2017
DOI: 10.1016/j.annals.2017.05.013
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Substitutable by peer-to-peer accommodation networks?

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Cited by 68 publications
(42 citation statements)
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“…While claiming distinctive qualities of Airbnb type of supply, Zervas et al (2016) find a partial substitution effect, which in the case of holiday-travel-focused lower-end hotels in Texas allows associating an increase in Airbnb listings with a decrease in hotel room revenues. The higher probability of substitution with low-end accommodation types is confirmed by visitor statements in other destinations Hajibaba & Dolnicar, 2017;Koh & King, 2017). Similarly, interviews with accommodation providers suggest that major providers are less worried than small and mid-sized ones (Varma et al, 2016).…”
Section: Airbnb As a New Phenomenon In The Tourism Industrymentioning
confidence: 82%
See 1 more Smart Citation
“…While claiming distinctive qualities of Airbnb type of supply, Zervas et al (2016) find a partial substitution effect, which in the case of holiday-travel-focused lower-end hotels in Texas allows associating an increase in Airbnb listings with a decrease in hotel room revenues. The higher probability of substitution with low-end accommodation types is confirmed by visitor statements in other destinations Hajibaba & Dolnicar, 2017;Koh & King, 2017). Similarly, interviews with accommodation providers suggest that major providers are less worried than small and mid-sized ones (Varma et al, 2016).…”
Section: Airbnb As a New Phenomenon In The Tourism Industrymentioning
confidence: 82%
“…As for other sectors of non-traditional accommodation provision, several authors see the appeal of Airbnb especially in the possibility to save costs compared to other accommodation types (Guttentag, 2015;Möhlmann, 2015;Pizam, 2014), and thus see Airbnb in direct competition with budget accommodation providers (Hajibaba & Dolnicar, 2017;Zervas et al, 2016). Indeed, previous studies note that the average rate of Airbnb-delivered accommodations tend to be lower than the rate of comparable accommodations in traditional accommodation sectors (Guttentag, 2015) and point to economic savings as being the primary motivation of using Airbnb .…”
Section: Spending Behaviourmentioning
confidence: 99%
“…Studies that profile Airbnb customers report that they are more likely to be early adopters, extraverted, interested in local culture and sights. They are also likely to spend more time planning holidays than people who stay in hotels (Hajibaba and Dolnicar, 2017). Yet two-thirds of Airbnb users rented an Airbnb unit as a hotel substitute, not only at the lower end but also substituting a mid-range or upscale hotel with an entire home rental on Airbnb .…”
Section: H2 Average Prices Of Airbnb Rentals Are Positively Associatementioning
confidence: 99%
“…For example, Zervas et al [61] found that Airbnb's network of listings has a greater impact on lower-end hotels, independent hotels and hotels that did not cater to business travelers. Hajibaba and Dolnicar [20] confirmed that most affected by growth of the Airbnb network will be lower-end hotels while a newer study by Guttentag & Smith [17] found that Airbnb substituted mixed-scale hotels to a larger degree. Other studies have shown that the impact of Airbnb listings on hotel revenues is more visible in the big cities and in areas where Airbnb listings have positive reviews [6], [25].…”
Section: Relationship Between Airbnb and Hotelsmentioning
confidence: 97%