gig economy hospitality industry
https://www.bu.edu/bhr/files/2018/10/Airbnb-and-the-Hotel-Industry-The-Past-Present-and-Future-of-Sales-Marketing-Branding-and-Revenue-Management.pdf
The sharing economy is nowadays disrupting the hotel industry. Airbnb is one of the best examples of such an issue. In order to find approaches for hotels to
20 déc. 2017 The sharing economy has opened doors to many business ideas within the hospitality industry but at the same time disrupted longstanding ...
and traditional hotels in Belize by quantifying the impact of Airbnb listings on transformed the hospitality industry through its innovative approach to ...
18 nov. 2016 Estimating the Impact of Airbnb on the Hotel Industry? ... and hospitality industry as RevPAR (revenue per available room) which is the ...
18 nov. 2016 Estimating the Impact of Airbnb on the Hotel Industry? ... and hospitality industry as RevPAR (revenue per available room) which is the ...
Specifically Airbnb might negatively affect the hotel industry if visitors were to shift their demand from hotels to Airbnb accommodations. However
The rise of peer-to-peer accommodation platforms in the tourism and hospitality industry has created an interesting and growing debate around the threats of
11 déc. 2015 If Airbnb were to have a significant impact on the earnings of the traditional lodging industry and thus cause many hotels to go out of ...
Airbnb hosts and STR (a company that tracks supply and demand for the hotel industry) The authors analyze the data on average prices and rooms by city particular day and accommodation type from 2011 to 2014 They limit their analysis to the 50 U S cities with the largest hotel room inventory
Airbnb’s disruption of the hotel industry is significant both existentially and economically A recent study by Dogru Mody and Suess (2018) found that a 1 growth in Airbnb supply across 10 key hotel markets in the U S between 2008 and 2017 caused hotel RevPAR to decease 0 02 across all segments
In conducting this research, we estimated a series of mixed models on data collected from 101 hotels in San Francisco neighborhoods. Our sample totaled 1,111 observations. In this analysis, we measured the trend of change in hotel sales performance as Airbnb developed its supply in the city. STR, anonymized data for the 101 hotels for the period De...
Our analyses revealed that: 1. Total Airbnb volume does not impact RevPar. Total Airbnb listings (i.e., total inventory) do not impact the growth trajectory of hotel RevPAR, which confirms the argument that Airbnb’s offering a supplementary service. These results are also consistent with a 2017 report on the Airbnb effect in Boston, and with anSTR ...
This article shows that Airbnb has had a positive effect on consumers and Airbnb hosts, both of which are part of the hotel industry. Hotel revenues would be 1.5 percent higher without the presence of Airbnb although between 42 and 63 percent of these would not have resulted in hotel bookings if Airbnb were not available.
While a lot claim that the hotel industry might soon be in a state of shock due to Airbnb while a lot believe that this is only going to strengthen the hotel industry. One thing is for sure that Airbnb is disrupting the hospitality market in a big way. It has been one of the most exciting startups recently.
Airbnb still isn't a big threat to standard hotels. And given the hotel industry's optimistic future, now is a good time to invest in hotel stocks.