5 Charts Showing Rise of Sharing Economy With Asia-Pacific Travelers


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While short-term rentals and ride-sharing are becoming more used and accepted by Asia-Pacific travelers, the survey points out that many of these travelers are also highly brand-sensitive as they want to experience iconic hotel brands when they travel abroad.
The Asia-Pacific region, and particularly Southeast Asia, is the world's fastest growing tourism region. Nearly one-third of travelers from the region used alternative accommodations and ride-sharing services during their international trips last year. That's according to the Pacific Asia Travel Association, which worked with tourism research agency TCI Research on a survey to quantify the popularity of alternative accommodations and ride-sharing among Asia-Pacific travelers. These 279 million international travelers -- nearly half of them from China -- account for more than one-fifth of global international tourist arrivals. According to the survey, 21 percent of them stayed in a shared accommodation and 14 percent used a ride-sharing service while trav