Before the bitter chill blew across the UK, I was fortunate enough to stay at a Cheval Residences location in Kensington, where I spoke to the luxury travel firm’s boss.
A mere decade ago, the world was very different. In ten years this world has undergone transformations, particularly by the impact technological change has had on communications, politics and business.
Described as the “Airbnb for left luggage”, CityStasher services a major travel need, enabling tourists to store their bags with local shops and hotels, effectively driving high street footfall.
By 2025, total transactions in the UK sharing economy could peak at £140bn, an increase from £13bn in 2016.
Sizeable economic and social changes are understandably met with scepticism, often resistance, and sometimes even hostility. But should we be scared of the sharing economy? Or, should we continue to welcome it with cautious optimism?
At the beginning of July, an Airbnb host cancelled a booking made by a guest, telling her: “One word says it all. Asian.” The platform’s response, Siegel+Gale associate strategist Toby Marks unveiled to Real Business, is one to be praised.
New figures have revealed the UK is embracing the sharing economy, with Airbnb bookings made by SMEs outstripping those of neighbouring nations.
Entrepreneurs starting out 2017 with ambitious thoughts might want to think about having a crack at the US market, which is more accessible than ever for business travellers – as Real Business discovered.
In one of his last keynote speeches before his retirement, John Chambers, Cisco’s CEO of 20 years, predicted over a third of firms today will be dead in ten years, stating “the only ones that will survive will be digital companies, and many will fail trying to emulate such firms.”
Real Business is at the Internet Retailing Conference where we’ve heard how the leaders at Airbnb, Halfords and Urban Outfitters are using the digital world to meet the demands of consumers in the real world.