IDEAS home Printed from https://ideas.repec.org/a/bum/cactus/v6y2024i1p43-53.html
   My bibliography  Save this article

The Competitive Advantage Of Airbnb In The Perception Of Tourists

Author

Listed:
  • Maria-Alexandra Sandu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Elena-Mihaela Purecel

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Airbnb has experienced rapid growth, with millions of tourists using its service. This study seeks to identify the main reasons why tourists choose to use the Airbnb platform and its competitive advantages. To this end, onlineresearch was conducted with a sample of 49 respondents who have already used this type of service. The main results of the study show that price (53.1%), followed by the flat's facilities (22.4%) and location (20.4%) are themain motives for choosing Airbnb accommodation. When rating the importance of the main features that characterise Airbnb, 67.35% of respondents considered price to be very important and 65.31% rated location the same. In terms of satisfaction, the majority of respondents (59.2%) said they had a very satisfactory experience.Had Airbnb not existed, 53.1% of respondents would have opted for a hotel room. Hotels are therefore a major competitor for Airbnb and the advantages and independence of the services should be maintained or even improved.

Suggested Citation

  • Maria-Alexandra Sandu & Elena-Mihaela Purecel, 2024. "The Competitive Advantage Of Airbnb In The Perception Of Tourists," Cactus - The tourism journal for research, education, culture and soul, Bucharest University of Economic Studies, vol. 6(1), pages 43-53.
  • Handle: RePEc:bum:cactus:v:6:y:2024:i:1:p:43-53
    as

    Download full text from publisher

    File URL: https://cactus-journal-of-tourism.ase.ro/wp-content/uploads/2024/07/II.4-Sandu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Iis P. Tussyadiah, 2015. "An Exploratory Study on Drivers and Deterrents of Collaborative Consumption in Travel," Springer Books, in: Iis Tussyadiah & Alessandro Inversini (ed.), Information and Communication Technologies in Tourism 2015, edition 127, pages 817-830, Springer.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Frederik Plewnia & Edeltraud Guenther, 2017. "Advancing a sustainable sharing economy with interdisciplinary research [Der Beitrag interdisziplinärer Forschung zu einer nachhaltigen Sharing Economy]," Sustainability Nexus Forum, Springer, vol. 25(1), pages 117-124, June.
    2. Valeria Andreoni, 2020. "The Trap of Success: A Paradox of Scale for Sharing Economy and Degrowth," Sustainability, MDPI, vol. 12(8), pages 1-17, April.
    3. Daisy Bertrand & Pierre-Yves Léo & Jean Philippe, 2019. "The New Go-Between Services: Peer-To-Peer Sharing Platforms In Hospitality Services," Post-Print hal-02299130, HAL.
    4. Petit, Gillian & Cameron, Anna & Khanal, Mukesh & Tedds, Lindsay M., 2022. "A Comparative Analysis of Short-Term Rental Regulations in Six Alberta Municipalities," MPRA Paper 112671, University Library of Munich, Germany.
    5. Činjarević Merima & Kožo Amra & Berberović Denis, 2019. "Sharing is Caring, and Millennials Do Care: Collaborative Consumption through the Eyes of Internet Generation," South East European Journal of Economics and Business, Sciendo, vol. 14(1), pages 49-60, June.
    6. Ert, Eyal & Fleischer, Aliza & Magen, Nathan, 2016. "Trust and reputation in the sharing economy: The role of personal photos in Airbnb," Tourism Management, Elsevier, vol. 55(C), pages 62-73.
    7. Francesca De Canio & Davide Pellegrini & Elisa Martinelli, 2018. "Is the collaborative consumption the new buying? Social and economic aspects influencing collaborative consumption," MERCATI & COMPETITIVIT?, FrancoAngeli Editore, vol. 2018(1), pages 19-38.
    8. Tedds, Lindsay M. & Cameron, Anna & Khanal, Mukesh & Crisan, Daria, 2021. "Why Existing Regulatory Frameworks Fail in the Short-term Rental Market: Exploring the Role of Regulatory Fractures," MPRA Paper 106712, University Library of Munich, Germany.
    9. Adam Pawlicz & Ema Petaković & Ana-Marija Vrtodušić Hrgović, 2022. "Beyond Airbnb. Determinants of Customer Satisfaction in P2P Accommodation in Time of COVID-19," Sustainability, MDPI, vol. 14(17), pages 1-15, August.
    10. Park, Hyejune & Joyner Armstrong, Cosette M., 2019. "Will “no-ownership†work for apparel?: Implications for apparel retailers," Journal of Retailing and Consumer Services, Elsevier, vol. 47(C), pages 66-73.
    11. Haoxiao Li & Haoyu Wen, 2019. "How Is Motivation Generated in Collaborative Consumption: Mediation Effect in Extrinsic and Intrinsic Motivation," Sustainability, MDPI, vol. 11(3), pages 1-13, January.
    12. Iago Lestegás & João Seixas & Rubén-Camilo Lois-González, 2019. "Commodifying Lisbon: A Study on the Spatial Concentration of Short-Term Rentals," Social Sciences, MDPI, vol. 8(2), pages 1-15, January.
    13. Ulrich Gunter & Irem Önder, 2018. "Determinants of Airbnb demand in Vienna and their implications for the traditional accommodation industry," Tourism Economics, , vol. 24(3), pages 270-293, May.
    14. Asad Mohsin & Jorge Lengler, 2021. "Airbnb Hospitality: Exploring Users and Non-Users’ Perceptions and Intentions," Sustainability, MDPI, vol. 13(19), pages 1-20, September.
    15. Patrizia Gazzola & Elena‐Mădălina Vătămănescu & Andreia Gabriela Andrei & Chiara Marrapodi, 2019. "Users' motivations to participate in the sharing economy: Moving from profits toward sustainable development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 741-751, July.
    16. Ebru Tumer Kabadayi & Nilsah Cavdar Aksoy & Nihal Yazici & Alev Kocak Alan, 2022. "Airbnb as a sharing economy-enabled digital service platform: The power of motivational factors and the moderating role of experience," Tourism Economics, , vol. 28(3), pages 748-771, May.
    17. Dabbous, Amal & Tarhini, Abbas, 2019. "Assessing the impact of knowledge and perceived economic benefits on sustainable consumption through the sharing economy: A sociotechnical approach," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
    18. Jancsik, András & Michalkó, Gábor & Csernyik, Márta, 2018. "Megosztás megosztottság nélkül - az Airbnb és a budapesti szálláshelypiac átalakulása [Shared but not divided: Airbnb and transformation of the accommodation market in Budapest]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 259-286.
    19. van der Cruijsen, Carin & Doll, Maurice & van Hoenselaar, Frank, 2019. "Trust in other people and the usage of peer platform markets," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 751-766.
    20. Brendan Richard & Jamie Murphy & Laura Altin, 2018. "Premium offerings in the sharing economy: Authentic immersions," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 17(4), pages 244-255, August.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bum:cactus:v:6:y:2024:i:1:p:43-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Bulin (email available below). General contact details of provider: https://edirc.repec.org/data/fcasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.