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Estimating the Impact of Airbnb
on the Hotel Industry
The Rise of the Sharing Economy
Team #1 Deenadhayalan.P
Estimating the impact of airbnb on the hotel   deena
Estimating the impact of airbnb on the hotel   deena
abstract
? In this study Airbnb, a sharing economy pioneer offering short-term
accommodation.
? Combining data from Airbnb and the Texas hotel industry, estimate
the impact of Airbnbs entry into the Texas market on hotel room
revenue, and study the market response of hotels
? To identify Airbnbs causal impact on hotel room revenue, we use a
difference-in-differences empirical strategy that exploits the
significant spatiotemporal variation in the patterns of Airbnb adoption
across city-level markets
? this work provides empirical evidence that the sharing economy is
making inroads by successfully competing with, and acquiring
market share from, incumbent firms.
Introduction
a social website that connects people who
have space to spare with those who are
looking for a place to stay
Introduction
Estimating the impact of airbnb on the hotel   deena
Estimating the impact of airbnb on the hotel   deena

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Estimating the impact of airbnb on the hotel deena

  • 1. Estimating the Impact of Airbnb on the Hotel Industry The Rise of the Sharing Economy Team #1 Deenadhayalan.P
  • 4. abstract ? In this study Airbnb, a sharing economy pioneer offering short-term accommodation. ? Combining data from Airbnb and the Texas hotel industry, estimate the impact of Airbnbs entry into the Texas market on hotel room revenue, and study the market response of hotels ? To identify Airbnbs causal impact on hotel room revenue, we use a difference-in-differences empirical strategy that exploits the significant spatiotemporal variation in the patterns of Airbnb adoption across city-level markets ? this work provides empirical evidence that the sharing economy is making inroads by successfully competing with, and acquiring market share from, incumbent firms.
  • 5. Introduction a social website that connects people who have space to spare with those who are looking for a place to stay