Bicycles are becoming more and more common for hotels to rent out. This is a very good thing, because it promotes all sorts of different economic activities. First of all, they benefit the hotels and users of the bikes. The customers at the hotels who rent or provide free bike rentals have a greater utility from the hotel, and therefore, choose to stay at that hotel more often. the hotel benefits from the business, creating more GDP for the country in which it is located. Also, the use of bicycles promotes international trade in two ways: tourism and the market for bicycles. Where tourists flock, the demand for the local currency increases. And countries that produce bicycles can specialize and trade in order to benefit the most from trade. Just to think that one revolutionary idea creates so much economic growth. Imagine what other exciting possibilities there are in other additions to hotel services.
-Adam
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