Millennials choose to share, divvy costs


Flat screen TVs, bikes and mopeds are items that many college students may consider essential, but they may not fall in a typical college student’s price range.

And businesses haven’t shied away from the challenge of finding a way for young consumers to share the costs of or share the possessions they already own.

Driven by the emergence of a sharing economy and the idea of collaborative consumption, businesses like ride- and product-sharing apps are sprouting up across the nation. This industry targets tech-savvy urban millennials and cash-strapped college students who business owners say take advantage of the services to consume less and save money. Read More

By: Christopher Aadland

Published in: Minnesota Daily

 

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About hospitalitytechnology

Technology is making greater and greater inroads into our lives. Right from when we wake up in the morning to when we head to sleep – we cannot imagine a life without the gadgets and gizmos that make life easy and interesting. When we travel and stay in hotels, our expectations are no different. We expect all the technological amenities we easily access at home if not more. The hospitality industry in increasingly accessing technology to wow guests, optimize their use of manpower, control hotel functions in an integrated manner and on the whole reduce costs while increasing efficiency. This blog is meant to track these technological changes happening in the hospitality sector. The growing move towards sophisticated hotel ERP, the growing use of cloud computing, the rapidly changing customer facing devices – smart phones and iPads, the increasing security concerns and more. Expect to find interesting articles, whitepapers, thoughts, and observations. Feel free to comment and even mail us content that you don’t mind posted here. Happy reading!
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