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Airbnb in Paris : quel impact sur l’industrie hôtelière?

Author

Listed:
  • Ewen Gallic

    (Univ Rennes, CNRS, CREM - UMR 6211, F-35000 Rennes, France)

  • Vincent Malardé

    (Univ Rennes, CNRS, CREM - UMR 6211, F-35000 Rennes, France)

Abstract

In many cities around the world short-term housing platforms have become an alternative in the eyes of tourists. These new players, led by Airbnb, are disrupting the market, raising concerns from the hotel industry and public authorities. Using data from hotels and Airbnb in Paris, this paper proposes a new methodology for measuring the competitive pressure exerted by Airbnb on the hotel industry. The results indicate that an increase in the number of Airbnb hosts close to a hotel leads the hotel to reduce its price. This effect is amplified on weekend evenings.

Suggested Citation

  • Ewen Gallic & Vincent Malardé, 2018. "Airbnb in Paris : quel impact sur l’industrie hôtelière?," Economics Working Paper Archive (University of Rennes & University of Caen) 2018-07, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    • Handle: RePEc:tut:cremwp:2018-07
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    Keywords

    peer-to-peer platforms; hotel industry ; Airbnb; competition ; spatial statistics;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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