This study from Boston University explored a question regarding the sharing economy’s long-term impact: will sharing economy platforms become mainstream alternatives to traditional providers? In this study, the authors looked at the impact of Airbnb’s entry into the Texas hotel industry focusing on hotel room revenue and market response of hotels. The authors used a difference-in-differences empirical strategy that exploits the significant spatiotemporal variation in the patterns of Airbnb adoption across city-level markets.