Can Peer-To-Peer Accommodations Act as Lodging a Stepping-Stone for Mega-Events?
Document Type
Article
Publication Date
10-1-2021
Publication Title
Tourism Management Perspectives
Volume
40
Abstract
As cities bid for large-scale conventions, they are frequently thwarted by not having sufficient lodging capacity. At the same time, adding new hotels can have negative long-term effects on the city's lodging industry. Drawing on choice theory, this study postulates that one viable solution may be peer-to-peer accommodations, especially during the recovery stage of the post-COVID-19 environment. In this work, researchers conducted a two-part survey of 1212 participants. Results indicate that there were both business and leisure participants whose first choice was a P2P accommodation (20% business: 35% leisure). Between hotel and P2P accommodation travelers, though, there was a significant difference. For those who indicated that a peer-to-peer accommodation was their first choice, location, number of reviews, and star rating were ranked as the most important aspects of an accommodation. The relative importance of the variables differed by type of accommodation (e.g., shared room, etc.).
Keywords
Conventions; Mega-events; Peer-to-peer accommodations; Willingness-to-pay
Disciplines
Business Administration, Management, and Operations
Repository Citation
Belarmino, A.,
Koh, Y.
(2021).
Can Peer-To-Peer Accommodations Act as Lodging a Stepping-Stone for Mega-Events?.
Tourism Management Perspectives, 40
http://dx.doi.org/10.1016/j.tmp.2021.100914