A Conceptual Framework of Destination Sustainability in Sharing Economy

Abstract

The introduction of the sharing economy has revolutionized resident-tourist relationships and provides further implications of destination sustainability. Built on several well-established theories, this conceptual study intends to develop a new and holistic framework to examine destination sustainability, focusing on the change of resident-tourist relationships. The framework is first guided by the stakeholder theory to identify the four key stakeholders in the new sharing economy context: residents, tourists, governments, and the sharing economy platform. With the collaboration theory and resource theory as a foundation, the framework then describes each stakeholder's specific needs and resources. The service-dominant logic further supports service exchanges and value co-creation among stakeholders. The framework then adopts the capital theory approach to conceptualize destination sustainability in terms of human, social, natural and manufactured capital. Finally, three propositions are developed to justify the new peer-to-peer collaboration paradigm that leads to destination sustainability. The proposed framework is aligned with the six-pillar transformation in e-Tourism research and serves as an intelligent solution to destination sustainable development in the sharing economy context.