The exhaustion of the herding effect in peer-to-peer accommodation

2020 ◽  
pp. 135481662094653
Author(s):  
Beatriz Benítez-Aurioles
Keyword(s):  
Utility Maximization ◽  
Peer To Peer ◽  
Herding Behavior ◽  
European Cities ◽  
The Future ◽  
Balanced Distribution ◽  
Reservation Policy ◽  
Tourist Accommodation

A significant reason for the concentration of demand in a subset of the supply in the peer-to-peer market for tourist accommodation is herding behavior, by which the decisions of the first guests are imitated by those who follow. This article proposes a profit- and utility-maximization microeconomic model and implements it with data of Airbnb listings corresponding to 10 European cities. Results show that the influence of each additional review is positive but decreasing, inducing a more balanced distribution of demand among offered accommodation and thus dampening the herding effect. Moreover, reservation policy—specifically, enabling the instant booking option—is a key to explain the initial push that accommodations need to be demanded now and, hence, to increase their possibilities of being demanded in the future.

scholarly journals Characterization of European cities’ climate shift – an exploratory study based on climate analogues

2018 ◽  
Vol 10 (3) ◽  
pp. 428-452
Author(s):  
Guillaume Rohat ◽  
Stéphane Goyette ◽  
Johannes Flacke
Keyword(s):  
Climate Change ◽  
Urban Areas ◽  
Climate Impacts ◽  
Future Climate ◽  
Public Health Services ◽  
European Continent ◽  
Content Type ◽  
Climate Shift ◽  
European Cities ◽  
The Future

Purpose Climate analogues have been extensively used in ecological studies to assess the shift of ecoregions due to climate change and the associated impacts on species survival and displacement, but they have hardly been applied to urban areas and their climate shift. This paper aims to use climate analogues to characterize the climate shift of cities and to explore its implications as well as potential applications of this approach. Design/methodology/approach The authors propose a methodology to match the current climate of cities with the future climate of other locations and to characterize cities’ climate shift velocity. Employing a sample of 90 European cities, the authors demonstrate the applicability of this method and characterize their climate shift from 1951 to 2100. Findings Results show that cities’ climate shift follows rather strictly north-to-south transects over the European continent and that the average southward velocity is expected to double throughout the twenty-first century. These rapid shifts will have direct implications for urban infrastructure, risk management and public health services. Originality/value These findings appear to be potentially useful for raising awareness of stakeholders and urban dwellers about the pace, magnitude and dynamics of climate change, supporting identification of the future climate impacts and vulnerabilities and implementation of readily available adaptation options, and strengthening cities’ cooperation within climate-related networks.

Drivers of Price in City Destinations: Vienna

2017 ◽  
Author(s):  
Bernhard Andreas Hrobath ◽  
Friedrich Leisch ◽  
Sara Dolnicar
Keyword(s):  
Peer To Peer ◽  
Disruptive Innovations ◽  
Tourist Accommodation

Peer-to-peer accommodation networks have been described as disruptive innovations, as revolutions in tourist accommodation, where demand is driven by new factors such as living like a local, authenticity and meeting new people. If indeed reasons for trading on these networks are so fundamentally different, prices should reflect that. This chapter investigates what drives the price of Airbnb listings in Vienna, and asks whether these price drivers are indeed new, or whether they reflect those in established commercial accommodation.

Forget Peer-to-Peer, the Future of Insurance is Invisible and Parametric

2018 ◽  
pp. 161-164 ◽  
Author(s):  
Jean-Charles Velge ◽  
Quentin Colmant
Keyword(s):  
Peer To Peer ◽  
The Future

Challenges to sustainable Arctic tourist lodging: a proposed solution for Greenland

Polar Record ◽  
2014 ◽  
Vol 51 (5) ◽  
pp. 485-491 ◽  
Author(s):  
Jing Qu ◽  
Arne Villumsen ◽  
Ole Villumsen
Keyword(s):  
Climate Change ◽  
Waste Water ◽  
Energy Supply ◽  
Environmental Friendliness ◽  
Tourist Attractions ◽  
Cultural Sustainability ◽  
The Future ◽  
Selling Point ◽  
Tourist Accommodation ◽  
Waste Water Management

ABSTRACTThe beauty of nature in Greenland and the selling point of Greenlandic tourism ‘Our ice is melting, yet it is still here’ have been attracting more tourists in recent years. Therefore, demand for tourist accommodation is expected to grow in the future. Staying overnight in small huts is a traditional way for nomadic Greenlanders and for tourists. However, the austere condition of the existing huts cannot meet requirements nowadays. Meanwhile, climate change is causing retreat of ice, so tourist attractions might change in the future. Therefore the contradiction of ‘improved lodging’, ‘environmental friendliness’ and ‘flexibility of location’ raise the problem for the future development of tourist accommodation. The aim of this work is to explore a desirable solution by developing stand-alone mobile tourist huts with light and heating based on renewable energy supply, and sustainable black waste water management. The cabin can be disassembled into pieces and transported to new areas by trucks, snow scooters, boats or dog-sledges with almost no disturbance to the environment of the original location. In addition, cultural sustainability is also taken into account.

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