Revenue challenges for hotels in the sharing economy: facing the Airbnb menace
Gabor Forgacs () and
Frederic Dimanche
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Gabor Forgacs: Ryerson University
Frederic Dimanche: Ryerson University
Journal of Revenue and Pricing Management, 2016, vol. 15, issue 6, No 7, 509-515
Abstract:
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.
Keywords: revenue management; strategic revenue management; Airbnb; sharing economy (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jorapm:v:15:y:2016:i:6:d:10.1057_s41272-016-0071-z
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DOI: 10.1057/s41272-016-0071-z
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