scholarly journals An investigation into the sharing economy phenomenon in the Greek tourism industry in the accommodation sector

2017 ◽  
pp. 25-35 ◽  
Author(s):  
Vicky Katsoni
Keyword(s):  
Hospitality Industry ◽  
Business Models ◽  
Distribution Channels ◽  
Legal Framework ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Considerable Controversy ◽  
Accommodation Sector ◽  
Controversial Nature ◽  
State Regional

A phenomenon that has spread as rapidly as the sharing economy, bypassing traditional distribution channels and disrupting established business models, has naturally provoked considerable controversy. Users, providers, sharing economy sites, established businesses offering similar services to those being shared (or traded, exchanged, rented, swapped or otherwise) and governments at all levels (municipality, province, nation state, regional, and even international), have found themselves on different sides of a furious debate about the present and future shape of the sharing economy. This article explores the drivers and impacts of sharing economy in the Greek hospitality industry, presents the legal framework and discusses the challenging and at times controversial nature of it.

Sharing Economy in Hospitality and Tourism

2019 ◽  
Vol 2019 (1) ◽  
pp. 71-89 ◽  
Author(s):  
Viki Katsoni ◽  
Marina Sheresheva
Keyword(s):  
Business Models ◽  
Legal Framework ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Negative Effects ◽  
Tourism Sector ◽  
New Business ◽  
Hospitality And Tourism ◽  
Of Greece

The article discusses the role of sharing economy in hospitality and tourism sector. The paper argues that sharing economy business models are perceived as sustaining innovations at the time of their emergence. To date they demonstrate the features of disruptive innovations, exerting a growing and ambiguous influence on all key elements of tourism industry structure. The example of Greece discussed in the article shows the opportunities and threats for new business models in hospitality and tourism, as well as the need for existing market players to adapt to new conditions and to improve legal framework and mechanisms for their implementation. All these will help to mitigate possible negative effects of sharing economy development and to create conditions for realizing the benefits of sharing economy for business, government and society.

scholarly journals ANALISIS DAN VISUALISASI HOST LIBURAN SINGKAT MENGGUNAKAN PENDEKATAN ANALISIS GEOSPASIAL

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Irwan Setiawan
Keyword(s):  
Hospitality Industry ◽  
Rapid Development ◽  
Sharing Economy ◽  
Situation Analysis ◽  
Accommodation Sector ◽  
Tourism And Hospitality Industry ◽  
Tourism And Hospitality ◽  
Python Programming ◽  
Analyze Data

The development of sharing economy that happened exponentially has changed the accommodation sector in the tourism and hospitality industry. The varied customer experience, facilities, and range of prices offered has made this business model an alternative to traditional accommodation services and is a favorite among tourists. The rapid development of information technology facilitates many online platforms that provide property rental services with the concept of sharing economy. This makes the tourism and hospitality industry rich in data. This study aims to analyze data on property rental advertisements focusing on short vacation services with a case study of Airbnb data in Singapore. The results of the study are expected to be used by new players or old players in the business as one of the considerations of situation analysis for making decisions. The analysis was carried out to obtain patterns and relationships from data related to prices, room types, and property distribution in the form of diagrams and maps. This study uses a visual data analysis approach using the Python programming language.

scholarly journals Understanding the Implementation of Airbnb in Urban Contexts: Towards a Categorization of European Cities

Land ◽  
2020 ◽  
Vol 9 (12) ◽  
pp. 522
Author(s):  
Laura Serrano ◽  
Antonio Sianes ◽  
Antonio Ariza-Montes
Keyword(s):  
Business Model ◽  
Local Governments ◽  
Hierarchical Cluster ◽  
Sharing Economy ◽  
Tourism Industry ◽  
European Cities ◽  
Rural And Urban ◽  
Urban Contexts ◽  
Accommodation Sector ◽  
Tourist Accommodation

The sharing economy has experienced exponential growth in recent years, especially in the short-term rentals (STRs) tourist accommodation sector. This growth has caused disruptive effects in rural and urban contexts, especially in highly touristic cities. These effects can be both positive and negative, revitalizing certain areas and bringing about tension in the socioeconomic fabric. Today, Airbnb is considered the paradigm of this sharing economy model and the STR industry leader. However, as this study suggests, on many occasions the implementation of Airbnb exhibits more of a traditional economic business model than a collaborative economic business model. Through hierarchical cluster analysis, this study identifies different groups of European cities according to the degree of professionalization of Airbnb implementation in their territory. The goal is to find similar patterns in the Airbnbisation process in major European cities, as the social, economic, and spatial impacts of various typologies are very different and even contrary. By understanding and identifying such different models implemented in each territory, better policies can be informed, and more adapted strategies can be pursued by local governments and the tourism industry.

