What is it about?
Impact of the gig economy as it affects Lodging industry in general. AirBNB is growing at a very fast pace but its performance matrices are not comparable to the lodging industry.
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Why is it important?
Our findings show that Airdna overestimates both occupancy rates and revenue per Available Room for AirBNB properties
Perspectives
As short term online rental companies grow and we begin comparing their performance with that of the lodging industry, it is essential that we develop and utilize same standards that have measured lodging industry;s performance historically.
Vinod Agarwal
Old Dominion University
Read the Original
This page is a summary of: Differing Views of Lodging Reality: Airdna, STR, and Airbnb, Cornell Hospitality Quarterly, October 2018, SAGE Publications,
DOI: 10.1177/1938965518777218.
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