Sharing Economy and Travel Industry

Travel and tourism is one of the largest and fastest growing global service industries.

The growth in travel expenditure was driven by changing lifestyles and higher disposable incomes. The Sharing Economy is a socio-economic ecosystem based on sharing human, physical and intellectual resources. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations.

Travelomatix is an award winning travel technology platform, enabling the travel agencies, tour operators and holiday companies to leverage the key benefits of OTA platform. Travelomatix as a brand, is identified by improved ROI for customers while leveraging using the "travelomatix technology" and superb client servicing, leading to customer retention and customer base expansion.

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The development of the internet and, as a consequence, the creation of online platforms
has made sharing easier than ever.Sharing Economy provides easy access to a wide range of services that are of higher quality and more affordable than those provided by traditional business counterparts.

Sharing economy is re-connecting modern humanity, providing income to those without jobs (even in developing countries), and is changing the face of travel as we know it. Also known as the collaborative economy, the sharing economy emerges from the idea that people can save and/or earn money by renting, lending, selling, or exchanging unused or underused items/services.