Zooming into Airbnb listings of European cities: Further investigation of the sector’s competitiveness

2021 ◽  
pp. 135481662110448
Author(s):  
Bozana Zekan ◽  
Ulrich Gunter
Keyword(s):  
Sharing Economy ◽  
Tourism Industry ◽  
Data Envelopment ◽  
Cumulative Number ◽  
Past Performance ◽  
Related Data ◽  
European Cities ◽  
Interactive Data ◽  
Input Variables ◽  
Accommodation Sector

Airbnb has a major role to play in the competitiveness of the overall accommodation sector of individual destinations and it is rather unlikely that this role will diminish in the post-COVID-19 recovery of the tourism industry. Therefore, the present study motivates the Airbnb sector to look back at its past performance for insights that can be used in setting post-pandemic targets. In particular, this research assesses competitiveness of the Airbnb listings of 28 European cities by including hotel-related data as uncontrollable input variables within interactive data envelopment analysis modeling. The contribution lies in joining Airbnb listings and hotels into the benchmarking discussion and efficiency analysis, along with looking beyond the cumulative number of listings by dissecting the overall sector into commercial and private listings—something that has not been attempted as of yet, in spite of the ever-growing body of literature on the sharing economy.

scholarly journals Comparative Study of Sharing Economy Business Models in Accommodation Sector

2018 ◽  
Author(s):  
Rimantas Gatautis ◽  
◽  
Eglė Vaičiukynaitė ◽  
Elena Vitkauskaitė ◽  
◽  
...  
Keyword(s):  
Comparative Study ◽  
Business Models ◽  
Sharing Economy ◽  
Accommodation Sector

scholarly journals Evaluation of the Impact of Sharing Economy on Hotel Business

2020 ◽  
Vol 11 (20) ◽  
pp. 150-169 ◽  
Author(s):  
Paulína Srovnalíková ◽  
Evelina Semionovaitė ◽  
Edita Baranskaitė ◽  
Daiva Labanauskaitė
Keyword(s):  
Management Strategy ◽  
Negative Impact ◽  
Hotel Industry ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Strategy Formulation ◽  
Correlation And Regression Analysis ◽  
Customer Group ◽  
Accommodation Sector ◽  
The Impact

The sharing economy is growing in the hotel industry very fast. The study is important for the hotel’s management - strategy formulation. The aim of this research is to evaluate the sharing economy effect on hotels in Lithuania. Correlation and regression analysis methods were used for achieving the aim. The study analyses if the sharing economy has caused any impact on accommodating tourists at hotels, hotels income from accommodation services, and room occupancy rate. Results reveal a positive relationship between the sharing economy and all investigated indicators of hotel activities, thus indicating that the hotel business is growing together with the sharing economy. The hotels' sector in Lithuania has continued to grow while more and more hosts and consumers joined the sharing economy. Results imply that the sharing economy is not a competitor for the Lithuanian hotels business as the sharing economy targets different tourist segment, moreover the market is capacious for both segments. Sharing economy in the accommodation sector – a niche with its own customer group. The research results are important for making correct decisions in the Lithuanian tourism industry as other researches in other countries show a negative impact on the sharing economy on the hotels' sector. The rapid growth of the sharing economy in Lithuania may oblige hotels to focus on the sharing economy and consider further actions.

scholarly journals Online platforms: concept, role in the conclusion of contracts and current legal framework in Europe = Plataformas en línea: concepto, papel en la conclusión de contratos y marco legal actual en Europa

2020 ◽  
Vol 12 (1) ◽  
pp. 863
Author(s):  
Joana Campos Carvalho
Keyword(s):  
Business Models ◽  
Legal Framework ◽  
Sharing Economy ◽  
Point Of View ◽  
Third Party ◽  
Online Platform ◽  
Goods And Services ◽  
Online Platforms ◽  
The Way

Abstract: Companies like Airbnb, Amazon or Craigslist have challenged the traditional business models and are altering the way people have access to goods and services. This article explores why the concept of online platform is adequate to analyse this new reality from a contractual point of view. It then challenges the idea that all companies where the product or service is supplied by what appears to be a third-party are online platforms, using the example of Uber. Finally, it provides a brief overview at the current EU framework to provide a reflection on how a regime for online platforms could look like.Keywords: sharing economy, online platforms, Uber.Resumen: Empresas como Airbnb, Amazon o Craigslist han desafiado los modelos de negocio tradicionales y están cambiando la forma en que las personas tienen acceso a los bienes y servicios. Este artículo explora por qué el concepto de plataforma en línea es adecuado para analizar esta nueva realidad desde un punto de vista contractual. A continuación, se cuestiona la idea de que todas las empresas en las que el producto o servicio es proporcionado por lo que parece ser un tercero son plataformas en línea, utilizando el ejemplo de Uber. Por último, se aporta una breve visión general del marco actual de la UE para reflexionar sobre cómo podría ser un régimen para las plataformas en línea.Palabras clave: economía colaborativa, plataformas en línea, Uber.

