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Revenue challenges for hotels in the sharing economy: facing the Airbnb menace

Author

Listed:
  • Gabor Forgacs

    (Ryerson University)

  • Frederic Dimanche

    (Ryerson University)

Abstract

This paper discusses the reasons behind the success of Airbnb and provides a brief analysis of their business model. The possible revenue effect on the hotel industry is discussed as well as some suggested strategic measures that hotels may consider for successfully competing in the rapidly changing market for holding their fair share of accommodation demand.

Suggested Citation

  • Gabor Forgacs & Frederic Dimanche, 2016. "Revenue challenges for hotels in the sharing economy: facing the Airbnb menace," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 15(6), pages 509-515, December.
    • Handle: RePEc:pal:jorapm:v:15:y:2016:i:6:d:10.1057_s41272-016-0071-z
    DOI: 10.1057/s41272-016-0071-z
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    Citations

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    Cited by:

    1. Chaang-Iuan Ho & Tzong-Shyuan Chen & Chin-Pei Li, 2023. "Airbnb’s Negative Externalities from the Consumer’s Perspective: How the Effects Influence the Booking Intention of Potential Guests," Sustainability, MDPI, vol. 15(11), pages 1-28, May.
    2. Govindan, Kannan & Shankar, K. Madan & Kannan, Devika, 2020. "Achieving sustainable development goals through identifying and analyzing barriers to industrial sharing economy: A framework development," International Journal of Production Economics, Elsevier, vol. 227(C).
    3. Lim, Weng Marc, 2020. "The sharing economy: A marketing perspective," Australasian marketing journal, Elsevier, vol. 28(3), pages 4-13.
    4. Ruggero Sainaghi & Mehmet Ali Köseoglu & Fuad Mehraliyev, 2021. "The intellectual structure of the sharing economy," Tourism Economics, , vol. 27(5), pages 1137-1156, August.
    5. Hofmann, Eva & Hoelzl, Erik & Sabitzer, Thomas & Hartl, Barbara & Marth, Sarah & Penz, Elfriede, 2022. "Coercive and legitimate power in the sharing economy: Examining consumers’ cooperative behavior and trust," Journal of Economic Psychology, Elsevier, vol. 93(C).
    6. Mohammed Alraeeini & Qiuyan Zhong & Elena Antarciuc, 2019. "Analysing Drivers and Barriers of Accommodation Sharing in Dubai Using the Grey-DEMATEL Approach," Sustainability, MDPI, vol. 11(20), pages 1-24, October.
    7. Steven Kane Curtis & Matthias Lehner, 2019. "Defining the Sharing Economy for Sustainability," Sustainability, MDPI, vol. 11(3), pages 1-25, January.

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