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The Coronavirus’ Effect on the Sharing & Gig Economy, Business and Industry Trends Analysis

As with many business sectors, the Coronavirus had a profound effect on the sharing and gig economy, both negative and positive. On the negative side, early shelter-at-home mandates devastated on-demand ride services such as Uber and Lyft, as well as shared workspaces. On the positive side, online ordering and home delivery for groceries as well as prepared meal services skyrocketed.

While the early months of the Coronavirus saw plummeting demand for travel and for accommodations, short-term home rental sites such as Vrbo soon found booming business among travelers who wanted to avoid hotels once the shelter-at-home restrictions were relaxed. Travelers were often booking properties close to home and traveling with family members rather than friends.

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Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

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