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Article

The Collaborative Economy Based Analysis of Demand: Study of Airbnb Case in Spain and Portugal

by
Pedro R. Palos-Sanchez
1 and
Marisol B. Correia
2,3,4
1
Department of Business Organization and Marketing, International University of La Rioja, Logroño, Spain
2
School of Management, Hospitality and Tourism, University of the Algarve, Faro, Portugal
3
Centro de Investigação, Desenvolvimento e Inovação em Turismo (CiTUR), Portugal
4
Centro de Estudos de Gestão do Instituto Superior Técnico (CEG-IST), University of Lisbon, Lisbon, Portugal
J. Theor. Appl. Electron. Commer. Res. 2018, 13(3), 85-98; https://doi.org/10.4067/S0718-18762018000300105
Submission received: 8 June 2017 / Revised: 24 September 2017 / Accepted: 27 December 2017 / Published: 1 September 2018

Abstract

The rise of the collaborative economy has just started to become a reality in the economy of the countries in the European Union. The aim of this article is to use Goal - Question - Metric methodology to verify that the rise of Internet searches has an impact on collaborative economy. Specifically, Airbnb was the collaborative economy service analyzed. The demonstration was carried out with a statistical analysis of the Internet searches, looking at their evolution in Spain, Portugal and USA over the past 10 years. A working hypothesis was also defined to test whether the demand for information about Airbnb has a positive influence on the total spending of tourists who booked apartments in Spain during the period between July 2015 and August 2016. The results lead us to make a projection of growth for Airbnb service in the coming years. The case studied is very representative of this economic model, even though there is a large number of lesser-known websites. Finally, the results corroborate previous studies that defend that tools for studying trends and correlations of search terms are techniques that help decision making in studies and market research.
Keywords: sharing economy; Google Trends; collaborative consumption; Airbnb; cloud computing sharing economy; Google Trends; collaborative consumption; Airbnb; cloud computing

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MDPI and ACS Style

Palos-Sanchez, P.R.; Correia, M.B. The Collaborative Economy Based Analysis of Demand: Study of Airbnb Case in Spain and Portugal. J. Theor. Appl. Electron. Commer. Res. 2018, 13, 85-98. https://doi.org/10.4067/S0718-18762018000300105

AMA Style

Palos-Sanchez PR, Correia MB. The Collaborative Economy Based Analysis of Demand: Study of Airbnb Case in Spain and Portugal. Journal of Theoretical and Applied Electronic Commerce Research. 2018; 13(3):85-98. https://doi.org/10.4067/S0718-18762018000300105

Chicago/Turabian Style

Palos-Sanchez, Pedro R., and Marisol B. Correia. 2018. "The Collaborative Economy Based Analysis of Demand: Study of Airbnb Case in Spain and Portugal" Journal of Theoretical and Applied Electronic Commerce Research 13, no. 3: 85-98. https://doi.org/10.4067/S0718-18762018000300105

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