GEAB 117

Peer-to-peer economy 0 – Traditional Economy 1

In this GEAB bulletin the article dealing with the Airbnb and similar businesses shows that the “traditional” economy has not yet said its last word, although the peer-to-peer economy as a whole has a very bright future. A few years ago or even recently it was particularly wise to invest in companies such as Airbnb or Leboncoin, but now we hope to have shown that it is not enough to extend the growth curves to forecast future profits out of these companies, including in the near future (like two or three years ahead). Although this choice may prove to be less profitable in the end, our experts believe that it is now less risky and wiser to invest in the “traditional” economy (we mentioned Booking.com in the article, for example), the time to observe if the above-mentioned business know how to painlessly transform themselves in order to pass the knee-point (or even the u-turn) they will have to face. In spite of appearances, note that the “traditional” hotel industry can still offer great opportunities.