Sharing Economy: Opportunities and Challenges

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AALBORG AARHUS AMSTERDAM ANTWERP ATHENS BARCELONA BELFAST BELGRADE BERGEN BERLIN BERN BIARRITZ BILBAO BOLZANO BORDEAUX BRATISLAVA BRUGES BRUSSELS BUDAPEST BURSA CATALUNYA TOURISM COLOGNE COPENHAGEN DARMSTADT DIJON DRESDEN DUBLIN DUBROVNIK EDINBURGH ESPOO FLORENCE GDAŃSK GENEVA GENOA GERMAN NATIONAL TOURIST BOARD GHENT GIJÓN GIRONA GOTHENBURG GRAZ HAMBURG HEIDELBERG HELSINKI INNSBRUCK ISTANBUL KAUNAS KRAKOW LAUSANNE LEUVEN LINZ LISBON LJUBLJANA LLORET DE MAR LONDON LUCERNE LUXEMBOURG LVIV LYON MADEIRA MADRID MALMÖ MALTA MARSEILLE MECHELEN MONACO MONTREUX MOSCOW MUNICH NETHERLANDS BOARD OF TOURISM & CONVENTIONS NICE NUREMBERG OPATIJA OSLO PARIS PORTO POZNAŃ PRAGUE REIMS REYKJAVÍK RIJEKA SALZBURG SAN SEBASTIAN SEVILLE SKOPJE ST. PETERSBURG STOCKHOLM STUTTGART SWISS CITIES TALLINN TEL AVIV THE HAGUE THESSALONIKI TIMISOARA TOULOUSE TURIN TURKU UPPSALA UTRECHT VALENCIA VIENNA VILNIUS ZAGREB ZARAGOZA ZURICH Sharing Economy: Opportunities and Challenges Ignasi de Delàs. President European Cities Marketing WTCF Chongqing Fragrant Hills Tourism Summit 2016

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ECM Seminar on the Sharing Economy Madeira, June 8-11, 2016 Date to share: how the sharing economy affects your city 118 participants 26 speakers 100% overall satisfaction on the seminar content

The Sharing Economy What is it? The sharing economy promotes access over ownership. It used to be more about swapping, borrowing, exchanging and sharing but now it tends to be more about renting. The sharing economy is an economic model based on sharing underutilized assets from spaces to skills to stuff for monetary or non-monetary benefits

The Sharing Economy A few facts The fastest growing segment in tourism Estimated to represent 50% of all travellers by 2025 Expected to equal traditional rental economy s revenue growth by 2025 65% of business travellers would use it for business purposes

The Sharing Economy: Opportunities and challenges The big question for our city management organisations is not whether to be pro or con the sharing economy. It s how destinations can actively interact with, simply because this phenomenon is here to stay.

The Sharing Economy: some elements for discussion and definition of a road map 1 2 3 4 Have a positive attitude Tourist Intelligence Regulation and fair Competition New Marketing challenges for DMOs

The Sharing Economy: some elements for discussion and definition of a road map 1 2 3 4 Have a positive attitude Tourist Intelligence Regulation and fair Competition New Marketing challenges for DMOs

The Sharing Economy: some elements for discussion and definition of a road map 1 2 3 4 Have a positive attitude Tourist Intelligence Regulation and fair Competition New Marketing challenges for DMOs

The Sharing Economy: some elements for discussion and definition of a road map 1 2 3 4 Have a positive attitude Tourist Intelligence Regulation and fair Competition New Marketing challenges for DMOs

The Sharing Economy What do we want as destinations? - Challenge and OPPORTUNITY - Sustainability conditions: - Transparency - Taxation - Cooperation between governments and sharing economy platforms - Key players must adapt their business to legal framework of the cities / regions / countries - Consumer protection - Safety, insurance, - Quality service

Thanks for your attention! European Cities Marketing ECM @europeancities Group: European Cities Marketing European cities Channel: europeancitiesmktg