RESOURCES
RESOURCES: PAPERS & PRESENTATIONS
| Author : | Stephen Wearing & Kevin Lyons |
|---|---|
| School/Work Place : | University of Technology Sydney, Australia |
| Contact : | stephen.wearing@uts.edu.au |
| Year : | 2016 |
One
of the biggest challenges facing the tourism industry and policy makers is the
emerging and fast growing ‘sharing economy’. Keeping abreast of this,
disruptive but potentially transformative phenomenon has been challenging for
industry, governments and researchers alike. The ‘sharing economy’ describes
a new economic paradigm driven by technology, consumer awareness and social
commerce – particularly through web communities, and can be thought of as
sharing, lending, renting and swapping redefined through digital technology and
peer communities. Intense debates around the impacts of the sharing economy on
the tourism industry converge around issues such as consumer welfare, economic
development, equitable competition, and innovation and change. Much of this
conjecture coalesces around the relative merits and impacts of a raft of
potential regulatory measures that might be applied to businesses operating in
the sharing economy.
