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How does AirBnb affect local Spanish tourism markets?

Author

Listed:
  • Juan Luis Jiménez

    (Universidad de Las Palmas de Gran Canaria)

  • Armando Ortuño

    (Universidad de Alicante)

  • Jorge V. Pérez-Rodríguez

    (University of Las Palmas de Gran Canaria)

Abstract

This paper analyses the effects of AirBnb on the size of local tourism markets using AirBnb occupancy rates and hotel overnight stays in order to explore the causal relationship in several Spanish cities. A dynamic panel data model is applied at the city level (2014–2017). Our findings show a positive relationship between the increase in the number of properties offered on AirBnb and the implicit volume of tourists received by each city, specifically in two large cities (Madrid and Barcelona), due to higher AirBnb occupancy rate.

Suggested Citation

  • Juan Luis Jiménez & Armando Ortuño & Jorge V. Pérez-Rodríguez, 2022. "How does AirBnb affect local Spanish tourism markets?," Empirical Economics, Springer, vol. 62(5), pages 2515-2545, May.
    • Handle: RePEc:spr:empeco:v:62:y:2022:i:5:d:10.1007_s00181-021-02107-2
    DOI: 10.1007/s00181-021-02107-2
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    Cited by:

    1. Bobrovskaya, EV. & Polbin, A., 2023. "Econometric modeling of the demand for short-term rental housing: The case of Airbnb in Moscow," Journal of the New Economic Association, New Economic Association, vol. 59(2), pages 64-84.

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    More about this item

    Keywords

    P2P platforms; AirBnb; Tourism demand;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z31 - Other Special Topics - - Tourism Economics - - - Industry Studies
    • Z38 - Other Special Topics - - Tourism Economics - - - Policy

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