Authors
Tarik Dogru, Makarand Mody, Courtney Suess, Sean McGinley, Nathaniel D Line
Publication date
2020/4/1
Journal
Tourism Management
Volume
77
Pages
104001
Publisher
Pergamon
Description
The purpose of this study is to examine the extent to which Airbnb supply affects employment in the hospitality, tourism, and leisure industries. Accordingly, we analyzed the effects of Airbnb supply on various sectors in the hospitality, tourism, and leisure industries in 12 major metropolitan statistical areas in the United States for the period between July-2008 and February-2018. The results showed that Airbnb supply positively affects employment in all sectors of the hospitality, tourism, and leisure industries. The magnitudes of these effects are not only statistically but also economically significant. Although prior studies have showed that Airbnb has an adverse impact on hotels' financial performance measures, our results show that employment in the hotel sector increases with increased Airbnb listings. While this outcome might be contradictory to the general conjecture, such evidence calls for a comprehensive …
Total citations
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