IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v28y2022i1p83-88.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1354816620956821
    Download Restriction: no

    File URL: https://libkey.io/10.1177/1354816620956821?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. Stephen W. Litvin, 2007. "Research Note: The Economic Attractiveness of Runners: Are They ‘Healthy’ Tourists?," Tourism Economics, , vol. 13(3), pages 481-486, September.
    4. 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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joshua Martin & Joshua Hall, 2020. "The Impact of the New York City Marathon on Hotel Demand," Economies, MDPI, vol. 8(4), pages 1-10, October.
    2. Meehan, Brian & Rusko, Corey J. & Stephenson, E. Frank, 2020. "(Pot)Heads in Beds: The Eect of Marijuana Legalization on Hotel Occupancy in Colorado and Washington," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 50(1), May.
    3. Colin Steitz & Joshua Hall, 2020. "The Impact of Conventions on Hotel Demand: Evidence from Indianapolis Using Daily Hotel Occupancy Data," JRFM, MDPI, vol. 13(10), pages 1-15, September.
    4. Lauren R. Heller & E. Frank Stephenson, 2021. "How Does the Super Bowl Affect Host City Tourism?," Journal of Sports Economics, , vol. 22(2), pages 183-201, February.
    5. Clay Collins & Craig A. Depken & E. Frank Stephenson, 2022. "The Impact of Sporting and Cultural Events in a Heterogeneous Hotel Market: Evidence from Austin, TX," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 48(4), pages 518-547, October.
    6. Martin Thomas Falk & Markku Vieru, 2021. "Short-term hotel room price effects of sporting events," Tourism Economics, , vol. 27(3), pages 569-588, May.
    7. Jesyca Salgado-Barandela & à ngel Barajas & Patricio Sánchez-Fernández, 2021. "Sport-event portfolios: An analysis of their ability to attract revenue from tourism," Tourism Economics, , vol. 27(3), pages 436-454, May.
    8. E. Frank Stephenson, 2021. "The cost of losing a National Football League franchise: evidence from hotel occupancy data," Applied Economics Letters, Taylor & Francis Journals, vol. 28(18), pages 1558-1561, October.
    9. Nola Agha & Daniel Rascher, 2021. "Economic Development Effects of Major and Minor League Teams and Stadiums," Journal of Sports Economics, , vol. 22(3), pages 274-294, April.
    10. Bruno Caprettini, 2021. "Team Visibility and City Travel: Evidence From the UEFA Champions' League Random Draw," Journal of Sports Economics, , vol. 22(1), pages 85-114, January.
    11. Raffaello Bronzini & Sauro Mocetti & Matteo Mongardini, 2020. "The economic effects of big events: Evidence from the great jubilee 2000 in Rome," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 801-822, September.
    12. Craig A. Depken II & Benjamin L. Fore, 2020. "Firm-Level Economic Activity Before, During, and After Local Events: A Case Study," Journal of Sports Economics, , vol. 21(4), pages 327-334, May.
    13. Yulia Chikish & Brad R. Humphreys & Crocker H. Liu & Adam Nowak, 2017. "Professional Sports Events, Concerts, and Urban Place Based Policy: Evidence from the Staples Center," Working Papers 17-32, Department of Economics, West Virginia University.

    More about this item

    Keywords

    hotel demand; presidential inauguration;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:28:y:2022:i:1:p:83-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.