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- W3186101091 abstract "The literature on short-term rental emphasises the heterogeneity of the hosts pop- ulation. Some argue that professional and opportunistic hosts differ in terms of their pricing strategy. This study highlights how differences in market perception and in- formation create a price differential between professional and non-professional players. Proposing an original and accurate definition of professional hosts, we rely on a large dataset of almost 9,000 properties and 73,000 observations to investigate the pricing behaviour of Airbnb sellers in Corsica (France). Using OLS and the double-machine learning methods, we demonstrate that a price differential exists between professional and opportunistic sellers. In addition, we assess the impact of seasonality in demand on the size and direction of this price differential. Professionals perceive a higher de- gree of market power than others during the peak season and it allows them to enhance their revenues." @default.
- W3186101091 created "2021-08-02" @default.
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- W3186101091 date "2021-01-01" @default.
- W3186101091 modified "2023-09-24" @default.
- W3186101091 title "Host type and pricing on Airbnb: Seasonality and perceived market power" @default.
- W3186101091 hasPublicationYear "2021" @default.
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