Prices of Accommodation Rental as Functioning on the Basis of a Sharing Economy in the Capitals of Cee States

• Autorzy: Łukasz Mach
• Języki publikacji: EN

Abstrakty

EN

Housing rental from private resources, thanks to the growing popularity of a sharing economy, is becoming more and more common. The principles of market activities compliant with the assumptions of a sharing economy create new frameworks in the science of economics, simultaneously subjecting classical methods and tools of management to verification. Making use of new information technologies and peer-to-peer technology, which as part of the former, has facilitated using a sharing economy in the hotel industry, creating a new community in the rental of housing market - people providing services of short-term renting of private accommodation facilities. The conducted research presents one-day rental (of the Bed & Breakfast type) functioning in compliance with the principles of a sharing economy. Its parametrization was carried out in the area of the formation of prices and their distribution. The resources of B&B rental were examined in the capital cities of Central and Eastern Europe. For each city the average prices of rental were determined, as were the average prices of extra services provided within the business activity (i.e. mean service charges and mean charges for cleaning). Additionally, a comparative analysis was carried out regarding the pricing of average rental costs with a simultaneous study of the significance of the differences observed in them. The conducted research allowed defining the structure of the total price of rental, which is composed of the price of the rental displayed on the webpage including offers of B&B rental and additional charges, i.e. the service and the cleaning fees. It follows from the conducted research, among others, that about one-third of the offered housing rental resources did not charge fees for cleaning and that the mean total price of housing rental for all the capitals of European the post-communist states ranged between 50 and 60 euros per night. From the point of view of the mean total rental price, the most expensive cities are Tallinn and Bratislava, whereas the cheapest countries are Bulgaria and Romania. The mean total rental prices for the capitals of Bulgaria and Romania are considerably lower than in the other capital cities of European post-communist states.(original abstract)

Słowa kluczowe

EN

Sharing economy; Real estate; Flats rental

PL

Ekonomia współdzielenia; Nieruchomości; Najem mieszkań

• Czasopismo: Argumenta Oeconomica
• Rocznik: 2020
• Numer: nr 2 (45)
• Strony: 142--162

Twórcy

autor

Łukasz Mach

• Opole University of Technology, Poland

Bibliografia

• Aczel, A. D., Complete Business Statistics, Richard D. Irwin, Boston, ISBN 0-256-05716-8, 1989.
• Böcker, L., Meelen, T., Sharing for people, planet or profit? Analysing motivations for intended sharing economy participation, "Environmental Innovation and Societal Transitions", 2016.
• Brochado, A., Troilo, M., Shah, A., Airbnb customer experience: Evidence of convergence across three countries, "Annals of Tourism Research", Vol. 63, pp. 210-212, 2017.
• Cheng, M., Sharing economy: A review and agenda for future research, "International Journal of Hospitality Management", Vol. 57, pp. 60-70, 2016.
• Cockayne, D. G., Sharing and neoliberal discourse: The economic function of sharing in the digital on-demand economy, "Geoforum", Vol. 77, pp. 73-82, 2016.
• Daunorienė, A., Drakšaitė, A., Snieška, V., Valodkienė, G., Evaluating Sustainability of Sharing Economy Business Models, "Procedia - Social and Behavioural Sciences", Vol. 213, pp. 836-841, 2015.
• Dyal-Chand, R., Regulating Sharing: The Sharing Economy as an Alternative Capitalist System, "Tulane Law Review", North Eastern University School of Law Research Papers, Vol. 90, No. 2, pp. 241-309, 2015.
• Ert, E., Fleischer, E., Magen, N., Trust and reputation in the sharing economy: The role of personal photos in Airbnb, "Tourism Management", Vol. 55, pp. 62-73, 2016.
• Fang, B., Ye, Q., Law, R., Effect of sharing economy on tourism industry employment, "Annals of Tourism Research", Vol. 57, pp. 264-267, 2016.
• Freedman, D., Pisani, R., Purves, R., Statistics, W. W. Norton & Company, New York, ISBN 0-393-09076-0, 1980.
• Frenken, K., Schor, J., Putting the sharing economy into perspective, "Environmental Innovation and Societal Transitions", Vol. 23, pp.3-10, 2017.
• Gregory, A., Halff, G., Understanding public relations in the 'sharing economy', "Public Relations Review", Vol. 43, Issue 1, pp. 4-13, 2017
• Guttentag, D. A., Smith, S. L. J., Assessing Airbnb as a disruptive innovation relative to hotels: Substitution and comparative performance expectations, "International Journal of Hospitality Management", Vol. 64, pp. 1-10, 2017.
• Habibi, M. R., Davidson, A., Laroche, M., What managers should know about the sharing economy, "Business Horizons", Vol. 60, Issue 1, pp. 113-121, 2017.
• Kathan, W., Matzler, K., Veider, V., The sharing economy: Your business model's friend or foe?, "Business Horizons", Vol. 59, Issue 6, pp. 663-672, 2016.
• Koopman, Ch., Mitchell, M. D., Thierer, A. D., The Sharing Economy and Consumer Protection Regulation: The Case for Policy Change, "The Journal of Business, Entrepreneurship & The Law", Vol. 8, Issue 2, 2015.
• Kung L. Ch., Zhong, G. Y., The optimal pricing strategy for two-sided platform delivery in the sharing economy, "Transportation Research Part E: Logistics and Transportation Review", Vol. 101, pp. 1-12, 2017.
• Liang, S., Schuckert, M., Law R., Chen Ch. Ch., Be a "Superhost": The importance of badge systems for peer-to-peer rental accommodations, "Tourism Management", Vol. 60, pp. 454-465, 2017.
• Martin, Ch. J., The sharing economy: A pathway to sustainability or a nightmarish form of neoliberal capitalism?, "Ecological Economics", Vol. 121, pp. 149-159, 2016.
• Ranchordas, S., Does Sharing Mean Caring? Regulating Innovation in the Sharing Economy, "Minnesota Journal of Law, Science & Technology", Vol. 15, Issue 1, pp. 413-475, 2015.
• Varma, A., Jukic, N., Pestek, A., Shultz, C. J., Nestorov, S., Airbnb: Exciting innovation or passing fad?, "Tourism Management Perspectives", Vol. 20, pp. 228-237, 2016.
• Wang, D., Nicolau, J. L., Price determinants of sharing economy based accommodation rental: A study of listings from 33 cities on Airbnb.com, "International Journal of Hospitality Management", Vol. 62, pp. 120-131, 2017.
• Wu, X., Zhi, Q., Impact of Shared Economy on Urban Sustainability: From the Perspective of Social, Economic, and Environmental Sustainability, "Energy Procedia", Vol. 104, pp. 191-196, 2016.

Identyfikatory

DOI

10.15611/aoe.2020.2.06