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Hedonic Price Attributes of Airbnb Listings in Split

Author

Listed:
  • Domagoj Nikolic

    (Hospitality and Tourism Management Department, Rochester Institute of Technology Croatia, Croatia)

  • Filip Cavar

    (Hospitality and Tourism Management Department, Rochester Institute of Technology Croatia, Croatia)

Abstract

As the sharing economy concepts such as Airbnb are new to Split, Croatia, the market is still unsettled and how to determine the appropriate rates is a question. The focus of this research was to find out the current price determinants (hedonic attributes) and provide a model of analysis so that sensible recommendations could be given on how the quality of hedonic attributes effects rates and occupancy. Using observation method and statistical analysis, the research showed that hedonic attributes of listings in Split provide practically no differentiation in rates or occupancy of listings. The main deciding factor seems to be the destination's popularity.

Suggested Citation

  • Domagoj Nikolic & Filip Cavar, 2020. "Hedonic Price Attributes of Airbnb Listings in Split," Expanding Horizons: Business, Management and Technology for Better Society,, ToKnowPress.
    • Handle: RePEc:tkp:mklp20:385-369
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