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Un modelo hedónico para los alquileres turísticos en la ciudad de Sevilla. || A hedonic model for the vacation rentals in the city of Seville

Author

Listed:
  • Solano Sánchez, Miguel Ángel

    (Universidad de Córdoba)

  • Núñez Tabales, Julia M.

    (Universidad de Córdoba)

  • Caridad y Ocerin, José M.

    (Universidad de Córdoba)

Abstract

El auge de los nuevos tipos de alojamiento denominados alquileres turísticos (apartamentos turísticos y viviendas con fines turísticos) experimentado en los últimos años a nivel mundial, gracias a la expansión de Internet y las redes P2P, despierta el interés por el análisis de estas nuevas fórmulas de estancia. El objetivo de este estudio es la elaboración de un modelo a través del método de precios hedónicos (MPH) que establezca cuáles son las variables fundamentales en la determinación del valor diario de la estancia en alquileres turísticos. Dicha metodología, ha sido ampliamente usada en valoración inmobiliaria y determinación del precio en alojamientos turísticos (mayoritariamente hoteles), aunque se encuentran pocos trabajos en lo que respecta a su uso para valoración de alquileres turísticos. A partir de los datos recogidos sobre Sevilla -la mayor ciudad del sur de España- se obtiene un modelo econométrico para valoración de alquileres turísticos en el que destacan como principales variables explicativas del mismo la ubicación del inmueble, el tamaño, el equipamiento, así como el momento del tiempo en que es tomado el precio. Los resultados del presente estudio pueden resultar de interés tanto a propietarios como a potenciales clientes de alquileres turísticos, para conocer si el precio de la estancia está en concordancia con lo que normalmente ofrecería el mercado en esas circunstancias.|| The boost of the accommodation type called vacation rentals (tourist apartments and dwellings) experienced worldwide in recent years thanks to the rise of the Internet and P2P networks arouses interest in the analysis of these new stay formulas. The aim of this research is the elaboration of an econometric model through hedonic pricing method (HPM) which establishes the fundamental variables in the determination of the daily rate in vacation rentals. This methodology, has been largely used in real estate valuation and price determination in tourist accommodation (mostly hotels), although scarcely regarding vacation rentals valuation. Through the data collected from Seville -the largest city in southern Spain- an econometric model for valuation of vacation rentals is obtained in which stand out as main explanatory variables the location of the property, size, amenities, as well as the time period which the price is taken. The results of the present study could interest both owners and potential clients of vacation rentals, in order to know if the daily rate is in accordance with what would normally offer the market under those circumstances.

Suggested Citation

  • Solano Sánchez, Miguel Ángel & Núñez Tabales, Julia M. & Caridad y Ocerin, José M., 2021. "Un modelo hedónico para los alquileres turísticos en la ciudad de Sevilla. || A hedonic model for the vacation rentals in the city of Seville," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 31(1), pages 144-160, June.
    • Handle: RePEc:pab:rmcpee:v:31:y:2021:i:1:p:144-160
    DOI: https://doi.org/10.46661/revmetodoscuanteconempresa.4043
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    References listed on IDEAS

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    More about this item

    Keywords

    alquileres turísticos; apartamentos turísticos; viviendas con fines turísticos; método de precios hedónicos; Sevilla; vacation rentals; touristic apartments; touristic dwellings; hedonic pricing method; Seville.;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection

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