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Airbnb, Uber causing a seismic shift in business travel

from By Suzanne Mason

From paper maps to electronic GPS, from phone reservations to mobile apps, travel has evolved in more ways than one. The biggest change in recent years has been the rapid rise of the sharing economy and how it is changing the way we travel for business. U.S. business travel spending is projected to top $310 billion this year. This comes after a record-spending year of $292 billion in 2014 — even in the face of external issues in foreign economies in Europe, Russia and Asia. Sharing economy companies such as Airbnb and Uber are taking advantage of the increase in business travelers. more

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