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Student PublicationsStudent ScholarshipSpring 2018Airbnb's Effect on the Hospitality IndustryEric A. DouglasGettysburg CollegeFollow this and additional works at:Part of theFinance Commons, and theTourism and Travel CommonsShare feedbackabout the accessibility of this item.This is the author's version of the work. This publication appears in Gettysburg College's institutional repository by permission of thecopyright owner for personal use, not for redistribution. Cupola permanent link: 608This open access student research paper is brought to you by The Cupola: Scholarship at Gettysburg College. It has been accepted forinclusion by an authorized administrator of The Cupola. For more information, please contact[email protected].Douglas, Eric A., "Airbnb's Effect on the Hospitality Industry" (2018).Student Publications. 608.
Airbnb's Effect on the Hospitality IndustryAbstractI examined the effect that Airbnb’s entrance into and disruption of the hospitality market in 2011 had on hotelroom rates across the world by 2017. Hotel room rates were taken from published data tables rather than myown analysis because of an unavailability of raw hotel pricing data. Price comparisons between current Airbnband hotel room rates were researched to see if one method of accommodation would be better than the other.Twenty-seven cities’ hotel rate averages and Airbnb entire-home prices were averaged and compared. Therewas a significant difference in hotel room rates between 2011 and 2017, during which prices rose, potentiallyas a factor of the willingness for consumers to spend more. No significant difference in 2017 Airbnb entire-home and 2017 hotel room prices was found. Mediation of Airbnb’s entry into the market was not tested itcannot be stated whether this itself had a significant effect.Keywordsgig economy, hospitality industry, AirbnbDisciplinesBusiness | Finance | Tourism and TravelCommentsWritten as a senior capstone for Management Studies.This student research paper is available at The Cupola: Scholarship at Gettysburg College:student_scholarship/608
Running head: AIRBNB’S EFFECT ON HOTELS1Airbnb’s Effect on the Hospitality IndustryDrew DouglasGettysburg College
AIRBNB’S EFFECT ON HOTELS2AbstractI examined the effect that Airbnb’s entrance into and disruption of the hospitality market in 2011had on hotel room rates across the world by 2017. Hotel room rates were taken from publisheddata tables rather than my own analysis because of an unavailability of raw hotel pricing data.Price comparisons between current Airbnb and hotel room rates were researched to see if onemethod of accommodation would be better than the other. Twenty-seven cities’ hotel rateaverages and Airbnb entire-home prices were averaged and compared. There was a significant

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