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 The role of tourism awareness in developing accessible tourism

2020 ◽  
pp. 437-463
Author(s):  
طه مهدي محمود ◽  
حسين محمد علي أسد
Keyword(s):  
Young Children ◽  
Pregnant Women ◽  
Special Needs ◽  
The Elderly ◽  
Tourism Industry ◽  
Negative Effects ◽  
High Quality ◽  
Tourism Sector ◽  
Effective Contribution

Tourism awareness is one of the most important pillars that contribute to the development of the tourism industry in general, and the development of various tourism patterns in particular, and among those patterns are accessible tourism, because of its great importance in reducing the negative effects that may accompany the tourism industry by building educated tourism employees And be aware, knowledgeable and aware of the importance of the accomplishments and successes achieved by the tourism sector and the opportunities that this sector offers and economic opportunities that ultimately reflect on the members of society and the country. Perhaps the sensitivity of dealing with the categories of accessible tourism (those with special needs, the elderly, pregnant women, mothers for young children) need special type employees who possess a set of special skills and experiences in dealing with those groups to make the details of the tourist trip for the concerned individuals, the most important of which is accommodation (the hotel). And to achieve the best possibility to enjoy the tourist activity in general. This research aims to highlight on the role of tourism awareness for a sample of employees of the holy Karbala hotels and their effective contribution to achieve the development of soft tourism by providing high-quality services that reassure the targeted tourists and thus contribute to attract the largest number of them, which is greatly reflected in the development of tourism and making years Coming golden years for this tourist pattern, which is considered an ethical and human duty to care about and develop.

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.

scholarly journals Consumer Protection in the Digital Economy and Its Legal Challenges

2021 ◽  
Vol 11 (2) ◽  
pp. 686-700
Author(s):  
Phan Thi Thanh Thuy ◽  
-- --
Keyword(s):  
Business Models ◽  
Legal Framework ◽  
Digital Economy ◽  
Economic Effects ◽  
Economic Relationships ◽  
Legal Challenges ◽  
New Business ◽  
Legitimate Interests ◽  
The Right

The 21st century is the era of the digital economy and technological achievements. Digital business models have created unprecedented socio-economic relationships and quickly dominated the market share of traditional business models in the same industry. These new business models are praised for their economic effects. On the contrary, they are criticized as the parties involved and the relationships created seems to be moving away from the norms determined by applicable business laws. Facing with the digital economy and its business models, many governments are confused because they have not found yet the right way to adjust them. Regarding the relationships between the parties of digital business model, how to protect legitimate interests of consumers is one of the most essential legal issues that has attracted widespread attention. To answer this question, the article will examine and analyze the legal role of consumers in the relationship with other parties, thereby finding out the legal challenges and giving suggestions on building a legal framework to protect consumers in the digital economy.

scholarly journals Blockchain in the Tourism Industry—A Review of the Situation in Croatia and Macedonia

Informatics ◽  
2020 ◽  
Vol 7 (1) ◽  
pp. 5 ◽  
Author(s):  
Aleksandar Erceg ◽  
Jovanka Damoska Sekuloska ◽  
Ivan Kelić
Keyword(s):  
Business Models ◽  
Tourism Industry ◽  
Travel Agency ◽  
Economic Activities ◽  
Blockchain Technology ◽  
Tourism Sector ◽  
New Business ◽  
The Republic ◽  
Industry Needs ◽  
New Business Models

As one of the most interactive economic activities, tourism has improved significantly since the Internet allowed customers (travelers) to look for and create their trips without the need to go to a travel agency. Through the development of Internet marketing, tourists are able to receive information in real-time and view them on the screens of their devices (computers, laptops, mobile phones or tablets), and consequently they can create their own content and share it with others. Due to this development, we are witnessing a new phenomenon, so-called app capitalism, in which companies like Uber and Airbnb make money on services and goods they do not own and finding new business models in the tourism sector which enable customer-to-customer models. To be able to respond to these changes, the tourism industry needs to bring together knowledge, money, and technology for the purpose of creating new business models. The development of technology in all social spheres, including tourism, has provided a strong tool for consumers in terms of both acquiring and disclosing information to others. One of the rapidly growing technologies which is also one of the cutting-edge technologies entering tourism is blockchain. Blockchain technology captured worldwide attention in 2017 and its implementation has been revolutionizing various industries (e.g., retail, healthcare, tourism). The aim of this paper is to analyze the potential of the tourism industry in terms of blockchain implementation. Blockchain technology provides significant benefits to the tourism industry since its implementation can help increase competitive advantage, improve customer satisfaction and enhance performance. In this paper, the authors present the current situation in the Republic of Croatia and the Republic of Macedonia regarding the use of blockchain technology in the tourism industry. The main findings of this paper comprise the detection of key areas regarding why blockchain technology is not implemented in the tourist industry, and what processes should be handled. By presenting a case study of the implementation of blockchain technology in tourism, the authors analyze the potential of using blockchain technology in the tourism industry and discuss topics for further research.

scholarly journals Management models of tourism industry: The case of Greece

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Georgia Papadopoulou
Keyword(s):  
State Level ◽  
Tourism Industry ◽  
Government Policies ◽  
Management Model ◽  
Management Models ◽  
Long Run ◽  
Tourism Sector ◽  
Tourism And Hospitality ◽  
Of Greece

Management has been the focus of studies in the field of tourism and hospitality and other related sectors. However, recently, investigators began examining the role of a management model in improving the competitiveness of a country both at the firm and state level. The literature reviewed in the current study has shown that management models affect the success, productivity, and effectiveness of firms in the sector. More researchers have noted that the management model should focus on the sustainability of the ecosystem and economy. The management model adopted by Greece has not been effective in improving its level of competitiveness compared to other European nations. Although various studies have examined the phenomenon, there is yet a need for more explorations to exploit how various antecedents of management models affect the tourism sector in the long-run. The current study has established that the management model supported by positive government policies affects the tourism industry and attracts more visitors, growth, and competitiveness.

