scholarly journals Short-term rental market crisis management during the COVID-19 pandemic: stakeholders’ perspectives

Author(s):  
Cristina Miguel ◽  
Anna Pechurina ◽  
Berna Kirkulak-Uludag ◽  
Maria Hadjielia Drotarova ◽  
Kosjenka Dumančić ◽  
...  
Erdkunde ◽  
2020 ◽  
Vol 74 (3) ◽  
pp. 191-204
Author(s):  
Marcus Hübscher ◽  
Juana Schulze ◽  
Felix zur Lage ◽  
Johannes Ringel

Short-term rentals such as Airbnb have become a persistent element of today’s urbanism around the globe. The impacts are manifold and differ depending on the context. In cities with a traditionally smaller accommodation market, the impacts might be particularly strong, as Airbnb contributes to ongoing touristification processes. Despite that, small and medium-sized cities have not been in the centre of research so far. This paper focuses on Santa Cruz de Tenerife as a medium-sized Spanish city. Although embedded in the touristic region of the Canary Islands, Santa Cruz is not a tourist city per se but still relies on touristification strategies. This paper aims to expand the knowledge of Airbnb’s spatial patterns in this type of city. The use of data collected from web scraping and geographic information systems (GIS) demonstrates that Airbnb has opened up new tourism markets outside of the centrally established tourist accommodations. It also shows that the price gap between Airbnb and the housing rental market is broadest in neighbourhoods that had not experienced tourism before Airbnb entered the market. In the centre the highest prices and the smallest units are identified, but two peripheral quarters stand out. Anaga Mountains, a natural and rural space, has the highest numbers of Airbnb listings per capita. Suroeste, a suburban quarter, shows the highest growth rates on the rental market, which implies a linkage between Airbnb and suburbanization processes.


2021 ◽  
Vol 143 ◽  
pp. 113495
Author(s):  
Jiang Wu ◽  
Jingxuan Cai ◽  
Xin (Robert) Luo ◽  
Jose Benitez

2020 ◽  
Vol 11 (1) ◽  
pp. 91-98
Author(s):  
Milen Zamfirov ◽  
◽  
Margarita Stefanova-Bakracheva ◽  
Tsetska Kolarova ◽  
Ekaterina Sofronieva ◽  
...  

The present article outlines the results from several studies, conducted prior to and after the emergency related to COVID-19 in Bulgaria. They all aim at describing how different groups of volunteers – general population, teachers, school and university students – adapt to the new situation and what their attitudes towards online and blended forms of training are. Based on our research findings, designated to advocate the most adaptive framework for crisis management, has been proposed here. The general conclusion of our studies is that all participants in the survey, regardless of their age or gender, exhibit similar patterns of behaviour and reactions during the four month period of COVID-19 outbreak. This is a clear indication that a broad framework to support the whole community should be sought. One of the findings is that in an ambiguous and nonpredictable context, highly dependent on the global course of the pandemic, participants in the educational process feel secure when they know they can achieve their set educational short-term or mid-term goals, like for example, finish the school or university year. Another conclusion is that in order to feel secure and successful, participants need to have a sense of control over their own lives, which can be achieved and enhanced by a positive and supportive environment which can assure flexibility.


Author(s):  
Callum Ritchie ◽  
Brendan Grigg

The short-term rental accommodation market has experienced incredible growth as a result of technological innovations. This article explores the impact of this phenomenon on property and the concept of ownership in Australia. It does so, first by drawing on Kellen Zale’s framework of sharing, which breaks down the activities associated with the sharing economy and applies it in the Australian context. This helps us understand that in many respects, short-term rental accommodation is better characterised as part of the sharing-for-profit economy. This characterisation explains and justifies the choices that Australian states and territories have made in regulating the short-term rental market. This article also analyses disputes that have arisen in Australia concerning short-term rentals, and concludes that whilst the sharing economy prioritises access to property over ownership of it, property law continues to protect the privilege of ownership.


Author(s):  
Simon Bulmer ◽  
Owen Parker ◽  
Ian Bache ◽  
Stephen George ◽  
Charlotte Burns

This chapter examines the various attempts to create the economic and monetary union (EMU), which first became an official objective of the European Community (EC) in 1969 but was achieved only thirty years later. The chapter first provides a historical background on efforts to create the EMU, including long-standing debates between France and West Germany on its design, before discussing the launch of the single currency, the euro, and its subsequent progress up to and including the eurozone crisis in the late 2000s. On the eurozone crisis, it considers both the short-term efforts at crisis management and the long-term reforms that were implemented in an attempt to prevent further crises. Finally, it considers some of the explanations for and critiques of EMU, including critiques of the responses to the eurozone crisis that have been offered by various academic commentators.


2016 ◽  
Vol 28 (1) ◽  
pp. 26-32
Author(s):  
Eryk Głodziński ◽  
Stanisław Marciniak

AbstractOrganisational innovations and crisis management have a lot in common. Crisis may come in many various forms. It can be a result of economic slowdown or recession influencing the industry and, therefore, some of its organisations. However, firm disaster can be a result of wrong management decisions or unexpected events. Each form of crisis has its own causes, which influence the company in a number of ways. The main objectives of the paper are to describe the nature of crisis management in project-based enterprises and to define the scope and role of organisational innovations in it. The conducted research shows that the organisational innovations are the crucial elements of crisis response strategies. Applying organisational innovations, the entity can gain short-term benefits because they aim at improving the flexibility and adaptability of the company and the supervision of the running projects


2020 ◽  
Vol 12 (23) ◽  
pp. 9841
Author(s):  
Łukasz Bugalski

As a result of the Airbnb eruption, not only has the character of the short-term rental market been completely transformed, but the decades long growth in tourism has also been further accelerated. Therefore, due to the new demands of the tourism economy, the major shift in the usage of historic city centers occurred–the process of ‘touristification’, that results in the emergence of its new, unsustainable form. Despite the significance of those circumstances, there is a lack of any broader quantitative research that would present the dynamic of the Airbnb phenomenon. Therefore, thanks to the recognition of AirDNA data, such statistical analysis has become possible. The goal of this paper is to investigate the Airbnb’s growth trajectories—data that bind together a market dimension of the growth in tourism and the community aspect of an urban change caused by its impact—from the perspective of its spatial distribution across Europe between 2014 and 2020. As a result, it was possible to follow the Airbnb phenomenon during its undisrupted period of growth—from its sudden eruption, further spread, and potential future after the COVID-19 outbreak—all together with its logarithmic character, concentration form, and momentum of already reached economic equilibrium.


2018 ◽  
Vol 64 ◽  
Author(s):  
Y.V. Miroshnichenko ◽  
N.V. Antonova ◽  
Y.V. Homovska

The problems of the crisis management of the enterprise in the conditions of instability of the external environment are investigated.. Existing theoretical approaches to understanding the category of "crisis management" are considered. Dedicated specific principles of crisis management, such as the principle of prioritizing long-term goals over short-term, adaptability to changes in the external environment, the effectiveness of anti-crisis measures, systemic principles, principles of continuity of observations and responsiveness to changes in the external environment. Practical recommendations for crisis management of a trading enterprise have been developed. Formed conclusions will identify ways to further research.


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