Surviving the Sharing Economy Trend: Strategic Moves for the Hospitality Industry

The rise of the sharing economy in the hospitality sector is reshaping the global travel industry, with the Middle East being no exception. The peer-to-peer exchange of accommodations and travel experiences through platforms like Airbnb and Dubizzle presents both challenges and opportunities for traditional hospitality players. This article explores the key trends driving the growth of the sharing economy, its impact on the hospitality industry, and strategic ways for industry players to adapt and benefit.