TITLE:
Vacation Home Rental Concept and Its Connection to Climate Change—A Literature Review
AUTHORS:
Adjnu Damar Ladkoo
KEYWORDS:
Rentals, Hotels, Tourists, Climate, Market
JOURNAL NAME:
Theoretical Economics Letters,
Vol.6 No.5,
September
12,
2016
ABSTRACT: Gone are the days when tourists had to rely solely
on hotels. The new age tourists’ accommodation is simply known as vacation home
rentals. Companies like Airbnb seem to be taking leaps in the tourism sector
with the rapid propagation of their vacation home rental concepts; making
hotels fear losing their position on the market. Moreover, with rising issues
on climate change, it has become worth understanding how vacation home rental
can aid. As such, this study has attempted to understand how vacation home
rental companies function, their possible threat to hotels and their contribution
to mitigate and adapt to climate changes. This study adopted a qualitative
research methodology and used the integrative literature review approach.
Climate change is a global phenomenon impelling people to think and act
differently so as to have a better future. So, are vacation home rental
concepts a boon for the planet and its living entities while being a curse for
hotels?