Journal ArticleDOI
Airbnb: disruptive innovation and the rise of an informal tourism accommodation sector.
TLDR
In this paper, the authors explore the emergence of Airbnb, a company whose website permits ordinary people to rent out their residences as tourist accommodation, and examine its rise through the lens of disruptive innovation theory, which describes how products that lack in traditionally favored attributes but offer alternative benefits can, over time, transform a market and capture mainstream consumers.Abstract:
This article explores the emergence of Airbnb, a company whose website permits ordinary people to rent out their residences as tourist accommodation. The company was just recently established, but it has grown extremely rapidly and is now selling many millions of room nights annually. This rise is examined through the lens of disruptive innovation theory, which describes how products that lack in traditionally favoured attributes but offer alternative benefits can, over time, transform a market and capture mainstream consumers. The concepts of disruptive innovation are used to consider Airbnb's novel business model, which is built around modern internet technologies, and Airbnb's distinct appeal, which centres on cost-savings, household amenities, and the potential for more authentic local experiences. Despite Airbnb's growing popularity, many Airbnb rentals are actually illegal due to short-term rental regulations. These legality issues and their corresponding tax concerns are discussed, with an overview...read more
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Journal Article
Trust and Reputation in the Sharing Economy: the Role of Personal Photos in Airbnb
TL;DR: This article found that the more trustworthy the host is perceived to be from her photo, the higher the price of the listing and the probability of its being chosen, and that a host's reputation, communicated by her online review scores, has no effect on listing price or likelihood of consumer booking.
Journal ArticleDOI
Trust and reputation in the sharing economy: The role of personal photos in Airbnb
TL;DR: The authors found that the more trustworthy the host is perceived to be from her photo, the higher the price of the listing and the probability of its being chosen, and that a host's reputation, communicated by her online review scores, has no effect on listing price or likelihood of consumer booking.
Journal ArticleDOI
Sharing economy: A review and agenda for future research
TL;DR: In this paper, the authors provide an objective, systematic and holistic review of the sharing economy (SE) academic literature to uncover the theoretical foundations and key themes underlying the field by using co-citation analysis and content analysis.
Journal ArticleDOI
Impacts of Peer-to-Peer Accommodation Use on Travel Patterns
Iis P. Tussyadiah,Juho Pesonen +1 more
TL;DR: In this article, the authors identify how the use of peer-to-peer accommodation leads to changes in travelers' behavior and identify how these changes can affect expansion in destination selection, increase in travel frequency, length of stay, and range of activities participated in tourism destinations.
Journal ArticleDOI
Why Tourists Choose Airbnb: A Motivation-Based Segmentation Study:
TL;DR: In this paper, the authors investigate tourists' motivations for using Airbnb and find that the majority of tourists use the service for short-term stays. But they do not consider the long-term use of the service.
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Posted Content
What Is Web 2.0: Design Patterns and Business Models for the Next Generation of Software
TL;DR: This paper was the first initiative to try to define Web 2.0 and understand its implications for the next generation of software, looking at both design patterns and business modes.
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The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
TL;DR: In this article, the authors propose a set of rules for managers to measure when traditional good management principles should be followed or rejected, based on the analysis of the disk drive industry, and demonstrate how a manager can overcome the challenges of disruptive technologies using these principles of disruptive innovation.
Journal ArticleDOI
A survey of trust and reputation systems for online service provision
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Journal ArticleDOI
Staged Authenticity: arrangements of social space in tourist settings
TL;DR: In this article, the authors examined accounts of travelers in terms of Erving Goffman's front versus back distinction and found that tourists try to enter back regions of the places they visit because these regions are associated with intimacy of relations and authenticity of experiences.
Journal ArticleDOI
Reputation systems
TL;DR: Systems T he Internet offers vast new opportunities to interact with total strangers, but these interactions can be fun, informative, even profitable, but they also involve risk.