Peer-to-Peer Living Solutions & The Sharing Economy
The sharing economy, led by such companies as Airbnb, Uber, eBay, and even to a large extent Amazon, is an economic model that uses a peer-to-peer (P2P) method of acquiring, providing, or sharing access to goods and services by and between individuals. Transactions between users are facilitated by a community-based online platform. The key to success in the sharing economy is all about connecting “those who need the thing” to “those who have the thing” in an easy and convenient manner.
The Airbnb solution is designed primarily for short-term travelers and not extended stays. Apartments were the solution in the past for non-homeowners, but many Millennials neither have credit nor are prepared to commit to one-year leases. Home sharing is also a rapidly growing sector and supply is being outstripped by demand even for travelers.
Nuurez is taking this concept of home-sharing and temporary home rentals a step further. The company is now purchasing and leasing a series of unique properties in prime Airbnb and other territories that are highly attractive to both travelers and Millennials. These properties include small garden apartments, multi-family homes and motels which Nuurez will modernize. The company is targeting travel-friendly states like Florida along with other Gulf states such as Texas, Mississippi (Casinos) and Alabama.