What is it about?
How do Airbnb hosts adjust their prices over time? Are they becoming more skilled in revenue management? This study provides answers to these questions based on a large database from the city of Verona (Italy). For example, it founds that every year of experience leads to price increases of about 2.5%! Hence, Airbnb is relentlessly moving up the market. How should the hotels react?
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Why is it important?
This study provides a longitudinal view on Airbnb pricing strategies and on its development over time.
Read the Original
This page is a summary of: Accommodation prices on Airbnb: effects of host experience and market demand, The TQM Journal, August 2018, Emerald,
DOI: 10.1108/tqm-12-2017-0164.
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