Abstract
Purpose: The research purpose is to conceptualize competitive productivity (CP) in the peer-to-peer (P2P) accommodation businesses. This study aims to conceptualize the four driving forces of P2P hosts’ CP and to empirically capture guest-based equity that supports such conceptual hosts’ CP model. Design/methodology/approach: The goal of this paper is to apply Bauman’s Firm competitive productivity (FCP) model to the P2P accommodation business to conceptualize the CP of micro-entrepreneurial hosts. Four areas of the FCP model were reviewed to find how each of them contributes to the P2P hosts’ CP maximization. Findings: Host talent, host resource management, value and host branding were conceptualized as key drivers of P2P hosts’ CP. The study also filled a gap in current literature by empirically analyzing online reviews to successfully capture key guest-based equity as satisfiers contributing to host talent, resource and branding. Practical implications: Based on the hosts’ CP model, customer-generated resources play a significant role in the managerial implications, so that guest reviews with needs and wants and ratings can be empirically used to strengthen hosts’ CP under specific market circumstances. Originality/value: This study is the first attempt to conceptualize a P2P host as a micro-entrepreneurial firm in the sharing economy platform for CP. This study looked at how the unique characteristics of the P2P accommodation industry and guest-based equity affect the P2P hosts’ CP.
| Original language | English |
|---|---|
| Pages (from-to) | 3003-3020 |
| Number of pages | 18 |
| Journal | International Journal of Contemporary Hospitality Management |
| Volume | 33 |
| Issue number | 9 |
| Early online date | 14 Jun 2021 |
| DOIs | |
| Publication status | Published - 15 Sept 2021 |
| Externally published | Yes |
Keywords
- Competitive productivity (CP)
- Guest-based equity
- Micro-entrepreneur
- Online review
- P2P hot spot analysis
- Peer-to-peer accommodation
ASJC Scopus subject areas
- Tourism, Leisure and Hospitality Management