Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/107075
Title: | Substitution between sharing accommodation and hotels : a behavioral economic demand curve analysis | Authors: | Lin, G Chen, JL Li, G Song, H |
Issue Date: | Jan-2024 | Source: | Annals of tourism research, Jan. 2024, v. 104, 103716 | Abstract: | Researchers have confirmed the substitution of sharing accommodation for hotels. The existing assessments of the substitution have primarily focused on the inverse relationship between sharing accommodation supply and hotel performance, with a lack of examination based on demand curve analysis. This study utilizes behavioral economic demand models to construct alone-price/own-price demand curves for hotels and cross-price demand curves for sharing accommodation to quantify the substitutive relationship between sharing accommodation and different hotel types. Furthermore, we explore the variations in this substitutive relationship by travel companion and customer group. The analysis is dual-directional, including both the substitutability of sharing accommodation for hotels and the reverse relationship. The findings inform market competition strategies for hotels and sharing accommodation. | Keywords: | B&B Behavioral economics Demand curve Hotels Sharing accommodation Substitution |
Publisher: | Elsevier Ltd | Journal: | Annals of tourism research | ISSN: | 0160-7383 | EISSN: | 1873-7722 | DOI: | 10.1016/j.annals.2023.103716 | Rights: | © 2023 The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). The following publication Lin, G., Chen, J. L., Li, G., & Song, H. (2024). Substitution between sharing accommodation and hotels: A behavioral economic demand curve analysis. Annals of Tourism Research, 104, 103716 is available at https://doi.org/10.1016/j.annals.2023.103716. |
Appears in Collections: | Journal/Magazine Article |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
1-s2.0-S0160738323001895-main.pdf | 1.05 MB | Adobe PDF | View/Open |
Page views
10
Citations as of Jun 30, 2024
Downloads
4
Citations as of Jun 30, 2024
![](/image/google_scholar.jpg)
Google ScholarTM
Check
Altmetric
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.