The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders
This research investigates the burgeoning peer-to-peer (P2P) economy, exemplified by platforms such as Airbnb, and its implications within the North American context. The study focuses on understanding the repercussions of Airbnb announcements on capital markets, concentrating specifically on the tr...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-01-01
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| Series: | International Journal of Financial Studies |
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| Online Access: | https://www.mdpi.com/2227-7072/12/1/6 |
| _version_ | 1797240732456583168 |
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| author | Tchai Tavor |
| author_facet | Tchai Tavor |
| author_sort | Tchai Tavor |
| collection | DOAJ |
| description | This research investigates the burgeoning peer-to-peer (P2P) economy, exemplified by platforms such as Airbnb, and its implications within the North American context. The study focuses on understanding the repercussions of Airbnb announcements on capital markets, concentrating specifically on the travel and tourism sector and the real estate sector. The findings unveil a discernible augmentation in index returns preceding the announcement’s publication in both sectors. However, a notable divergence manifests post-announcement: while the real estate sector sustains an upward trajectory in returns, the travel and tourism sector experiences a post-publication decline. These results underscore the strategic advantage available to investors with early access to Airbnb announcements, enabling them to capitalize on excess profits. Furthermore, the broader investor community can leverage the insights gleaned from Airbnb announcements for financial gains. A nuanced examination of regression results reveals the substantial impact of macroeconomic variables on index returns in both the travel and tourism sector and the real estate sector. These insights contribute to a more nuanced understanding of the intricate dynamics shaping these economic domains. |
| first_indexed | 2024-04-24T18:12:06Z |
| format | Article |
| id | doaj.art-287ae75c21e14b288447ee017a971867 |
| institution | Directory Open Access Journal |
| issn | 2227-7072 |
| language | English |
| last_indexed | 2024-04-24T18:12:06Z |
| publishDate | 2024-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | International Journal of Financial Studies |
| spelling | doaj.art-287ae75c21e14b288447ee017a9718672024-03-27T13:44:46ZengMDPI AGInternational Journal of Financial Studies2227-70722024-01-01121610.3390/ijfs12010006The Influence of Airbnb Announcements on North American Capital Markets: Insights for StakeholdersTchai Tavor0Department of Economics and Management, The Max Stern Yezreel Valley College, Emek Yisrael 19300, IsraelThis research investigates the burgeoning peer-to-peer (P2P) economy, exemplified by platforms such as Airbnb, and its implications within the North American context. The study focuses on understanding the repercussions of Airbnb announcements on capital markets, concentrating specifically on the travel and tourism sector and the real estate sector. The findings unveil a discernible augmentation in index returns preceding the announcement’s publication in both sectors. However, a notable divergence manifests post-announcement: while the real estate sector sustains an upward trajectory in returns, the travel and tourism sector experiences a post-publication decline. These results underscore the strategic advantage available to investors with early access to Airbnb announcements, enabling them to capitalize on excess profits. Furthermore, the broader investor community can leverage the insights gleaned from Airbnb announcements for financial gains. A nuanced examination of regression results reveals the substantial impact of macroeconomic variables on index returns in both the travel and tourism sector and the real estate sector. These insights contribute to a more nuanced understanding of the intricate dynamics shaping these economic domains.https://www.mdpi.com/2227-7072/12/1/6peer-to-peer economycapital marketsNorth American regionmacroeconomic indicatorspolicymaker decision-makingAirbnb platform |
| spellingShingle | Tchai Tavor The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders International Journal of Financial Studies peer-to-peer economy capital markets North American region macroeconomic indicators policymaker decision-making Airbnb platform |
| title | The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders |
| title_full | The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders |
| title_fullStr | The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders |
| title_full_unstemmed | The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders |
| title_short | The Influence of Airbnb Announcements on North American Capital Markets: Insights for Stakeholders |
| title_sort | influence of airbnb announcements on north american capital markets insights for stakeholders |
| topic | peer-to-peer economy capital markets North American region macroeconomic indicators policymaker decision-making Airbnb platform |
| url | https://www.mdpi.com/2227-7072/12/1/6 |
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