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Drivers and barriers of peer-to-peer accommodation stay – an exploratory study with American and Finnish travellers

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  • Iis P. Tussyadiah
  • Juho Pesonen

Abstract

The explosive growth of peer-to-peer (P2P) accommodation service presents a potential transformation in the competitive landscape of accommodation sector. This research explores the market characteristics and the factors that drive and hinder the use of P2P accommodation to better explain the phenomenon of collaborative consumption in the tourism and hospitality marketplace. Using responses from travellers residing in the United States and Finland, exploratory factor analyses revealed two factors that drive the use of P2P accommodation: social appeal (desire for community and sustainability) and economic appeal (cost savings). The barriers include issues of trust, efficacy and familiarity with the system, and cost. The empirical evidence from this study suggests several managerial implications for tourism and hospitality businesses and directions for future research.

Suggested Citation

  • Iis P. Tussyadiah & Juho Pesonen, 2018. "Drivers and barriers of peer-to-peer accommodation stay – an exploratory study with American and Finnish travellers," Current Issues in Tourism, Taylor & Francis Journals, vol. 21(6), pages 703-720, April.
    • Handle: RePEc:taf:rcitxx:v:21:y:2018:i:6:p:703-720
    DOI: 10.1080/13683500.2016.1141180
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    Cited by:

    1. Mehmet S. Güçlü & Oya Erdil & Hakan Kitapçı & Erkut Altındağ, 2023. "How Consumer Motivations to Participate in Sharing Economy Differ Across Developed and Developing Countries: A Comparative Study of Türkiye and Canada," SAGE Open, , vol. 13(2), pages 21582440231, May.
    2. Ao Sun & Lin Chen & Kunimitsu Yoshida & Meng Qu, 2023. "Spatial Patterns and Determinants of Bed and Breakfasts in the All-for-One Tourism Demonstration Area of China: A Perspective on Urban–Rural Differences," Land, MDPI, vol. 12(9), pages 1-21, September.
    3. Tamar Meshulam & David Font‐Vivanco & Vered Blass & Tamar Makov, 2023. "Sharing economy rebound: The case of peer‐to‐peer sharing of food waste," Journal of Industrial Ecology, Yale University, vol. 27(3), pages 882-895, June.
    4. Lasika Madhawa Munasinghe & Terans Gunawardhana & Nishani Champika Wickramaarachchi & Ranthilaka Gedara Ariyawansa, 2023. "Peer-to-Peer Accommodation User Experience: Evidence From Sri Lanka," SAGE Open, , vol. 13(4), pages 21582440231, October.

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