring Onefinestay. Car rental companies and hotels are both feeling pressure from the sharing economy and they will be making more such investments and acquisitions as these startup mature.

The State of Global Travel 2016

The 2016 State of Travel deck draws from our daily coverage of the global travel industry, from our ongoing series of Skift Trends Reports, and also incorporates expert research from…

The Inside Story Behind Expedia’s Purchase of HomeAway

Although five companies other than Expedia expressed an interest in investing in HomeAway or proposed an alternative transaction, only one, Expedia, made a full-blown acquisition proposal. That may say something about HomeAway's prospects, the very competitive marketplace in the vacation rental space and the broader sharing economy.