Popularity of sharing economy in travel has tripled within last two years

Services like Uber, Lyft and Airbnb are becoming increasingly popular for travel in the US.

About half of American travellers will use services like Airbnb, Uber and Lyft this summer, signaling a rise in consumer confidence in the sharing economy.

According to the newly released Allianz Travel Insurance Sharing Economy Index, the popularity of the sharing economy has tripled within two years.