The Rise of the Sharing Economy: Estimating the Impact of Airbnb on the Hotel Industry

By Georgios Zervas, Davide Proserpio, John W. Byers. 2017

2,237 citations recorded by the source corpus.

Subfields: Automotive Engineering, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/43280de8ee2f18a5c29863a74d73fcf4f5c570d4

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Automotive Engineering

1. Ulrich Gunter
2. Cristiano Codagnone
3. Bertin Martens
4. C. Michael Hall
5. Daniel A. Guttentag
6. Koen Frenken
7. T. Dogru
8. Cindy Yoonjoung Heo

In Marketing

1. M. Mody
2. Ulrich Gunter
3. Cristiano Codagnone
4. G. Viglia
5. Courtney Suess
6. Maria Ek Styvén
7. Marcello M. Mariani
8. Holger Roschk

In Strategy and Management

1. Terry A. Taylor
2. Lin Tian
3. T. Dogru
4. Ulrich Gunter
5. Cindy Yoonjoung Heo
6. A. Udell
7. M. Mody
8. Francesca Ciulli

Citations in the corpus

• Zeileis Conditional Variable Importance for Random Forests (2015, background): “Examples of the sharing economy are car and ridesharing via Drivy [8] and BlaBlaCar [9], accommodation sharing through websites such as Airbnb [10] and Couchsurfing [11], community gardens [12], and many other forms of sharing.”
• Assessing Airbnb as a disruptive innovation relative to hotels: Substitution and comparative performance expectations (2017, result): “These results are fairly consistent with supply-side research by Zervas et al. (2015), yet this study’s demand-side perspective is better for estimating Airbnb’s future impacts and avoids the confounding variables that complicate supply-side analyses.”
• Sharing versus collaborative economy: how to align ICT developments and the SDGs in tourism? (2019, background): “A study by Zervas, Proserpio, and Byers (2016) found, for example, that hotel earnings in Texas declined significantly in places where AirBnB grew.”
• Determinants of Airbnb demand in Vienna and their implications for the traditional accommodation industry (2018, background): “Zervas et al. (2014) argue that the sharing economy is changing customer behavior, rather than purely generating economic activity, by providing imperfect substitutes for existing products as well as by creating demand that did not exist before through the supply of new products and services.”
• Do Airbnb Properties Affect House Prices (2016, background): “revenues “before and after Airbnb enters a specific city, against a baseline of changes in hotel room revenue in cities with no Airbnb presence over the same period time” (Zervas et al. 2016, p. 11). In order to make a causal claim based on their estimates, they test for and assume that there is no ”
• Understanding current and future issues in collaborative consumption: A four-stage Delphi study (2016, background): “In support of this claim, a recent working paper by Zervas et al. (2015) found that the impact of AirBnB on the hotel industry in Austin, Texas was significant, claiming 8-10% of revenue and pushing down prices of incumbents.”