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Presidential inauguration tourism and hotel occupancy: Evidence from the Obama and Trump inaugurals

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  • Clay Collins

    (5631West Virginia University, USA)

  • Joshua C Hall

    (5631West Virginia University, USA)

Abstract

This article examines the impact of the inaugurations of Barack Obama and Donald Trump on hotel occupancy in the Washington DC metro area. Using daily hotel data from 2010 to 2020 and controlling for multiple other major events along with day, week, and year fixed effects, we find substantial effects of presidential inaugurations on hotel occupancy. Daily occupancy rates around the inaugurations are four to six times higher than the next largest event in our sample. We also find evidence that inaugurations are multiple-day tourist events, with hotel occupancy rates seeing positive leads and lags. We find little difference in overall hotel occupancy impacts between the Obama and the Trump inaugurations, although the pattern differs due to the differences when in the week they occurred. Unfortunately, our results cannot separate the effect of the Women’s March on Washington from the Trump inauguration.

Suggested Citation

  • Clay Collins & Joshua C Hall, 2022. "Presidential inauguration tourism and hotel occupancy: Evidence from the Obama and Trump inaugurals," Tourism Economics, , vol. 28(1), pages 83-88, February.
    • Handle: RePEc:sae:toueco:v:28:y:2022:i:1:p:83-88
    DOI: 10.1177/1354816620956821
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    References listed on IDEAS

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    1. Lauren R. Heller & Victor A. Matheson & E. Frank Stephenson, 2018. "Unconventional wisdom: Estimating the economic impact of the Democratic and Republican national political conventions," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 1267-1278, November.
    2. Victor Matheson & Lauren R. Heller & E. Frank Stephenson, 2017. "Unconventional Wisdom: Estimating the Economic Impact of the Democratic and Republican National Political Conventions," Working Papers 1701, College of the Holy Cross, Department of Economics.
    3. Craig A. Depken & E. Frank Stephenson, 2018. "Hotel Demand Before, During, And After Sports Events: Evidence From Charlotte, North Carolina," Economic Inquiry, Western Economic Association International, vol. 56(3), pages 1764-1776, July.
    4. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2010. "Research Note: Hail to the Chief: Assessing the Economic Impact of Presidential Inaugurations on the Washington, DC, Local Economy," Tourism Economics, , vol. 16(4), pages 1081-1087, December.
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    Keywords

    hotel demand; presidential inauguration;

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