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Articles

The professionalization of Airbnb in Madrid: far from a collaborative economy

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Pages 3343-3362 | Received 20 Dec 2019, Accepted 08 Apr 2020, Published online: 07 May 2020
 

ABSTRACT

‘Claudia’ is neither a real name nor an owner who puts a room at the service of the collaborative economy. It is a pseudonym used by a transnational company which manages short-rentals apartments: 211 Airbnb listings in Madrid, 138 of which are in the city centre. This paper's main arguments are based on the fact that Madrid city centre is experiencing a process of airbnbisation which is driven by professional actors specialized in the short-term rental business. The analysis of this model includes an in-depth examination of the professionalization, concentration and monopolization of Airbnb in Madrid, from a temporal and territorial perspective. The paper concludes that Airbnb in Madrid is dominated by professional actors specialized in the business of renting apartments as short-term rentals, who mainly operate within the city's Central District, and whose activity does not comply with the principles of the sharing economy. This model has more to do with traditional forms of accommodation than with new hospitality models based on the sharing economy principles, and generates negative impacts on the economic sustainability of the city and its inhabitants.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Notes

1 It is present in 81,000 cities and more than 191 countries, accumulates more than 400 million reservations and, on average, over 2 million people stay in an Airbnb every night (Airbnb Press Room, Citations. f.).

3 In 2014 Airbnb launched the ‘Belong Anywhere’ campaign, based on a post published by its founder and CEO Bryan Chesky (Chesky, Citation2014). Since then, the ‘Belonging’ concept and the ‘Belong Anywhere’ motto have become the company's core principle and the backbone of its marketing and public discourses. All advertisements and statements released by the company always refer to and are articulated around this concept (Airbnb, Citation2014, Citation2015, Citation2016a).

4 This is a conservative estimation (in relation to the Airbnb web scraps of 2015 and 2017), which does not take into account listings that were active in the pass but are not active any more. The evolution only takes into account listings which were available when the scrap was carried out.

Additional information

Funding

This research received funding from the Ministry of Science, Innovation and Universities of Spain (Grant Number RTI2018-093479-A-I00).

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