Comprehensive Effects of Short-Term Rental Platforms Across Hotel Types in U.S. and International Destinations

2021 ◽  
pp. 193896552110335
Author(s):  
John W. O’Neill ◽  
Jihwan Yeon

In recent years, short-term rental platforms in the lodging sector, including Airbnb, VRBO, and HomeAway, have received extensive attention and emerged as potentially alternative suppliers of services traditionally provided by established commercial accommodation providers, that is, hotels. Short-term rentals have dramatically increased the available supply of rooms for visitors to multiple international destinations, potentially siphoning demand away from hotels to short-term rental businesses. In a competitive market, an increase in supply with constant demand would negatively influence incumbent service providers. In this article, we examine the substitution effects of short-term rental supply on hotel performance in different cities around the world. Specifically, we comprehensively investigate the substitution effects of short-term rental supply on hotel performance based on hotel class, location type, and region. Furthermore, we segment the short-term rental supply based on its types of accommodations, that is, shared rooms, private rooms, and entire homes, and both examine and quantify the differential effects of these types of short-term rentals on different types of hotels. This study offers a comprehensive analysis regarding the impact of multiple short-term rental platforms on hotel performance and offers both conceptual and practical insights regarding the nature and extent of the effects that were identified.

2021 ◽  
pp. 109634802110191
Author(s):  
Jungtae Soh ◽  
Kwanglim Seo

Much scholarly attention has been paid to Airbnb’s influence on the hotel industry. However, extant studies have limitations because they consider only Airbnb while overlooking various other short-term vacation rental players that can also affect performance of hotels. To address this research gap, this study aims to provide a broader understanding of the impacts of short-term vacation rentals by analyzing data obtained from various vacation rental platforms. This study shows that while increase in short-term vacation rentals has an overall negative effect on hotel performance, the economic effect is more significant in the low-end market than in the high-end market. Our findings further reveal that the negative effect is reduced when there is a large price difference between short-term vacation rentals and hotels. By comprehensively examining multiple sources of data on hotels and vacation rentals, this study brings alternative perspectives to the attention of researchers for further investigation of vacation rentals.


2015 ◽  
Vol 68 (2) ◽  
pp. 221-227 ◽  
Author(s):  
Cristina Paixão Araújo ◽  
João Felipe Coimbra Leite Costa

AbstractDecisions, from mineral exploration to mining operations, are based on grade block models obtained from samples. This study evaluates the impact of using imprecise data in short-term planning. The exhaustive Walker Lake dataset is used and is considered as the source for obtaining the true grades. Initially, samples are obtained from the exhaustive dataset at regularly spaced grids of 20 × 20 m and 5 × 5 m. A relative error (imprecision) of ±25% and a 10% bias are added to the data spaced at 5 × 5 m (short-term geological data) in different scenarios. To combine these different types of data, two methodologies are investigated: cokriging and ordinary kriging. Both types of data are used to estimate blocks with the two methodologies. The grade tonnage curves and swath plots are used to compare the results against the true block grade distribution. In addition, the block misclassification is evaluated. The results show that standardized ordinary cokriging is a better methodology for imprecise and biased data and produces estimates closer to the true grade block distribution, reducing block misclassification.


2020 ◽  
Author(s):  
Doug Carroll

Energy Efficiency of Vehicles educates readers about energy and the environment and the relationship between the energy we use and the environment. The world is at a point in time when people need to make very important decisions about energy in the next few decades. This book enables readers to utilize our scientific knowledge to make good rational decisions. Energy Efficiency of Vehicles provides information on: Calculations related to energy, power, and efficiency, and the impact of using different types of energy on the environment. Environmental consequences of consuming energy. Models related to impact of city driving on the energy efficiency and fuel economy of cars and trucks.


Author(s):  
Brian J. Galli

In order for a company to economically survive, it needs to compete with a highly competitive market. The world is changing fast, adding different types of risks to companies. So, companies need to not only meet requirements but also exceed them. At the same time, companies are required to lower the level of risks they may encounter. As a result, continuous improvement and risk management should be key factors to insure company success. This study explores the relationship between the two concepts and gives examples where the interconnections between them exist. Also, the study explains the important key components of continuous improvement and the classifications of risk management. Finally, this article focuses on three aspects, managing complaints, developing strategy, and creating a suitable culture. These aspects are evaluated based on the relationship between continuous improvement and risk management.


