Sharing Economy Set to Soar: What It Means for Tech

The transcript discusses the growth of the market influenced by factors like regulation and consumer behavior. It examines the impact of shared accommodations on traditional hotel chains and the competition between established travel companies and startups like Airbnb. The regulatory challenges faced by disruptive companies are highlighted, emphasizing the importance of innovation. The discussion concludes with the significance of profitability over market share for long-term success.

What is the significance of consumer adoption in the growth of travel services?

How does market share relate to profitability in the context of travel companies?