Development of sharing economy-based business models in the tourism sector

2021 ◽  
Vol 5 (3) ◽  
pp. 43-52
Author(s):  
Valentinas Navickas ◽  
Ieva Petroke ◽  
Vaida Baciuliene ◽  
Aleksandr Kljucnikov
Keyword(s):  
Business Models ◽  
Secondary Data ◽  
Sharing Economy ◽  
Economic Activities ◽  
Environmental Friendliness ◽  
Scientific Discussion ◽  
Market Participants ◽  
Tourism Sector ◽  
New Business ◽  
Favorable Conditions

The sharing economy is rapidly gaining popularity, especially in the tourism sector. The sharing economy transforms functioning business models, giving businesses new economic activities and development opportunities. However, while sharing economy-based models are spreading in the world, not only the advantages but also the disadvantages are seen. This paper summarizes the arguments within the scientific discussion on the economic characteristics of sharing economy. It identifies the actions determining the development of sharing economy in the tourism sector. Since it is known that the sharing economy is developing rapidly, the development of the sharing economy is usually analyzed as a whole, regardless of the different sectors. However, the development of the sharing economy in the tourism sector is found to be the fastest. Besides, there is the largest number of stakeholders. Systematization of scientific treatises and approaches concerning the investigated issue indicated that the main drivers for the sharing economy development in the tourism sector are the Internet and technology among tourists, the cyclical nature of the economy, the change of societal values, and environmental friendliness. The methodological base of this research was secondary data analysis. The research empirically confirmed and theoretically proved that the sharing economy in the tourism sector develops rapidly, attracts more and more consumers in the tourism sector, and outpaces traditional business models. The obtained results could be used for analyzing the most favorable conditions to develop new business models in the market, analyze the response of market participants (consumers and traditional business model), promote new business initiatives in the tourism sector, research the sharing economy phenomenon in narrower tourism (transport, entertainment, and tourist information platforms).

scholarly journals The Positive Impact of Implementation Business Intelligence and Big Data in Hospitality and Tourism Sector

2021 ◽  
Vol 11 (6) ◽  
pp. 59-71
Author(s):  
Evaristus Didik Madyatmadja ◽  
◽  
Chairunnissa Nur Aulia Adiba ◽  
David Jumpa Malem Sembiring ◽  
Debri Pristinella ◽  
...  
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Business Models ◽  
Positive Impact ◽  
Tourism Industry ◽  
Journal Articles ◽  
Academic Journal ◽  
Tourism Sector ◽  
Hospitality And Tourism ◽  
Hospitality And Tourism Industry

In today’s digital era, technological developments are increasingly rapid, advanced, and have an incredibly positive impact on every aspect in various sectors (especially in industry). The increase in what is being done with the internet is bound to result in the data population increasing at a very fast rate as well. The huge amount of data and of various types makes it impossible to manage, analyze, interpret, and trace traditionally making it increasingly difficult for the industry to obtain relevant, timely, and unable to perform decision-making analysis due to a lack of time to actually consume the data so the industry has to work hard and spend a lot of money to produce quality information. Business intelligence and big data are forms of implementation that can answer the needs of all the hospitality and tourism industries. The purpose of this research paper is to explore, study, and discuss the results of a comprehensive analysis of many journal articles in understanding research related to the positive impacts in hospitality and tourism sector (especially in industry) after implementing business intelligence and big data based on empirical findings by employing a systematic literature review method from academic journal articles that have been indexed in the Scopus database and the Web of Science. Business intelligence and big data play a crucial role in an organization's digital transformation attempts in general in companies in hospitality and tourism industry, thereby can create a competitive advantage and be able to encourage greater effectiveness, efficiency, and strategies to determine new business models and bring successful and useful change for numerous company businesses in hospitality and tourism industry for numerous company businesses within the in hospitality and tourism industry

scholarly journals Cross-Border Dissemination of Online Content

2020 ◽  
Author(s):  
Mark D. Cole ◽  
Christina Etteldorf ◽  
Carsten Ullrich
Keyword(s):  
Business Models ◽  
National Level ◽  
Legal Framework ◽  
Media Law ◽  
New Business ◽  
Legal Foundations ◽  
Year 2000 ◽  
Changing Role ◽  
New Business Models

Can the rules of the European Union’s E-Commerce Directive, which date back to the year 2000, continue to be valid with regard to the dissemination of content in view of the constantly evolving online environment and the changing role of platforms as a result of new business models? The relevant legal foundations in this respect at EU and national level are complex, and their interplay is often unclear. The resulting uncertainty about who is responsible and therefore liable for certain content requires a critical review of the current legal framework. This study, conducted by the Institute of European Media Law (EMR) on behalf of the State Media Authority NRW, analyses the current legal framework and reveals ways of enforcing the applicable provisions concerning illegal content. It pays special attention to the need for reform of the E-Commerce Directive in light of the changing role of platforms.

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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