Title |
Has COVID-19 changed the factors explaining the occupancy of Airbnb accommodation? Madrid as a case study |
ID_Doc |
61961 |
Authors |
Más-Ferrando, A; Moreno-Izquierdo, L; Perles-Ribes, JF; Rubia, A |
Title |
Has COVID-19 changed the factors explaining the occupancy of Airbnb accommodation? Madrid as a case study |
Year |
2024 |
Published |
|
DOI |
10.1016/j.jdmm.2023.100837 |
Abstract |
In the aftermath of the COVID-19 pandemic, the dynamics of short-term rental demand, particularly on Airbnb, have seen pivotal shifts. Using Madrid as a case study, this research used strategic sampling to investigate changes in occupancy, housing attributes, and online reputation. Leveraging a sup-likelihood ratio test and a hedonic-type pooled panel-data Logit regression, we identified a marked structural break. Findings revealed a diminished demand-side bargaining power, resulting in increased rental prices and reduced information transparency. These results offered critical insights for tourism industry stakeholders, especially destination managers and Airbnb hosts. |
Author Keywords |
COVID-19; Structural break; Airbnb; Tourism demand; Madrid; Case study |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Social Science Citation Index (SSCI) |
EID |
WOS:001128429400001 |
WoS Category |
Hospitality, Leisure, Sport & Tourism; Management |
Research Area |
Social Sciences - Other Topics; Business & Economics |
PDF |
https://doi.org/10.1016/j.jdmm.2023.100837
|