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How The Sharing Economy Is Changing The Travelling Game

Posted on October 31, 2019

How The Sharing Economy Is Changing The Travelling Game

When travelling, most of the time you’re not travelling by yourself. You’ve planned a trip with friends, family, or with your significant other. Of course everyone needs to experience solo travelling, but it’s a really big trend right now to share the travelling costs.

Sharing economy is the new way to travel, and it’s for a great reason. If you’re looking to save money but also get the biggest bang for your buck, then sharing economy is the way to go. Not sure what sharing economy is? Keep reading.

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Sharing economy can be defined as a way to travel through services that charge a fee to get you to point A to point B, or your home away from home. Most of these can be found on the internet as well as apps on your phone. It’s a great way to travel while saving money and getting exactly where you need to be.

Sharing economy has been on the rise the past few years, and there are a ton of brands in Canada that are known for their successful sharing businesses. A few of them are:

  • Uber
  • Airbnb
  • Lyft
  • FlipKey

And of course, RVezy. All of these are services that are there to help you while travelling and to make it super easy on you. While of course hotels and renting cars are still popular, millennials are obsessed with travelling and also saving money. When they find something they can save on while still feeling at home, it’s a win win.

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From 2015 to 2016, Canadians spent a total of $1.3 billion on sharing economy in Canada and abroad. According to Statistics Canada, 2.7 million (9.5%) of people over 18 in Canada use sharing economy, and it’s definitely gone up since 2016. In case we need any more proof that millennials are loving this trend, 25-34 year olds were the highest ranked for using the platforms at 14.6%.

Just in Canada alone, Canadians spent $241 million dollars on peer-to-peer services, which is another term for ride sharing. That means the average Canadian is spending around $122 on this per year. However, Canadians spent $1.1 billion dollars on private accommodation in and outside of Canada. That means each Canadian spent around $890, with $307 of that being in Canada.

Renting or listing your home or RV is more popular than ever, and it can be beneficial for everyone involved. As you can see from the stats above, Canadian’s love staycations in their own country. It’s so easy to see the beauty of your own country using sharing economy, and RVezy is one of those options that will give you an unforgettable experience.

Whether you’re listing or renting your RV, this way of sharing economy works for everyone. Renting out your RV to others gives them an experience that you can understand, and it helps you make money if you’re busy working, can’t take a vacation, or whatever your reason may be.

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RVezy is the easiest way to rent out your RV to others, and it’s all done through the internet. Sharing economy is set to grow at least by 20% much by 2021, and why not be a part of that growing business now? Sharing economy is the way of the future, and millennials are the future.

Millennials are renting RVs now more than ever, and the RV sales have actually gone up 70% in 2017. We’re all looking for different experiences, and renting an RV for a weekend, week, or month is a such different experience that everyone should have.

Owning an RV and renting it out to others sounds like a tough job, but you can list it right here on RVezy. If you’re looking to rent an RV, you can also do that right here on our website. Sharing economy is a growing trend that has no plans of stopping anytime soon. Whether you’re looking to contribute to the sharing economy or rent from it, RVezy can provide you with both options.

Courtney Lundy
Courtney Lundy

Courtney Lundy is a content contributor at RVezy. She's worked as a copywriter and editor and is passionate about the creative side of content design and marketing.

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