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Mass Migration and Sharing Economy

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Submitted By minhchau94
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Mass migration to Europe and its positive and negative implications –
Sharing economy

Introduction
The hotel industry has been strongly growing recently, overcame many events to make us believe that they will not stop adapting to the new environments. Practicing economics activities helps the industry to explain the change of the environment and plan the solutions in the most efficient way. In this report, I will state two of the most recent events which are the mass migration to Europe and also with the term sharing economy, together with its impacts to the hotel industry under economic perspective.

Development
Mass migration to Europe and its positive and negative implications
Migration means the movement of people from one place to another place, temporary or permanent, volunteered or forced, internal or international (eschooltoday, 2014). People move for different reasons: move to work in another country, move for a better of life, escape from natural disasters or human wars, etc. 2015 was an alarming and distressing year to the world because of many wars and terrorism events happened. It has set a record for migration stage into Europe by different routes. Only talking about refugees, there were more than 1 million migrants have arrived in Europe (e.g. Germany, Austria, Sweden, Italy,
UK and more) by sea and almost 35000 by land, mostly they are from the countries suffering from wars such as Syria, Afghanistan, Iraq, etc. formed a mass migration into Europe and it does not include the refugees who were detected illegally (bbc, 2016). The EU has already spent 80 million US dollar for emergency funding with another 100 million upcoming.
Christos Stylianides – an European commissioner for humanitarian aid – announced that 700 million euros would be spent to help refugees until 2018 (Rankin, 2016).

Positive Implications
In

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