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A global perspective on the impact of COVID-19 on peer-to-peer accommodation: human mobility, case number and lockdown policies

Mingming Cheng (School of Management and Marketing, Curtin University, Perth, Australia)
Maggie Hu (CUHK Business School, Chinese University of Hong Kong, Hong Kong, China)
Adrian Lee (Deakin Business School, Deakin University, Melbourne, Australia)

International Journal of Contemporary Hospitality Management

ISSN: 0959-6119

Article publication date: 5 January 2023

44

Abstract

Purpose

Taking a global perspective, this paper aims to examine the impact of COVID-19 on Airbnb booking activities through three critical perspectives – the initial Wuhan lockdown, local COVID-19 cases and local lockdowns.

Design/methodology/approach

Using Airbnb reviews and cancellations as proxies for Airbnb bookings on a global scale, econometrics was used to examine the impacts of the initial Wuhan lockdown, local COVID-19 cases and local lockdowns on Airbnb bookings.

Findings

The authors find that local lockdowns result in a 57.8% fall in global booking activities. Every doubling of newly infected cases is associated with a 4.16% fall in bookings. The sensitivity of bookings to COVID-19 decreases with geographic distance to Wuhan and increases with government stringency of lockdown policies and human mobility within a market.

Practical implications

The empirical evidence from this research can provide governments with insights into more accurate assessment of the financial loss of Airbnb hosts so that proper support can be offered based on the financial needs because of due to sudden lockdown.

Originality/value

This research contributes to new knowledge on peer-to-peer accommodation during a time of crisis and provides much needed global evidence to understand the impacts of COVID-19 on the accommodation industry.

Keywords

Acknowledgements

Contribution: All authors contributed equally to the research.

Citation

Cheng, M., Hu, M. and Lee, A. (2023), "A global perspective on the impact of COVID-19 on peer-to-peer accommodation: human mobility, case number and lockdown policies", International Journal of Contemporary Hospitality Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJCHM-02-2022-0221

Publisher

:

Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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