Determinants Of Peer-To-Peer Accommodation Development: The Case Of Airbnb In China

Abstract

The peer-to-peer platform is a type of housing arrangement in which people or property owners privately rent out their houses or accessible spaces to visitors, generally via internet platforms or marketplaces. The Chinese Airbnb sector has grown significantly in the last decade, with Airbnb joining the Chinese market in 2015. However, significant obstacles for Airbnb have surfaced in China. There is currently a noteworthy absence of study addressing the variables impacting Airbnb's expansion in the Chinese setting. This study attempts to fill that gap by performing a systematic review of prior studies using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) technique. The goal is to identify the major drivers that have shaped the direction of Airbnb's growth and development, particularly in the Chinese market. The review's results emphasise six drivers that contribute to Airbnb's growth in China, including cultural and historical aspects, accessibility and convenience, pricing tactics, safety and security, tourism attractions and entertainment, and beliefs and attitudes. The study digs into the implications and limits of these determinants as well.