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Pricing approaches on Airbnb. The case of 2020 new listings in Porto

dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorToader, Valentin
dc.contributor.authorRus, Rozalia Veronica
dc.contributor.authorBode, Oana Ruxandra
dc.date.accessioned2023-01-23T10:52:12Z
dc.date.available2023-01-23T10:52:12Z
dc.date.issued2022
dc.description.abstractThe COVID-19 pandemic had serious economic effects, forcing businesses to adjust their strategies to survive. The tourism sector was one of the most affected due to the imposed travel restrictions; both traditional units and people providing services to tourists through the sharing economy platforms had to adapt. The objective of this paper is to build a hedonic price model to identify the attributes that significantly influence the price of the room, using the WLS regression model. Despite the general negative trend, there were also hosts who considered that opening a new listing during these times may represent a business opportunity. Therefore, the focus of the article is on newly opened listings on the Airbnb platform during 2020. The approach used included the main categories of variables discussed previously in the literature: listing attributes, listing location, listing reputation, rental policies, and hosts characteristics/involvement. The maximum number of guests accepted in the property, the type of listing, and the availability of air conditioning (AC) and parking represent the main characteristics that influence the prices. Changes in travel behaviour due to increased health and safety concerns made hosts aware that guests are willing to pay more to stay in central locations or in places owned by Superhosts.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1007/978-3-031-19656-0_8pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.22/21758
dc.language.isoengpt_PT
dc.publisherSpringerpt_PT
dc.relation.publisherversionhttps://link.springer.com/chapter/10.1007/978-3-031-19656-0_8pt_PT
dc.subjectSharing economypt_PT
dc.subjectPricing strategiespt_PT
dc.subjectAirbnbpt_PT
dc.titlePricing approaches on Airbnb. The case of 2020 new listings in Portopt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceCluj-Napoca, Romaniapt_PT
oaire.citation.endPage115pt_PT
oaire.citation.startPage103pt_PT
oaire.citation.titleRemodelling Businesses for Sustainable Development: 2nd International Conference on Modern Trends in Business, Hospitality, and Tourismpt_PT
person.familyNameFerreira
person.givenNameFernanda A.
person.identifierR-000-4TV
person.identifier.ciencia-idD116-9419-5778
person.identifier.orcid0000-0002-1335-7821
person.identifier.ridN-4563-2013
person.identifier.scopus-author-id24723992800
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication.latestForDiscoveryaaa18584-508e-46b1-9b50-4e174c0e142c

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