Price determinants of sharing economy based accommodation rental: A study of listings from 33 cities on Airbnb.com

Dan Wang, Juan L. Nicolau

Research output: Journal article publicationJournal articleAcademic researchpeer-review

254 Citations (Scopus)

Abstract

A key dimension of the hospitality industry is pricing. The aim of this study is to identify the price determinants of sharing economy based accommodation offers in the digital marketplace. Specifically, a sample of 180,533 accommodation rental offers in 33 cities listed on Airbnb.com is investigated using ordinary least squares and quantile regression analysis. Twenty-five explanatory variables in five categories (host attributes, site and property attributes, amenities and services, rental rules, and online review ratings) are explored for the intricacies of the relationships between pricing and its determinants.
Original languageEnglish
Pages (from-to)120-131
Number of pages12
JournalInternational Journal of Hospitality Management
Volume62
DOIs
Publication statusPublished - 1 Apr 2017

Keywords

  • Airbnb
  • Hotels
  • Price determinants
  • Quantile regression
  • Sharing economy

ASJC Scopus subject areas

  • Tourism, Leisure and Hospitality Management
  • Strategy and Management

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