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 language | English |
---|---|
Pages (from-to) | 120-131 |
Number of pages | 12 |
Journal | International Journal of Hospitality Management |
Volume | 62 |
DOIs | |
Publication status | Published - 1 Apr 2017 |
Keywords
- Airbnb
- Hotels
- Price determinants
- Quantile regression
- Sharing economy
ASJC Scopus subject areas
- Tourism, Leisure and Hospitality Management
- Strategy and Management