Why will booking holding win the race of the collaborative economy
Companies like Uber and Airbnb have neither a decade of life but are already worth tens of billions of dollars. Booking Holding remains still an advantage with a market capitalization of $ 100,000 million, but some areas of its business has been affected by the collaborative economy certainly. E.g. reservations for car rental on the web of the Rentalcars.com group have been decreasing percentages of single-digit growth in the last two quarters. Meanwhile Ã¼ber and other vehicles shared travel services have continued to rise around the world, changing the way in which people move. The idea is to become principal Planner for all the holidays, something that fits with the breadth of its offering a Booking. However, Booking has also been impacted positively by collaborative economics. Its largest brand, Booking.com, today announced that it has exceeded five million houses, apartments and other “unique places in which to spend the night” on its website. It is well ahead of the four million property accounted on Airbnb in its latest report, and contributes to the number of rooms reserved in the Booking has increased 21% in 2017. Why earn Booking Booking Holding is a great company, but continues to grow to double digit. It is the global leader in tourism and accommodation and has taken steps to take advantage of the collaborative economy and maintain its leadership. It also has a history of adding successfully to its platform related services such as reservations for restaurants management, and he is experimenting with reserves of experiences in destination such as tours and visits to museums, similar to the product that launched the past Airbnb year, as it published news HOSTELTUR tourism in ’ Airbnb wants more: aspires to be “a platform for the entire trip” ’. The idea of managers is to become principal Planner for all the holidays, something that fits with the breadth of its offering a Booking. Booking Holding has wasted no time to take advantage of the changing preferences of the consumer. Disruptive competitors are growing in size but as more travelers use technology to share assets with other users and experience new sensations, the company is well positioned to capture this business also. More information on ’ Airbnb vs. Booking: who the cat will take to the water ’. Reference information is available on the website of The Motley Fool..