Airbnb lacks a sustainable competitive advantage, faces a heavy influx of new competitors, and also faces multiple legal and trust issues in the market its direction moving forward or risk losing its competitive position in this emerging industry. In february amsterdam became the first city to pass an airbnb-friendly law, when new legislation was created - with the sharing economy in mind - that permits residents to rent out their. This paper aims to describe a successful p2p platform that well reflect the cash concept, airbnb, currently the leader of the online accommodation marketplace, using the case study approach and the swot analysis methodology.
Sharing economy platforms: airbnb, an online peer-to-peer platform which enables people to rent out residential accommodation, including their own homes, on a short term basis and, uber, an online peer-to. Sharing economy is an umbrella term for a variety of bottom-up initiatives, public-private-people partnerships, business start-ups and local government schemes, all of which utilise the idling or. Key insights the sharing economy is the peer-to-peer based activity of obtaining, giving, or sharing access to good and services alternative names for this phenomenon include gig economy.
The sharing economy has attracted a great deal of attention in recent months platforms such as airbnb and uber are experiencing explosive growth, which, in turn, has led to regulatory and political battles. Although uber, airbnb, and other online platforms have democratized the access to a number of services and facilities, multiple concerns have been raised as to the public safety, health and limited liability of these sharing economy practices. 'the sharing economy' — you would be excused if you thought it sounded like the spiritual home of new age digital hippies, or maybe a step up from a barter system — might sound a million.
Sharing economy, which is also called collaborative, peer, access, gig or c2c (consumer to consumer) economy, means that people temporarily share resources with others, either for free or for a - financial or non-financial - return. We explore the economic impact of the sharing economy on incumbent firms by studying the case of airbnb, a prominent platform for short-term accommodations we analyze airbnb's entry into the state of texas, and quantify its impact on the texas hotel industry over the subsequent decade. This special issue on 'regulating the sharing economy' includes five papers and an editorial which each contribute to knowledge by linking the social and economic aspects of sharing economy practices to regulatory norms and mechanisms. The sharing economy is the latest example of the internet's value to consumers (see free exchange) this emerging model is now big and disruptive enough for regulators and companies to have. Money causes schism in sharing economy peerby is a dutch platform through which neighbours can borrow each other's appliances and other things it started with no fees attached, but in 2015 the company added peerby go, a rental platform 25 percent of the proceeds go back to the company.
Distinguishes the sharing economy from the conventional economy however, bellotti and colleagues  argue that it is not clear, how important [collectivist motivations] are. Accommodation-sharing platform airbnb is often considered a sharing economy exemplar, and has promoted itself as helping middle-class residents to gain and retain a foothold in expensive housing markets. In addition to ride sharing and travel, the collaborative economy creates opportunities for sharing all sorts of goods, such as power tools and cooking equipment, and for businesses to create. Pieter van de glind and harmen van sprang, the co-founders of sharenl (a knowledge and networking platform for the netherlands) and sharing city alliance (a global organization facilitating the interconnection of cities), are passionate advocates for the sharing economy's potential to transform cities. Sharing economy platforms—as well as whether exchanges are monetized or non- monetized—are critical characteristics shaping these platforms and their potential to provide truly alternative economic arrangements.
The sharing economy implies opening your arms to the world, which in many cases can be said to be true its also a marketing dream where you can sell your goods and services to an enormous market with minimal regulation and inconvenience. Couchsurfing goes even farther than sharing economy accommodation options with a focus on creating beneficial interactions between hosts and guests couchsurfing hosts will often serve as a tour guide for their guests, providing an incredibly authentic experience that is hard to replicate with any other type of accommodation. The original vision of the sharing economy hasn't died—it just needs more support and protection in fact, there were some earlier signs that the large corporate platforms were not as.
Rms, speci cally focusing on the case of airbnb, a provider of travel accommodation and a pioneer of the sharing economy with airbnb having served over 50 million guests since it was founded in 2008, 1 and a market capitalization eclipsing $30 billion, 2 we hypothesize. These small transactions will have a giant cumulative effect, argues arun sundararajan, a leading expert on the sharing economy and a professor at nyu's stern school of business. Airbnb today is releasing a healthy travel and healthy destinations report that shows its platform and community model helps fight mass tourism and promotes sustainable travel it is also changing the economics of travel and tourism - now one of the largest industries on earth and representing more than 10 percent of the world's gross. The sharing economy is a real trend i don't think this is some small blip, says joe kraus, a general partner at google ventures who has backed two car-sharing sites, relayrides and sidecar.