Edison, NJ -- (SBWIRE) -- 12/28/2020 -- An extensive elaboration of the Sharing Economy in Travel & Tourism - Thematic market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes Sharing Economy in Travel & Tourism - Thematic player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like Airbnb, Accor, Uber, Lyft, Ola Cabs, Expedia, XOJET.
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Important players listed in the study: Airbnb, Accor, Uber, Lyft, Ola Cabs, Expedia, XOJET
The sharing economy has been one of the biggest disruptors in the travel and tourism industry in recent years.
This thematic research report takes an in-depth look at the theme of the sharing economy and the impact it has on the industry, its players, and also on tourists. The report covers the main themes occurring in the industry, real-life case studies a unique thematic analysis of the impact on the industry including recommendations for travel & tourism companies. Additionally, we highlight the public and private companies involved with the sharing economy.
"The sharing economy has shaken up the travel and tourism industry over the past decade especially and has caused concern for companies operating traditionally. Both taxi drivers and taxi companies around the world have berated companies like Uber for undercutting them and reducing custom. Hotels now have to compete with lodging companies offering local experiences while OTAs such as Booking Holdings have got involved in the theme to minimize the threat of losing custom to Airbnb.
Key Highlights
- The sharing economy encompasses a range of themes including collaborative consumption, the gig economy, crowdsourcing, and co-working. It is prevalent in the travel and tourism industry as travelers tend to seek out lower prices and more authentic experiences.
- Millennials and Gen Z have been a key driver of the sharing economy as they increasingly search for something more than a package holiday. Holidays are now focused on learning and being immersed in the local culture.
- The rise of social media fostered a trust in technology that is most prevalent in younger generations. Being used to sharing ideas and reviews online paved the way for the success of the sharing economy. Tech-savvy travelers are happy to trust what other people are saying online and this has been a backbone to the sharing economy, where star ratings are crucial to each user's success.
- Cost is a major factor for a huge number of travelers. The way that companies such as Airbnb and Uber were able to disrupt the industry was through offering lower-cost options than traditional companies were doing.
- The success of the sharing economy can be heavily attributed to the use of technology such as AI and big data. Companies involved in the sharing economy are typically very focused on their app and this has been a big driver of their success.
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Scope
- This report provides an overview of the impact of the sharing economy on tourism and clearly defines the various faces of the theme.
- It identifies the main trends related to the theme, classified into two categories: trends contributing to the growth of the sharing economy, and sharing economy trends in travel and tourism.
- This report identifies several case studies to illustrate how the sharing economy impacts the industry, including examples from Airbnb and Surf Air. Additionally, it provides an insight into what companies are doing to increase their understanding of the theme.
- Our unique thematic methodology provides an in-depth analysis on the impact of the theme on the travel & tourism industry, underlining several ways that companies can get involved with the sharing economy.
- We highlight public and private companies involved with the sharing economy, including Airbnb and Uber.
This report covers the current scenario and growth prospects of Sharing Economy in Travel & Tourism - Thematic Market for the period 2019 to 2025. The study is a professional and in-depth study with around - no. of tables which provides statistics of actual scenario of industry and acts as valuable guide to direction companies and individuals interested in the domain.
On what parameters study is being formulated?
- Analysis Tool: The Sharing Economy in Travel & Tourism - Thematic Market Report contains accurate analysis and evaluation data for key industry players and market coverage using a number of analytical tools like data triangulation and iterative data estimation.
Demand Determinants Tapping top notch application that seeks high growth potentials.
-Key Strategic Developments: This Sharing Economy in Travel & Tourism - Thematic study includes product/service developments of market, including R & D, new launches, M & A, JV & partnerships along with regional growth of leading giants in the market.
-Key Market Features: The study also provides a comprehensive study of key market dynamics and current trends, along with relevant market sectors and sub-sectors.
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The Sharing Economy in Travel & Tourism - Thematic study includes data from 2014 to 2025 useful for industry executives, marketing, sales and product managers, analysts, and anyone looking for market data in easily accessible document.
Key questions answered with this report
How Post CoVID-19 Business Scenario is?
What Gap Demand Supply Curve have Seen During Pandemic? How Leaders in the Indsutry are Reacting?
who are the Leading key players and what are their Key Business strategies in the Sharing Economy in Travel & Tourism - Thematic market?
What are the major findings identified via five forces analysis of the Sharing Economy in Travel & Tourism - Thematic market?
What are different opportunities and threats faced by the dealers in the Sharing Economy in Travel & Tourism - Thematic market?
How key vendors are strengthening?
Check complete table of contents with list of table and figures @ https://www.htfmarketreport.com/reports/2412896-sharing-economy-in-travel-tourism-thematic-research
Some extract from Table of Contents
- Overview of Sharing Economy in Travel & Tourism - Thematic Market
- Sharing Economy in Travel & Tourism - Thematic Size (Sales Volume) Comparison by Type (2019-2025)
- Sharing Economy in Travel & Tourism - Thematic Size (Consumption) and Market Share Comparison by Application (2019-2025)
- Sharing Economy in Travel & Tourism - Thematic Size (Value) Comparison by Region (2019-2025)
- Sharing Economy in Travel & Tourism - Thematic Sales, Revenue and Growth Rate (2019-2025)
- Sharing Economy in Travel & Tourism - Thematic Competitive Situation and Trends
- Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
- Analyze competitors, including all important parameters of Sharing Economy in Travel & Tourism - Thematic
- Sharing Economy in Travel & Tourism - Thematic Manufacturing Cost Analysis
- Marketing Strategy Analysis, Research Conclusions