Is Collaborative Consumption the new gamble to speed digital knowledge up in short-stay accommodation sector?”

The document reflects the development of the theoretical framework of collaborative consumption (CC) standards in recent years regarding European short-stay accommodation booking platforms. The sharing economy has significantly affected the tourist accommodation market in recent years. Beginning with the recent utilization of experimental CC data published in Eurostat in 2019, this article analyzes the correlation between CC choices for short-term accommodation, employment, and economic crisis A vector autoregressive panel approach was applied to demonstrate correlation between CC short-stay accommodation choices using balanced panel approach data from 561 EU regions between 2018 and 2021. Analyzing the connection between the main variables, a positive impulse correlation was found, followed by an increasing trend in CC use. This suggests that a self-multiplying effect is generated; and it's reasonable to assume that the more people use CC, the more electronic captures occur. We can therefore reasonably conclude that the improvement of CC use and knowledge-intensive activities in short-stay accommodation strongly depends on people's skills. Our study provides evidence that CC's impact on short-stay accommodation is highly dependent on people's abilities. Improving CC receptivity is the new key to technological decision-making.