Exploring the relationship between Airbnb and traditional accommodation for regional variations of tourism markets
Birgit Leick,
Bjørnar Karlsen Kivedal,
Mehtap Aldogan Eklund and
Evgueni Vinogradov
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Birgit Leick: 559202University of South-Eastern Norway, Norway
Mehtap Aldogan Eklund: 424786University of Wisconsin–LaCrosse, USA
Evgueni Vinogradov: 87473Nordland Research Institute, Norway
Tourism Economics, 2022, vol. 28, issue 5, 1258-1279
Abstract:
The relationship between Airbnb-based and traditional accommodation is mainly documented for key tourist destinations with a large tourism sector, while there is almost no evidence on this for other destinations. This article focuses on regional variations in the relationship between Airbnb-based and traditional accommodation across primary and secondary tourist destinations in Norway. Through an exploratory cluster analysis and a panel vector autoregressive (PVAR) model with forecast error decomposition of shocks (unobserved effects), it finds evidence of spillovers from Airbnb-based accommodation to traditional accommodation in secondary destinations. The demand for traditional accommodation is positively affected by Airbnb demand in the long run. Interestingly, a smaller effect is found with the supply-side of regional tourism markets in the Norwegian secondary tourist destinations. The growth of Airbnb may, thus, spur growth in the general tourism sector in such less frequented destinations.
Keywords: Airbnb; cluster analysis; FEVD; regional variations; shared accommodation; traditional accommodation (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:28:y:2022:i:5:p:1258-1279
DOI: 10.1177/1354816621990173
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