KOREASCHOLAR

SPATIAL COOPETITION AND PEER-TO-PEER ACCOMODATION PRICES

Hanna Lee, Seongsoo Jang, Jinwon Kim
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/422950
Global Marketing Conference
2023 Global Marketing Conference at Seoul (2023.07)
pp.931-932
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

Extant studies assessing determinants of peer-to-peer (P2P) accommodation prices have mainly focused on individual listing-level analysis, with a less attention to inter-regional dynamics between cooperation and competition. While Airbnb has announced how to set a pricing strategy tool called “smart pricing” to help hosts gauge rental rates, many hosts find that its suggesting prices are too low, failing to offer a robust picture of their destination market (Jiang et al., 2022). This calls for a research on how P2P accommodation hosts can benefit from coopetitive pricing strategy – a hybrid behavior of cooperation and competition that occurs among hosts or regions (Chim-Miki & Batista-Canino, 2018).

Author
  • Hanna Lee(The Hong Kong Polytechnic University)
  • Seongsoo Jang(Cardiff University)
  • Jinwon Kim(University of Florida)