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Sharing Economy, Booking.com - Coggle Diagram

- - - - Airbnb
        
        STR
        
        local cultural experience
      - RevPar reaches balance
        
        direct impact on hotel industry❌
    - - Uber
        
        Lyft
        
        Higher prices, lower chances of sharing rides
        
        Suitable for travelers with higher facilities needs
        
        rideshare
        
        Low prices and high chances of sharing rides
        
        Suitable for backpackers
      - Impact taxi or public transport?
        
        Impact on tourism
        
        Sharing Economy
        
        More ways to travel
  - - - Explore local resources
        
        ecotourism
    - - labour intensive industry
        
        Increase job opportunities
    - - promote world peace
      - Mental health improvement
    - - More than one-tenth of global GDP will come from tourism
        
        T&T
        
        mutual benefit
        
        Potential for profitable development