2017 ◽  
Vol 20 (1) ◽  
pp. 159-173 ◽  
Author(s):  
Jong Woo Choi ◽  
Chengyan Yue

Countries have become increasingly concerned about the safety of their food. Many countries have imposed standards on both domestically produced and imported food. In particular, countries have implemented regulations to control the quantity and quality of vegetable imports. Maximum Residue Limit (MRL) standards are one of the main restrictions adopted by numerous countries. Japan has one of the strictest MRL standards in the world. This study builds on previous studies to explore the impact of MRL standards on Japanese vegetable imports. Gravity models are used to analyze how MRL standards influence the Japanese imports of different types of vegetables (fruit vegetables, leafy vegetables, bulb vegetable, and root vegetables). The results reveal that the trade impacts of MRL standards are different for different types of vegetables, with the most significant impact on imports of leafy and fruit vegetables and the least significant impact on imports of bulb vegetables.


1993 ◽  
Vol 7 ◽  
pp. 17-37 ◽  
Author(s):  
Patrick Clawson

This article looks at some major goals that have been set for sanctions and evaluates how effective sanctions have been at reaching those goals. It also examines the costs of sanctions, i.e., the impact on civilians and on international support for sanctions. Clawson concludes that sanctions are useful only as a short-term response in situations in which the world community is prepared to use force in the likely event that the target regime does not change its behavior. If there is not will to use force to back the sanctions, then the sanctions are morally dubious: they impose suffering and may cause deaths without offering a reasonable prospect of accomplishing good.


2014 ◽  
Vol 11 (1) ◽  
pp. 11-16
Author(s):  
O D Ostroumova ◽  
O V Bondarets ◽  
T F Guseva

The article discusses the importance of different types of variability in blood pressure (BP) as an independent risk factor for stroke and myocardial infarction in patients with arterial hypertension. The results of the Russian observation program (1500 patients) on the impact of amlodipine show BP variability in real clinical practice. According to the results, amlodipine 5-10 mg after 2 weeks of treatment significantly reduces the variability of systolic and diastolic blood pressure in both sexes. His influence on the short-term variability in diastolic blood pressure is dose-dependent.


2021 ◽  
Vol 6 (1) ◽  
pp. 406
Author(s):  
Xingbang Yin

From the perspective of green credit, this paper makes a theoretical analysis of the impact of green credit on the financial performance of commercial banks. Based on the panel data of 15 commercial banks from 2012 to 2018, this paper makes an empirical analysis on the impact mechanism is empirically analyzed. The results show that in the short-term, green credit has a negative impact on the financial performance of commercial banks, and the adverse impact faced by small and medium-sized commercial banks is significantly higher than that of large commercial banks, showing a heterogeneous effect. This also reveals the effect of commercial banks in implementing green credit in commercial banks and reasons for low initiative and enthusiasm. In view of this, it puts forward specific policy recommendations for different types of commercial banks, and believes that they should effectively promote green credit business in terms of differentiated policy guidelines and increasing the training of interdisciplinary talents.


2019 ◽  
Vol 24 (6) ◽  
pp. 309-321 ◽  
Author(s):  
Stefan Schoisswohl ◽  
Johannes Arnds ◽  
Martin Schecklmann ◽  
Berthold Langguth ◽  
Winfried Schlee ◽  
...  

Background: The phenomenon of short-term tinnitus suppression by different forms of acoustic stimulation is referred to as residual inhibition (RI). RI can be triggered in the majority of tinnitus cases and was found to be depending on the used intensity, length or types of sounds. Past research already stressed the impact of noise stimulation as well as the superiority of amplitude modulated (AM) pure tones at the individual tinnitus frequency for RI in tonal tinnitus. Recently a novel approach for the determination of noise-like tinnitus characteristics was proposed. Objectives: The aim of the present study was to investigate whether in participants with noise-like tinnitus RI can be increased by AM noise stimuli according to the individual tinnitus frequency range. Methods: For this purpose the individual tinnitus characteristics (noise-like and tonal tinnitus) of 29 people affected by tinnitus (mean age = 55.59, 7 females, mean tinnitus duration = 159.97 months) were assessed via customizable noise-band matching. The objective was to generate bandpass filtered stimuli according to the individual tinnitus sound (individualized bandpass filtered [IBP] sounds). Subsequently, various stimuli differing in bandpass filtering and AM were tested with respect to their potential to induce RI. Participants were acoustically stimulated with 7 different types of stimuli for 3 min each and had to rate the loudness of their tinnitus after each stimuli. Results: Results indicate a general efficacy of noise stimuli for the temporary suppression of tinnitus, but no significant differences between AM and unmodulated IBP. Significantly better effects were observed for the subgroup with noise-like tinnitus (n = 14), especially directly after stimulation offset. Conclusions: The study at hand provides further insights in potential mechanisms behind RI for different types of tinnitus. Beyond that, derived principles may qualify for new or extend current tinnitus sound therapies.


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