Summary of representative studies
| Study | Platform | Methodology | Outcome | Factor | Moderator | Key findings |
|---|---|---|---|---|---|---|
| Zervas et al. (2017) | Airbnb | Econometrics | Hotel room revenue | Airbnb listings | Hotel type | Airbnb's entry has a causal effect of 8–10% on hotel revenue |
| Gutiérrez et al. (2017) | Airbnb | Econometrics | Location distribution | Distance, activity, land use | – | There is a close spatial relationship between Airbnb and hotels, with a marked center-periphery pattern, and Airbnb capitalizes more on the advantages of proximity to the city's main tourist attractions than does the hotel sector |
| Li and Srinivasan (2019) | Airbnb | Econometrics | Competitive landscape | Airbnb entry | Market conditions | Airbnb has an impact on hotel sales and hotels' transformation in business models. The market conditions, including seasonal pricing pattern, hotel prices, and quality, the supply elasticity of home-sharing platforms, play a crucial role in determining the effect of home-sharing on the hotel industry |
| Filippas et al. (2020) | Airbnb | Analytical survey | Ownership decision | Estimated usage, income, unpredictability, chunkiness | – | Sharing-economy markets always expand consumption and increase surplus, but may increase or decrease ownership |
| Fu et al. (2021) | P2P accommodation sharing platform | Experiment | Accommodation choice | Review volume, review valence, discount strategy | Price acceptance ranges | Positive valence rate of reviews has a higher impact on the selection of traditional hotels than P2P accommodations, while the number of online reviews has a higher impact on the selection of P2P accommodations than traditional hotels |
| This study | Xiaozhu | Econometrics | Housing rental price | Platform entry | City tier, prices of new houses, prices of second-hand houses | The entry of home-sharing platforms will decrease local housing rental prices. Moreover, this impact would be strengthened in a more developed city. Additionally, this impact would be strengthened with a higher price of new houses or second-hand houses |
| Study | Platform | Methodology | Outcome | Factor | Moderator | Key findings |
|---|---|---|---|---|---|---|
| Airbnb | Econometrics | Hotel room revenue | Airbnb listings | Hotel type | Airbnb's entry has a causal effect of 8–10% on hotel revenue | |
| Airbnb | Econometrics | Location distribution | Distance, activity, land use | – | There is a close spatial relationship between Airbnb and hotels, with a marked center-periphery pattern, and Airbnb capitalizes more on the advantages of proximity to the city's main tourist attractions than does the hotel sector | |
| Airbnb | Econometrics | Competitive landscape | Airbnb entry | Market conditions | Airbnb has an impact on hotel sales and hotels' transformation in business models. The market conditions, including seasonal pricing pattern, hotel prices, and quality, the supply elasticity of home-sharing platforms, play a crucial role in determining the effect of home-sharing on the hotel industry | |
| Airbnb | Analytical survey | Ownership decision | Estimated usage, income, unpredictability, chunkiness | – | Sharing-economy markets always expand consumption and increase surplus, but may increase or decrease ownership | |
| P2P accommodation sharing platform | Experiment | Accommodation choice | Review volume, review valence, discount strategy | Price acceptance ranges | Positive valence rate of reviews has a higher impact on the selection of traditional hotels than P2P accommodations, while the number of online reviews has a higher impact on the selection of P2P accommodations than traditional hotels | |
| This study | Xiaozhu | Econometrics | Housing rental price | Platform entry | City tier, prices of new houses, prices of second-hand houses | The entry of home-sharing platforms will decrease local housing rental prices. Moreover, this impact would be strengthened in a more developed city. Additionally, this impact would be strengthened with a higher price of new houses or second-hand houses |
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