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Uber and Airbnb: HOW THE 'SHARING ECONOMY' IS TRANSFORMIMG TRAVEL

THE TECH-INSPIRED TRANSFORMATION OF AN INDUSTRY

These days, when you want to quickly travel from one place to another but lack your own car, there’s a good chance that you opt not to hail a yellow taxicab, but instead to call upon the services of a regular driver through the Uber app on your iPhone. Similarly, when perusing accommodation options for your next getaway, you might do so through your device’s Airbnb app, which gives you the option of booking a stay in someone’s home rather than a traditional hotel.

However, why are services like Uber and Airbnb proving so successful in upending the taxi and hotel industries respectively? On that whole subject,

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