Articles tagged “sharing economy”

It's shocking that more corporate travel managers haven't embraced mobile technology and the sharing economy as ways to reduce costs and gain more accurate data on the habits of their clients.

Rental cars have felt some of the burn during Uber's rise but this data show they still have a foot in the game if they can create smarter marketing tactics and make doing business with them simpler for business travelers.

Colbert is becoming the go-to place for Silicon Valley unicorn companies to explain to the masses how they are disrupting legacy businesses.

Booking.com wants to answer the needs of "one customer," the one who books an apartment one day and a five-star hotel the next. Yes, a revolution in lodging is under way and Booking.com is now shouting about it.

We're still a long way from political leaders really understanding what's happening at brands like Uber and Airbnb.

Convergence is happening big time these days as online travel companies around the world, driven by the varied and changing accommodations' needs of their customers, are rapidly expanding and will continue to broaden their array of lodging options.

The rise of the sharing economy is a trend in business travel that won't get put easily back in the bottle, although it isn't for everyone. On the other hand, it is possible that Lufthansa's battle with the business travel community could get recorked and disposed with.

We've been watching how early adopters in business travel are beginning to partner with Uber and Airbnb. Likewise, segments of the hotel industry are beginning to accommodate the sharing economy. Five years from now that collaboration and cooptation will be in full swing.

For first time Uber is now more popular among business travelers than taxis as a percent of all rides, a seminal moment if there ever was one for the business traveler transport economy.

Airbnb, with its roughly $24.5 billion valuation, would likely be too big for most of the online travel agencies to acquire but if they are forced to enter the sharing economy in a bigger way several years from now they always have the resources to buy their way in.