Shared Economy Services May Be Losing Their Popularity
Richard D’Ambrosio, TMR
American travelers’ intentions to use shared economy services may be waning after a steady rise in popularity the last three years, according to two recent surveys.
In the company’s fourth annual Sharing Economy Index, Allianz Global Assistance reported 53 percent of respondents said they are either “not very likely” or “not at all likely” to use sharing economy services during their 2018 summer travels, up from 50 percent in 2017. In 2016, 64 percent of respondents said they were not likely to use shared economy services like Airbnb, Lyft, Uber and VRBO.