期刊
INTERNATIONAL JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT
卷 31, 期 12, 页码 4419-4437出版社
EMERALD GROUP PUBLISHING LTD
DOI: 10.1108/IJCHM-01-2019-0090
关键词
Terrorism; Airbnb; Political uncertainty; D81; L11; L83
Purpose The purpose of this paper is to assess the impact of sociopolitical instability on the peer-to-peer market for tourist accommodation. Design/methodology/approach The author studies for the case of Barcelona the impacts of the events occurring in the past months of 2017, which consisted of a terrorist attack and the calling for a referendum on the independence of Catalonia, by fitting a fixed effects regression model to a data panel of Airbnb listings, using New York and Paris as a control group. Findings The results show that, after controlling for individual and time effects, listing reviews and revenues fall in the last quarter of 2017 and do not recover until the second quarter of the next year, in spite of a notable effort to decrease prices in the same period. They also indicate that peer-to-peer hosts react fast to demand shocks and as those from traditional markets. Originality/value This is the first study to evaluate the impact of terrorism or political uncertainty in the peer-to-peer market and the first to evaluate their combined effect in any market.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据