Defining the price of hospitality: networked hospitality exchange via Airbnb

@article{Ikkala2014DefiningTP,
  title={Defining the price of hospitality: networked hospitality exchange via Airbnb},
  author={Tapio Ikkala and Airi Lampinen},
  journal={Proceedings of the companion publication of the 17th ACM conference on Computer supported cooperative work \& social computing},
  year={2014}
}
  • Tapio Ikkala, Airi Lampinen
  • Published 15 February 2014
  • Economics, Business
  • Proceedings of the companion publication of the 17th ACM conference on Computer supported cooperative work & social computing
This study examines how money mediates and structures social exchange in a hospitality exchange service, and how social and economic factors guiding exchange get intertwined in this context. [] Key Result We identified two behavioral patterns that highlight the importance of reputation and trust: (1) hosts divert their accumulated reputational capital into the rental price and (2) they may price their property below "the market price", so that they can choose their exchange partners form a wider pool of…

Figures from this paper

Hosting via Airbnb: Motivations and Financial Assurances in Monetized Network Hospitality
TLDR
The study illustrates that the financial benefits of hosting do not necessarily crowd out intrinsic motivations for hosting but instead strengthen them and even act as a gateway to further social exchange and interpersonal interaction.
Examining the influencing factors of intention to share accommodations in online hospitality exchange networks
ABSTRACT CouchSurfing is a free social-network-based online hospitality exchange network, aptly representing a new sharing economy phenomenon. Based on social capital theory and previous literature,
Price Determinants on Airbnb: How Reputation Pays Off in the Sharing Economy
Trust is a crucial prerequisite for peer-to-peer rental and sharing. Therefore, platform operators such as Airbnb have implemented a plethora of trustbuilding mechanisms, user interface (UI)
What Airbnb Host Listings Influence Peer-to-Peer Tourist Accommodation Price?
Recognizing that the pricing strategy of the newly emerging online shared accommodation industry would be different from that of the traditional hotel industry, this study attempted to identify the
How Airbnb Conveys Social and Economic Value through User Representation
TLDR
A research model is proposed that links the guest’s intention to book to the host's user representa-tion via the pathways of social and economic value and is expected to contribute to a better understanding of the driving factors behind guests’ booking decisions in accommodation sharing.
Mi Casa es su Casa? Examining Airbnb Hospitality Exchange Practices in a Developing Economy
TLDR
It is found that money is the main motivation for hosts to participate in Airbnb and that the earned money contributes significantly to the overall income of hosts and that traditions that permeate the Mexican culture motivate hosts to engage in more personal hospitality experiences.
SHARING MEANS CARING ? HOSTS ’ PRICE REACTIONS TO RATING VISIBILITY Research in Progress
We empirically investigate how hosts on Airbnb, a popular peer-to-peer website for fee-based sharing of under-utilized space, adjust their prices once their offering gets a visible star rating for
Market Formation in the Sharing Economy: Findings and Implications from the Sub-economies of Airbnb
Research in the sharing economy predominately focuses on issues related to the exchange parties and the sharing platforms, ignoring the secondary market of the numerous entrepreneurs emerging around
Airbnb and cultural capitalism: enclosure and control within the sharing economy
Abstract Collectively termed the “Sharing Economy”, collaborative platforms are said to be challenging and redesigning traditional business models and ridding the tourism industry of monopolies and
...
...

References

SHOWING 1-10 OF 11 REFERENCES
Account sharing in the context of networked hospitality exchange
TLDR
Amidst the rising rhetoric of a 'reputation economy', this paper calls for engaging the inclusions, exclusions, and inequalities that reputation metrics may renew or create, especially if they fail to acknowledge people's account sharing practices.
Indebtedness and reciprocity in local online exchange
TLDR
An aversion to indebtedness is revealed and several user behaviors that lessen these negative feelings are discussed that can help alleviate the discomfort of indebtedness and better encourage and sustain participation in systems of indirect reciprocity.
What's Mine Is Yours: The Rise of Collaborative Consumption
WHAT'S MINE IS YOURS is about Collaborative Consumption, a new, emerging economy made possible by online social networks and fueled by increasing cost consciousness and environmental necessity.
Social Exchange Theory
Much of social life involves interactions between individuals or corporate actors in dyads, groups, organizations or networks that can be viewed as social exchanges. This chapter presents an overview
Social Exchange Theory: An Interdisciplinary Review
Social exchange theory (SET) is one the most influential conceptual paradigms in organizational behavior. Despite its usefulness, theoretical ambiguities within SET remain. As a consequence, tests of
Trust and Transitions in Modes of Exchange
In this study, we investigate the relationship between uncertainty and trust in exogenous shifts in modes of social exchange (i.e., those that are not initiated by the individuals in a given exchange
Everyday favors: a case study of a local online gift exchange system
TLDR
This paper presents a local online gift exchange system, Kassi, and a seven-month case study of its use, and analyzes users' motivations to contribute to the system and the community.
Becoming Intimately Mobile
Contents: Ethnography of couch surfers and online hitchhiking websites - Negotiating of hospitality and homemaking in a mobile world - Mobilities - Mobility - Sociality - Hospitality - Homemaking -
From Online Familiarity to Offline Trust: How a virtual community creates familiarity and trust between strangers
8.1 Inside Couchsurfing .................................................................................182 8.2 Online Community Ideology
Trust and Transition in Modes of Exchange
  • Social Psychology Quarterly 73,
  • 2010
...
...