Abstract

This paper constructs a comparative analysis to investigate the impact of sharing economy on the traditional hotel industry, using data collected from Airbnb and their hotel counterparts CTrip in ten major cities in China. Comparative static analysis and a multivariate regression model are used to draw the following conclusions: firstly, there exists a weakly negative impact of sharing accommodation rental on the traditional hotel industry. Airbnb’s listing price and hotel price are weakly negatively associated. Moreover, the overall occupancy rate and rating of Airbnb listings do not significantly influence hotel price. Hotel price is mainly affected by hotel ratings and the average local income. The main findings offer managerial insights to managers in Airbnb and hotels.

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