Double Down on Sharing Economy or Be Left Out
Although it’s probably a little late in the day to have woken up to the threat of Airbnb, but Accor is doubling down on the sharing economy which deserves some credit. There is only so much that can be achieved by cost cutting: investment is also necessary for businesses to evolve, particularly if they want to sneak into niche markets or those favored by millennials. Hence, it’s also investing for the future, and shareholders should give this approach to peak hotels some credit.
Wheel Estate, the Calgary-born startup offers a marketplace for users to lend and rent out travel trailers. This helps owners monetize idle RVs and helps non-owners enjoy camping adventures for less. It enables real-time communication between owner and renter and provides secure payment processing without hassle
Airtasker, which allows users to post jobs they want completed and choose a bidder, is changing the way people work in the ACT. The website’s growth in Canberra comes after the city became the first to regulate ride sharing platform Uber. Its co-founder and chief executive Tim Fung took time to chat with Business Insider about what’s driven his success.
Two Denver startups, Blinker and Tokken, were among 65 finalists in the Interactive Innovation Awards hosted by the media, music and technology festival – and the odds are decent that one of the Denver companies will win in their category. Together, they were two of the five finalists in “New Economy.” According to SXSW, this category recognizes companies that that redefine “the exchange of goods and services, from the sharing economy, to virtual currency, to micro-finance, to mobile-device-payment systems and beyond.”
Trade Pros, Klothed, MowSnowPros, and many new mobile apps which are expanding into Calgary in the coming months, are changing the way people buy products and services. These apps could create structural change, not only in their individual industries, but to Canada’s economy and workforce. In addition, many of the new mobile apps in Canada focus on offering on-demand services to suit a customer’s schedule
Ride-sharing platforms such as Uber and Lyft, and peer-to-peer housing platforms such as Airbnb, may already be making inroads with meetings and events, but many planners still have reservations. But despite some hesitation, there is a lot to be said for the confluence of the sharing economy and meetings. And there is a lot more to the peer economy than just Uber and Airbnb, he said. Here are three platforms he thinks should be on planners’ watch lists.