Professor John Byers, CS PhD student Davide Proserpio, and SMG Professor Georgios Zervas research the impact of Airbnb on the hotel industry. Their research has been featured in multiple publications, including the New York Times, The Atlantic, and in the Huffington Post, Spanish version.
“A new study by researchers at Boston University demonstrates for the first time that as the so-called sharing economy rises, the traditional lodging industry gets squeezed. For every 1 percent increase in the size of the Airbnb market, the researchers found, hotel revenue slips 0.05 percent.”
-David Streitfeld of the New York Times