In what is called collaborative consumption, the sharing economy or the peer economy, individuals can act as a taxi service, car hire firm or boutique hotel as and when it suits them. These companies typically have an eBay-style rating or review system so people on both sides of the transaction can trust each other. The model works for items that are expensive to buy and are owned by people who do not make full use of them. An example of the sharing economy is Airbnb. Airbnb is a peer-to-peer online marketplace and homestay network that allows people to list or rent short-term lodging in residential properties. It connects people, at any price point, in more than 34,000 cities and 191 countries. Bjorn Hanson, clinical professor at the Hospitality
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Attracted by low prices and the promise of a unique experience, more and more travellers choose shared accommodations over traditional hotels. Therefore, it is commonly believed that Airbnb is a threat to the hotel industry because it has cost advantages and offers a unique and local experience, whereas others do not think it is a threat.
There are two arguments that support the point of view that Airbnb is not a threat to the hotel industry. The first argument is that most Airbnb properties do not include amenities and services, while hotels do. The second argument is that Airbnb is in the lodging business, whereas hotels are in the hospitality business.
Many argue that Airbnb is not a threat to the hotel industry because many of its properties do not offer the same amenities, services, and trust as hotels. Examples of these amenities and services are complimentary …show more content…
Especially for guests who stay more than one or two nights, an equipped kitchen and living area is very much appreciated. Guests can save money by cooking their own meal once in a while; also, there is the possibility to spend time together with friends or family in a living room instead of a small hotel room. Furthermore, Randall T. Cook said, “I think the younger generation does not want four people to pick their bags up at the curb and then they have to tip this person and that person. They would rather be in a cool neighbourhood with bigger rooms, bigger space, maybe with a kitchen that makes them feel like, hey, this is what it feels like to live in San Francisco or Chicago” (Glusac). In conclusion, the fact that guests can experience the city from a different angle and have the opportunity to have a fully equipped house or apartment is the third reason why Airbnb is a threat to the hotel industry.
Some people have the point of view that Airbnb is not a threat to the hotel industry because most properties do not offer amenities and it lacks the hospitality aspect; on the contrary, others believe that Airbnb is a threat to the hotel industry because data show that guests can save money by choosing Airbnb, Airbnb offers unique and local experiences, and guests have the opportunity to have a fully equipped apartment or house for
Attracted by low prices and the promise of a unique experience, more and more travellers choose shared accommodations over traditional hotels. Therefore, it is commonly believed that Airbnb is a threat to the hotel industry because it has cost advantages and offers a unique and local experience, whereas others do not think it is a threat.
There are two arguments that support the point of view that Airbnb is not a threat to the hotel industry. The first argument is that most Airbnb properties do not include amenities and services, while hotels do. The second argument is that Airbnb is in the lodging business, whereas hotels are in the hospitality business.
Many argue that Airbnb is not a threat to the hotel industry because many of its properties do not offer the same amenities, services, and trust as hotels. Examples of these amenities and services are complimentary …show more content…
Especially for guests who stay more than one or two nights, an equipped kitchen and living area is very much appreciated. Guests can save money by cooking their own meal once in a while; also, there is the possibility to spend time together with friends or family in a living room instead of a small hotel room. Furthermore, Randall T. Cook said, “I think the younger generation does not want four people to pick their bags up at the curb and then they have to tip this person and that person. They would rather be in a cool neighbourhood with bigger rooms, bigger space, maybe with a kitchen that makes them feel like, hey, this is what it feels like to live in San Francisco or Chicago” (Glusac). In conclusion, the fact that guests can experience the city from a different angle and have the opportunity to have a fully equipped house or apartment is the third reason why Airbnb is a threat to the hotel industry.
Some people have the point of view that Airbnb is not a threat to the hotel industry because most properties do not offer amenities and it lacks the hospitality aspect; on the contrary, others believe that Airbnb is a threat to the hotel industry because data show that guests can save money by choosing Airbnb, Airbnb offers unique and local experiences, and guests have the opportunity to have a fully equipped apartment or house for