The Effects of Airbnb on Hotels in Norway
Abbas Strømmen-Bakhtiar () and
Evgueni Vinogradov ()
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Abbas Strømmen-Bakhtiar: Graduate School of Business, Nord University, Bodø, Norway
Evgueni Vinogradov: Nordland Research Institute, Bodø, Norway
Society and Economy, 2019, vol. 41, issue 1, 87-105
Abstract:
This paper examines the effects of Airbnb on the Norwegian hotel market, using correlational design and the difference-in-differences statistical method. The fi ndings show that hotels in the regions of Norway where Airbnb is fl ourishing have more guests than the regions with less Airbnb activity. In addition, it seems that Airbnb has a positive effect on the hotel market in Norway. However, as the Airbnb expansion continues, and it diversifi es into the ‘travel business’ and the ‘luxury accommodation’ segment, it will affect the hotel industry. How the hotel industry will respond to this threat remains to be seen, and will provide an interesting subject for future research.
Keywords: peer-to-peer; Airbnb; hotel industry; leisure travel; business travel; travel agencies (search for similar items in EconPapers)
JEL-codes: L83 L85 O18 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aka:soceco:v:41:y:2019:i:1:p:87-105
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