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The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery

The Covid-19 pandemic has spread like wildfire across the globe. The hospitality industry, including the accommodation sharing sector, has been one of the hardest hit. Renting an Airbnb property, sharing a room via Couchsurfing and exchanging homes via LoveHomeSwap became almost impossible under the...

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Autor principal: Gerwe, Oksana
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9753187/
https://www.ncbi.nlm.nih.gov/pubmed/36536659
http://dx.doi.org/10.1016/j.techfore.2021.120733
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author Gerwe, Oksana
author_facet Gerwe, Oksana
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description The Covid-19 pandemic has spread like wildfire across the globe. The hospitality industry, including the accommodation sharing sector, has been one of the hardest hit. Renting an Airbnb property, sharing a room via Couchsurfing and exchanging homes via LoveHomeSwap became almost impossible under the new restrictions. This paper analyses the effects of the Covid-19 crisis on the accommodation sharing sector and conceptually uncovers the underlying reasons for its disruption. We submit that the main strengths of the accommodation sharing sector, which originally drove its rise, became its weaknesses during the pandemic. An asset-light business model, the intermediation of physical transactions via online platforms, a reliance on individually owned and underused properties, and the popularization of access over ownership propelled the initial expansion of this sector. However, these all backfired during the pandemic. The paper outlines potential avenues for the post-pandemic recovery of accommodation sharing and presents future directions for research.
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spelling pubmed-97531872022-12-15 The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery Gerwe, Oksana Technol Forecast Soc Change Article The Covid-19 pandemic has spread like wildfire across the globe. The hospitality industry, including the accommodation sharing sector, has been one of the hardest hit. Renting an Airbnb property, sharing a room via Couchsurfing and exchanging homes via LoveHomeSwap became almost impossible under the new restrictions. This paper analyses the effects of the Covid-19 crisis on the accommodation sharing sector and conceptually uncovers the underlying reasons for its disruption. We submit that the main strengths of the accommodation sharing sector, which originally drove its rise, became its weaknesses during the pandemic. An asset-light business model, the intermediation of physical transactions via online platforms, a reliance on individually owned and underused properties, and the popularization of access over ownership propelled the initial expansion of this sector. However, these all backfired during the pandemic. The paper outlines potential avenues for the post-pandemic recovery of accommodation sharing and presents future directions for research. Elsevier Inc. 2021-06 2021-03-08 /pmc/articles/PMC9753187/ /pubmed/36536659 http://dx.doi.org/10.1016/j.techfore.2021.120733 Text en © 2021 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Gerwe, Oksana
The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title_full The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title_fullStr The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title_full_unstemmed The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title_short The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery
title_sort covid-19 pandemic and the accommodation sharing sector: effects and prospects for recovery
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9753187/
https://www.ncbi.nlm.nih.gov/pubmed/36536659
http://dx.doi.org/10.1016/j.techfore.2021.120733
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