Data Science and Analytics for Decision Support (SIG DSA)
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Paper Type
Complete
Paper Number
1178
Description
During the last few years, we have witnessed remarkable growth in the sharing economy. Since 2008, Airbnb revolutionizes the travel industry; Airbnb is an enabled digital sharing economy platform that is a profoundly alternative to the lodging sectors. Have you ever used Airbnb services (as a host or guest)?. This study is an exploratory analysis study to understand the rental landscape in Austin, Texas (ATX) through various static and interactive visualizations methods. Our study focuses on the impact of a peer-to-peer accommodation platform on the local economy and the lodging industry; and how positives reviews promote the most lucrative listing, accommodation, or host. Our findings elevate Airbnb's colossal impact on the Austin economy and lodging sectors. We found that offering the entire property in a good location with high cleaning standards is attractive on the Airbnb platform, which means more lucrative.
Recommended Citation
Nash, Kyle, "Data Visualization Can Shifts our Sharing Economy Perceptions: Austin, Texas Airbnb Landscape" (2021). AMCIS 2021 Proceedings. 4.
https://aisel.aisnet.org/amcis2021/data_science_decision_support/data_science_decision_support/4
Data Visualization Can Shifts our Sharing Economy Perceptions: Austin, Texas Airbnb Landscape
During the last few years, we have witnessed remarkable growth in the sharing economy. Since 2008, Airbnb revolutionizes the travel industry; Airbnb is an enabled digital sharing economy platform that is a profoundly alternative to the lodging sectors. Have you ever used Airbnb services (as a host or guest)?. This study is an exploratory analysis study to understand the rental landscape in Austin, Texas (ATX) through various static and interactive visualizations methods. Our study focuses on the impact of a peer-to-peer accommodation platform on the local economy and the lodging industry; and how positives reviews promote the most lucrative listing, accommodation, or host. Our findings elevate Airbnb's colossal impact on the Austin economy and lodging sectors. We found that offering the entire property in a good location with high cleaning standards is attractive on the Airbnb platform, which means more lucrative.
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