A Game Theory approach to Airbnb and hotels competition

被引:0
|
作者
Pedro Aznar, Juan [1 ]
Sayeras Maspera, Josep Maria [1 ]
Quer, Xavier [1 ]
机构
[1] Ramon LLull Univ, Econ Finance & Accounting Dept, ESADE Business & Law Sch, Ave Pedralbes 60-62, Barcelona 08034, Spain
来源
关键词
Airbnb; pricing strategy; quality; sequential game;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The rapid growth of Airbnb listings has represented a challenge for hotels. While most of the existent literature has focused on empirically measuring the impact of Airbnb listings on hotels' revenues and profitability, the present research is one of the first attempts to develop a theoretical framework based on game theory to model a hotel's best response in terms of investment to improve the quality of service and pricing strategy. The model results suggest that hotel location, the average value of long-term rental contracts and the density of available apartments influence the hotel strategy. (C) 2019 Varna University of Management. All rights reserved.
引用
收藏
页码:119 / 123
页数:5
相关论文
共 50 条
  • [41] Competition vs. collaboration in the generation and adoption of a sequence of new technologies: a game theory approach
    Li, Mo
    Bang Nguyen
    Yu, Xiaoyu
    TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2016, 28 (03) : 348 - 379
  • [42] The Complementary and Substitutive Impact of Airbnb on The Bankruptcy of Traditional Hotels in The City of Barcelona
    Mate-Sanchez-Val, Mariluz
    JOURNAL OF HOSPITALITY & TOURISM RESEARCH, 2021, 45 (04) : 610 - 628
  • [43] The resilience of the lodging industry during the pandemic: Hotels vs. Airbnb
    Dogru, Tarik
    Hanks, Lydia
    Suess, Courtney
    Line, Nathan
    Mody, Makarand
    INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT, 2023, 109
  • [44] What is happening in Paris? Airbnb, hotels, and the Parisian market: A case study
    Heo, Cindy Yoonjoung
    Blal, Ines
    Choi, Miju
    TOURISM MANAGEMENT, 2019, 70 : 78 - 88
  • [45] Airbnb and hotels during COVID-19: different strategies to survive
    Gyodi, Kristof
    INTERNATIONAL JOURNAL OF CULTURE TOURISM AND HOSPITALITY RESEARCH, 2022, 16 (01) : 168 - 192
  • [46] A Review of Game Theory Applications for Seaport Cooperation and Competition
    Pujats, Karlis
    Golias, Mihalis
    Konur, Dincer
    JOURNAL OF MARINE SCIENCE AND ENGINEERING, 2020, 8 (02)
  • [47] Indoor air quality of new hotels: Grey theory approach
    Chan, Wilco
    Lee, Shuncheng
    Chan, Jazz
    Chen, Youming
    Mak, Barry
    Zheng, Cong
    Guo, Xingguo
    FIRST INTERNATIONAL CONFERENCE ON BUILDING ENERGY AND ENVIRONMENT, PROCEEDINGS VOLS 1-3, 2008, : 745 - 750
  • [48] Competition of Forward and Reverse Supply Chain for Selling Two Substitutable Products: Novel Game Theory Approach
    Mondal A.
    Jana D.K.
    Jana R.K.
    Operations Research Forum, 3 (4)
  • [49] Effects of Territory Competition and Climate Change on Timing of Arrival to Breeding Grounds: A Game-Theory Approach
    Johansson, Jacob
    Jonzen, Niclas
    AMERICAN NATURALIST, 2012, 179 (04): : 463 - 474
  • [50] The impact of Airbnb on the economic performance of independent hotels: an empirical investigation of the moderating effects
    Destefanis, Alessandro
    Neirotti, Paolo
    Paolucci, Emilio
    Raguseo, Elisabetta
    CURRENT ISSUES IN TOURISM, 2022, 25 (21) : 3534 - 3564