The End of the Sharing Economy? Impact of COVID-19 on Airbnb in Germany

Jennifer Gossen () and Fabian Reck ()
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Jennifer Gossen: Zeppelin University of Friedrichshafen, Friedrichshafen, Germany
Fabian Reck: Zeppelin University of Friedrichshafen, Friedrichshafen, Germany

Economic Research Guardian, 2021, vol. 11, issue 2, 255-269

Abstract: This paper analyzes the effect the COVID-19 pandemic is having on the sharing economy. We focus on hosts’ behavior in the German shared housing market and examine hosts’ adaption to the pandemic state. Using monthly data from January 2019 until December 2020 for the city of Berlin, we conduct a probit model regression analysis and investigate the influence of several Airbnb-listing-specific factors and unemployment on the probability of renting the Airbnb accommodation. Through this big data analysis, we find that hosts switch from short-term to long-term options and rent relatively more entire apartments than shared ones during the COVID-19 pandemic compared to the pre-pandemic state.

Keywords: Sharing Economy; COVID-19; Peer-to-Peer Accommodation; Big Data (search for similar items in EconPapers)
JEL-codes: E24 L83 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:11:y:2021:i:2:p:255-269

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