3.1. General impact of Airbnb supply on hotel performance (H1) The first column in Table 2 show a consistently negative and statistically significant overall impact of Airbnb supply on hotel RevPAR across Barcelona, London, and Paris. This effect holds for both 'hotel-comparable' (Panel A) ...
Airbnb's positive effect on employment extends to subsectors of the hospitality industry, such as hotel and restaurant. • We utilize induced demand and joint demand to explain Airbnb's impact on employment. • The results are robust to alternative empirical specifications, various control varia...
Airbnb is offering a new service for individuals and families which is not comparable to hotel rooms and are cheaper lodging in general,’ said Maack. Sloterdijk on the contrary sees the effect of Airbnb on hotel chains is a negative one. ‘This is especially the case on “compression ...
The Disruptive Effect of Technological Innovation in the Tourist Accommodation Industry of four categories of positive impacts and four categories of negative impacts, all linked to disruptive technological innovation in the tourism sector. The... EP González,JMM Martín,JMG Martínez,... - 《Internat...
The economic effect has made Airbnb disruptive for the traditional hotel industry. In the next sections we will analyse the future impact of Airbnb on hotels, on tourism and on destinations. Literature review Business model The spectacular growth of Airbnb and similar initiatives is still too rec...
Airbnb now faces many critics as the company quickly grew, offering hundreds of thousands of stays around the globe, but not without a handful of negative experiences. Now, planners and policymakers are beginning to see the effects of the abundance of Airbnb listings and how it impacts a ...
"Miami Beach, up to this point in time, has just not had a serious desire to really want to engage on this, because at the end of the day, as the information that has come out reveals, they're effectively working hand in glove with the hotel industry, which is incredibly powerful....
Our findings of a larger negative effect of the sales tax policy on Airbnb listings that offer a private room may reflect the nature of these listings in Taiwan. In general, Airbnb hosts that offer a private room, such as a rental suite, are less likely to apply and receive a legal li...
Anetworkeffect is a phenomenon in which as more people or users join a platform, the more thevalueof the service offered by theplatformimproves for those joining afterward. Negative Network Effects In a negativenetworkeffect as thenetworkgrows in usage orscale, thevalueof theplatformmight shrink....
One main reason why individuals rent an Airbnb property is that it's more cost-effective than staying at a hotel. Pricing the listing reasonably can also increase the likelihood of guests posting a good review, which in turn creates a multiplier effect that's crucial to running a successful ...