• About ITM
    • Membership Breakdown
    • ITM Board of Directors
    • Industry Partners
    • Working Parties
  • About ITM
    • Membership Breakdown
    • ITM Board of Directors
    • Industry Partners
    • Working Parties
    • Latest News
    • Blog
  • Membership
    • Buyer Membership
    • Supplier Membership
    • Industry Practitioner Membership
    • Code of Conduct
    • Member FAQ’s
  • Membership
    • Buyer Membership
    • Supplier Membership
    • Industry Practitioner Membership
    • Code of Conduct
    • Member FAQ’s
  • Directory
    • Membership Directory
    • Supplier Directory
  • Directory
    • Membership Directory
    • Supplier Directory
  • Resources
  • Events
  • ITM On Demand
  • Trending
    • Latest News
    • Blog
    • Industry Affairs Committee
  • Trending
    • Latest News
    • Blog
    • Industry Affairs Committee
  • Jobs
  • Contact
    • Sponsorship
  • Contact
    • Sponsorship
  • View Cart (0)
  • Join ITM
  • Member Login

This website uses cookies

Cookies remember you so we can give you a better service online. By using this website or closing this message, you are agreeing to our Cookies notice.

Close
Home / About ITM / Industry Affairs Committee List / Industry Affairs Committee Detail

GIG Economy

05 Nov 2019

The Gig economy is a broad term for the online freelance workforce that has gown significantly over recent years.

“The gig economy is rewriting the way people live and work, making travel an integrated part of their lifestyle. And tectonic power shifts from West to East are remapping the centres of influence and the world's mobility. These are some of the megatrends outlined in a new report from the World Travel and Tourism Council called "World, Transformed: Megatrends and their implications for Travel & Tourism." 

The Gig economy has revolutionised nearly all aspects of our lives – it has changed how we eat, how we travel and how we buy. Uber and Lyft’s disruption of the taxi industry being an obvious example. In addition online marketplaces such as AirBNB often fall under the wider scope of the gig economy. Similarly the changes in the car rental industry with the introduction of companies such as Zipcar which allow hourly rentals radically changes how we think about booking trips.

With an estimated 25% of US and EU classified as independent workers, lifestyles are becoming less tethered to office desks in a 9-5 environment. This can bring challenges and drawbacks for GIG workers who may not have the comfort of a sustainable contract and similarly it can have drawbacks for the companies concerned with lack of consistency of the workforce. What is certain is that GIG technology is driving change and the GIG economy rests on the principles of accessibility, proximity and affordability. 


Advertisement
ITM

Contact Us

e: secretariat@itm.org.uk | t: + 44 (0)1494 618497
ITM | St Mary's Court | The Broadway | Amersham | Bucks | HP7 0UT

©ITM 2021 Privacy policy | Refund policy | Cookies | Site Map | Terms & Conditions


The email or password you entered is incorrect.

OR
Not a member? Join Now - Forgot Password

Your profile is not 100% completed.

Please make sure your profile is up to date and complete so that we can keep in touch and provide you with content and resources that best meet your objectives. The information in your profile will not be shared with any third parties and privacy settings are within your control at all times. COMPLETE PROFILE SKIP

Forgot Password

Enter your email address and we will send you an email to reset your password.

{{ResetPassword.ResultMessage}}

Alert

Check your entered data.

Please Confirm

Are you sure?