Does Airbnb have a competitive advantage relative to other firms similar to itself?
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Further, the findings suggest that Airbnb hosts earn a significant premium by converting long-term housing in accessible residential neighbourhoods into de facto Airbnb hotels. | |
9 Citations | These conclusions provide useful guidance on how the Airbnb and hotel can take advantage of the competitive market. |
15 Mar 2016 396 Citations | Airbnb is a challenging innovation to which traditional hospitality will have to respond. |
142 Citations | This study also contributes to Airbnb marketers in fulfilling users’ expectations about the company.,This research contributes to the hospitality literature by expanding the realm of research on Airbnb, which is a unique company applying the sharing economy concept in the lodging industry. |
20 Citations | These findings have implications for Airbnb hosts and the sharing economy. |
131 Citations | The findings extend extant literature in sharing economy and provide practical implications for Airbnb website developers and Airbnb hosts to increase customers’ intentions to choose Airbnb again as an accommodation option. |
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Airbnb has had a significant impact on the sharing economy. It has led to the emergence of peer-to-peer accommodation providers, reshaping traditional business models and influencing tourist flows. The platform has also sparked debates on its socio-cultural, economic, and environmental impacts, with implications for various scales of tourism, from international networks to individual neighborhoods. Additionally, Airbnb has faced increasing regulations in many cities, affecting the size and structure of the short-term rental market. These regulations aim to address concerns about commercial short-term renting and its effects on the housing supply and affordability. Despite the regulations, some commercial hosts continue to operate, and the impact on long-term residential housing markets appears to be minor.
Step 3: Answer with citation
Airbnb has had a significant impact on the sharing economy. It has led to the emergence of peer-to-peer accommodation providers, reshaping traditional business models and influencing tourist flows. The platform has also sparked debates on its socio-cultural, economic, and environmental impacts, with implications for various scales of tourism, from international networks to individual neighborhoods. Additionally, Airbnb has faced increasing regulations in many cities, affecting the size and structure of the short-term rental market. These regulations aim to address concerns about commercial short-term renting and its effects on the housing supply and affordability. Despite the regulations, some commercial hosts continue to operate, and the impact on long-term residential housing markets appears to be minor.
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