Enhancing consumers’ repurchase intention in peer-to-peer accommodation following a dual processing model: A principal–agent perspective
Document Type
Journal Article
Publication Title
Journal of Travel Research
Volume
63
Issue
5
First Page
1127
Last Page
1149
Publisher
SAGE
School
School of Business and Law
RAS ID
58336
Funders
SBL Centre for Tourism Research at Edith Cowan University in Australia / Zhangle Technology Co. Ltd. in China / National Natural Science Foundation of China / National Social Science Foundation of China
Abstract
In peer-to-peer (P2P) accommodation, consumers face high levels of consumption uncertainty from both P2P sites and hosts. Our study applies principal–agent theory to develop a dual processing model in examining how to support consumers’ repurchase intention by reducing consumers’ uncertainty perceptions associated with booking and staying. We selected Airbnb as our context and collected survey data from American consumers. The results show that perceived uncertainty (hosts) has a direct effect on repurchase intention, whereas perceived uncertainty (site) has an indirect effect. Further, perceived utility and trust in the last host can help reduce fears of opportunism (hosts), whereas site quality can alleviate fears of opportunism (site). Our study contributes to the literature by developing a dual-processing model of repurchase intention to clarify how consumers’ repurchase intention can be enhanced. The results can provide important guidelines regarding how to support consumers’ repurchase intention. We also provide suggestions regarding how to deal with additional uncertainties post COVID-19.
DOI
10.1177/00472875231189859
Access Rights
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Comments
Wang, X., Huang, S., Kim, E., & Xu, J. (2024). Enhancing consumers’ repurchase intention in peer-to-peer accommodation following a dual processing model: A principal–agent perspective. Journal of Travel Research, 63(5), 1127-1149. https://doi.org/10.1177/00472875231189859