Spatial coopetition and peer-to-peer accommodation price
Hanna Lee,
Seongsoo Jang and
Jinwon Kim
Annals of Tourism Research, 2024, vol. 109, issue C
Abstract:
Peer-to-peer accommodation prices can be derived from individual accommodation and destination characteristics. This study focuses on spatially coopetitive pricing among peer-to-peer accommodations at both individual and clustered levels. Applying spatial analytical techniques to 2090 Airbnb properties across 275 census tracts in Miami-Dade County, Florida, we model peer-to-peer accommodation prices based on three coopetition antecedents: market commonality, resource similarity, and supply commonality. The results reveal the presence of three clusters of spatially coopetitive pricing dynamics, namely, cooperation-dominant, competition-dominant, and balanced coopetition, across coopetition precursors. This study offers practical guidance for accommodation rental platforms, hosts, and policymakers regarding the role of coopetitive pricing strategies shaped by tourism demand, supply, and resources within and across tourism destinations.
Keywords: Spatial coopetition; Peer-to-peer accommodation price; Market commonality; Resource similarity; Supply commonality (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0160738324001038
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:109:y:2024:i:c:s0160738324001038
DOI: 10.1016/j.annals.2024.103826
Access Statistics for this article
Annals of Tourism Research is currently edited by John Tribe
More articles in Annals of Tourism Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().