WASHINGTON, DC—In recent years, the "shared" economy has moved from the economic fringes to the mainstream. The concept resonates with consumers for various reasons but it is worth exploring why it makes sense from a business perspective. The answer is space arbitrage. Space arbitrage enables a business to capitalize on the potential to offer physical space for new alternative revenues without assuming lease risk.
"Space arbitrage offers marketplaces for connecting under-utilized space to tenants/renters to help landlords manage their properties with greater flexibility," explains Jason Fudin, CEO and co-founder of WhyHotel.
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