Consumer perception of service quality The case of Airbnb and Couchsurfing

2021 ◽  
Author(s):  
Marie Dewitte ◽  
Jérôme Mallargé ◽  
Alain Decrop
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Peer To Peer ◽  
Tourism Industry ◽  
Annual Growth ◽  
Collaborative Consumption ◽  
The World ◽  
Consumption Practices ◽  
Hospitality And Tourism Industry ◽  
Bank Group

Recent economic, social and environmental concerns have drawn attention to the necessity to rethink our consumption patterns (Barnes & Mattsson, 2016) and call for alternative forms of consumption. In parallel, digitalization dramatically changes the way we live, work, consume and travel (OECD, 2020). As a result, new consumption practices have emerged in the last years, privileging access over ownership (Botsman & Rogers, 2010). Those practices, labelled as sharing economy or collaborative consumption (Belk, 2014; Benoit et al., 2017; Botsman & Rogers, 2010), involve most of the time peer-to-peer exchanges (for a fee or for free) that are coordinated through community-based online services (Hamari, Sjoklint & Ukkonen, 2016). Such collaborative services have recently boomed, impacting many sectors, including the hospitality and tourism industry (Sigala, 2017), with well-known initiatives such as Airbnb or Couchsurfing. Peer-to-peer accommodation services are transforming the tourism industry (PWC, 2015) by enabling consumers to share and access goods escaping traditional services like hotels and travel agencies. According to Hotrec (2014), peer-to-peer accommodation is twice bigger than the conventional tourism accommodation industry in Europe. The World Bank Group estimates a 31% annual growth of this new accommodation type between 2013 and 2025, which is six times bigger than the annual growth of the conventional bed and breakfast and hotel industry. In total, peer-topeer accommodation makes up about 7% of accommodation worldwide (Bakker & Twining-Ward, 2018). Two of the most sucessful sharing economy unicorns, AirBnB and Couchsurfing, have very different business models. Airbnb is an online peer-to-peer marketplace that matches hosts wishing to share their home with travelers (i.e. guests) who are looking for accommodation. Valued at 38 billion USD (Forbes, 2018), Airbnb has more than 60 million customers and around two million accommodations in the world (OECD, 2016). At the opposite, Couchsurfing is a free online hospitality exchange network that connects travelers looking for a place to sleep with people offering their ‘couch’ for a couple of nights. The community gathers around ten million members around the world.

Changes in Regulatory Laws Over the Sharing Economy Business on the Example of Brazil

2020 ◽  
pp. 1-16
Author(s):  
Luiz Guedes da Luz Neto
Keyword(s):  
21St Century ◽  
Business Models ◽  
Legal Framework ◽  
Sharing Economy ◽  
State Regulation ◽  
The Internet ◽  
Early 21St Century ◽  
Innovative Products ◽  
New Business ◽  
State Regulator

The shared economy gained importance in the early 21st century, gaining scale through the internet. With this, various business models were created, offering innovative products and services to people. Many of the businesses in the sharing economy, because of their innovative character, challenge state regulation, which still does not know how to fit them, because, as disruptive, these businesses no longer seem to fit into traditional legal categories. And this difficulty in the legal framework can create burdens on innovative companies that can negatively impact results, as well as maintaining these companies in the market in a competitive manner. The search for state regulation that can adequately frame new businesses born in the sharing economy is a major challenge for the state regulator, which must seek regulation that protects users without impeding the development of new business. The regulation of new businesses in the sharing economy is a great challenge in Brazil because this regulation creates a lot of problems to the companies born in the sharing economy.

scholarly journals Exploring Circularity: A Review to Assess the Opportunities and Challenges to Close Loop in Nepali Tourism Industry

2020 ◽  
Vol 3 (1) ◽  
pp. 142-158 ◽  
Author(s):  
Chandramani Aryal
Keyword(s):  
Circular Economy ◽  
Business Models ◽  
Sharing Economy ◽  
Tourism Industry ◽  
Waste Products ◽  
Government Sector ◽  
Tourism Sector ◽  
Durable Products ◽  
The Government ◽  
Industrial Level

Tourism is one of the important sectors in Nepali economy and gains high priority from the government sector as well owing to its contribution in the economic, social and environmental front. Despite these benefits, the tourism sector comes with negative externalities, providing rationality for shift towards a more sustainable approach. Despite this, the circular economy is yet to gain recognition, both at the academic and industrial level in Nepal. Thus, this article aims to fulfill that gap by introducing the concept of circular economy, application of circular economy to the tourism industry and barriers for their implementation in Nepal. In different parts of the world, transition towards circular economy, which integrates the concepts of restorative economy, sharing economy and service economy, from the linear one have been identified as an approach for sustainable economic development. Innovation and application of the 4R principles have been identified as the key to the shift towards the circular economy. Innovation implies the use of new, innovative and more durable products, innovation in the production process and innovative organizational process. Innovation of business models, reduction of the resources used, reuse of the old products thereby reducing the demand for the new ones and recycling of waste products generated are some of the strategies of the circular economy that are applicable to the tourism industry. As Nepali tourism sectors are largely based on take-use-dispose form, they are unsustainable. Circular economy can address the problem associated with the tourism sector there by making the sector sustainable. But, adaptation of circular tourism is hindered mainly by financial and knowledge constraints. The study is expected to introduce and initiate academic discourse about circular tourism in Nepal.

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