Integrating circular economy principles into a modified theory of Planned Behaviour: Exploring customer intentions and experiences with collaborative consumption on Airbnb

The sharing economy, exemplified by platforms like Airbnb, has significantly disrupted traditional business models through peer-to-peer sharing of underutilized assets. This study investigates the influence of circular economy (CE) principles and customers' past experiences on their intention to participate in collaborative consumption (CC), focusing on Airbnb. Despite economic, social, and environmental benefits, such as resource efficiency and community connections, concerns about affordable housing and community disruption persist. This research integrates CE principles into the Theory of Planned Behavior (TPB), examining attitudes, subjective norms, and perceived behavioral control as predictors of CC intention. Using a quantitative research design, data were collected from an online survey of 449 Airbnb users. The study found that economic benefits substantially affected customer attitudes towards CC, while perceived behavioral control and subjective norms significantly influenced CC intentions. Interestingly, past experience negatively moderated the relationship between attitude and CC intention, indicating that frequent users prioritize cost savings over positive product assessments. These findings highlight the importance of emphasizing economic advantages in marketing and suggest the need for educational initiatives to reshape frequent users' perceptions. This research provides practical insights for Airbnb and other CC providers to develop targeted strategies promoting customer adoption. It also offers policymakers guidance for supporting CC growth and sustainability, enhancing the TPB framework by incorporating CE principles and past experience to offer a comprehensive understanding of factors influencing CC intentions. • Integrate Circular Economy principles into the Theory of Planned Behaviour. • Explore Airbnb users' Collaborative Consumption intentions and key influencers. • Test the influence of social, environmental, and economic factors on CC. • Offer insights for CC providers to boost engagement and user satisfaction. • Support policymakers in promoting sustainable tourism via CE-aligned strategies.

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Publication Details

Journal
Socio-Economic Planning Sciences
Published
2024-12-06
DOI
https://doi.org/10.1016/j.seps.2024.102136
Citations
11
Primary Topic
Sharing Economy and Platforms
Type
article
Field-Weighted Citation Impact
4.83
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article

Integrating circular economy principles into a modified theory of Planned Behaviour: Exploring customer intentions and experiences with collaborative consumption on Airbnb

Umair Tanveer, Marios Dominikos Kremantzis, Shamaila Ishaq, Shara Nica Agung Sahara
11 citations
Socio-Economic Planning Sciences
Sharing Economy and Platforms
4.83
article

Integrating circular economy principles into a modified theory of Planned Behaviour: Exploring customer intentions and experiences with collaborative consumption on Airbnb

Umair Tanveer, Marios Dominikos Kremantzis, Shamaila Ishaq, Shara Nica Agung Sahara
article en
11 citations

Abstract

The sharing economy, exemplified by platforms like Airbnb, has significantly disrupted traditional business models through peer-to-peer sharing of underutilized assets. This study investigates the influence of circular economy (CE) principles and customers' past experiences on their intention to participate in collaborative consumption (CC), focusing on Airbnb. Despite economic, social, and environmental benefits, such as resource efficiency and community connections, concerns about affordable housing and community disruption persist. This research integrates CE principles into the Theory of Planned Behavior (TPB), examining attitudes, subjective norms, and perceived behavioral control as predictors of CC intention. Using a quantitative research design, data were collected from an online survey of 449 Airbnb users. The study found that economic benefits substantially affected customer attitudes towards CC, while perceived behavioral control and subjective norms significantly influenced CC intentions. Interestingly, past experience negatively moderated the relationship between attitude and CC intention, indicating that frequent users prioritize cost savings over positive product assessments. These findings highlight the importance of emphasizing economic advantages in marketing and suggest the need for educational initiatives to reshape frequent users' perceptions. This research provides practical insights for Airbnb and other CC providers to develop targeted strategies promoting customer adoption. It also offers policymakers guidance for supporting CC growth and sustainability, enhancing the TPB framework by incorporating CE principles and past experience to offer a comprehensive understanding of factors influencing CC intentions. • Integrate Circular Economy principles into the Theory of Planned Behaviour. • Explore Airbnb users' Collaborative Consumption intentions and key influencers. • Test the influence of social, environmental, and economic factors on CC. • Offer insights for CC providers to boost engagement and user satisfaction. • Support policymakers in promoting sustainable tourism via CE-aligned strategies.

Socio-Economic Planning SciencesVol. 98
University of Derby (GB), University of Exeter (GB), University of Bristol (GB), University of Warwick (GB)
Openalex Percentile: Top 5%
Sharing Economy and Platforms
4.83
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