The Impact of Sharing Economy on Hospitality Industry

Running Head: Share Economy
A Share Economy
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Institution:

Share Economy 1
EXECUTIVE SUMMARY
This paper critically reviews an article ‘Better than a hotel’ by Richard C. Morais where it
illustrates a trend in the hospitality industry; a sharing economy. Simply a sharing economy is
when individuals rent out their product and services to others through peer to peer platforms
such as websites and mobile applications. As for this case, landlords and homeowners rent
out their homes and apartments for a certain fee to tourists through Airbnb (Morais,
2013).This report further expounds on how the trend originated and its constant impacts on
the tourism industry. Furthermore, the paper will discuss its future implications while
examining its importance in the years to come.

Share Economy 2
Contents
‘A SHARE ECONOMY’.....................................................................................................................3
INTRODUCTION...........................................................................................................................3
THE ‘SHARED ECONOMY’........................................................................................................3
FUTURE IMPLICATIONS OF ‘A SHARE ECONOMY’..........................................................4
CONCLUSION....................................................................................................................................4
REFERENCE......................................................................................................................................6