Pub Date : 2023-06-06DOI: 10.1177/13548166231181266
Marina Marfil-Cotilla, J. A. Campos-Soria, Alejandro García-Pozo
We conducted a comparative study of the main determinants of the gender wage gap across the wage distribution in the tourism sector from a sectoral perspective. Using matched employer-employee data from Spain, we propose different wage decompositions across the wage distribution based on unconditional quantile regressions. In feminised sectors, such as hospitality and travel agencies, the gender wage gap follows an increasing trend across the wage distribution, whereas in masculinised sectors, such as transportation, the gap follows a decreasing trend, becoming non-significant at the highest wage levels. Except in the case of transportation, gender wage discrimination increases as wages increase and is the component that explains the major part of this gap. The results show that there are differential barriers to the promotion of women at a sectoral level that perpetuate gender roles, particularly in positions of high responsibility.
{"title":"The gender wage gap across the wage distribution: Evidence in tourism at the sectoral level","authors":"Marina Marfil-Cotilla, J. A. Campos-Soria, Alejandro García-Pozo","doi":"10.1177/13548166231181266","DOIUrl":"https://doi.org/10.1177/13548166231181266","url":null,"abstract":"We conducted a comparative study of the main determinants of the gender wage gap across the wage distribution in the tourism sector from a sectoral perspective. Using matched employer-employee data from Spain, we propose different wage decompositions across the wage distribution based on unconditional quantile regressions. In feminised sectors, such as hospitality and travel agencies, the gender wage gap follows an increasing trend across the wage distribution, whereas in masculinised sectors, such as transportation, the gap follows a decreasing trend, becoming non-significant at the highest wage levels. Except in the case of transportation, gender wage discrimination increases as wages increase and is the component that explains the major part of this gap. The results show that there are differential barriers to the promotion of women at a sectoral level that perpetuate gender roles, particularly in positions of high responsibility.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42891977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-02DOI: 10.1177/13548166231180417
Maruška Vizek, Tajana Barbič, Anita Čeh Časni
The adverse effects booming tourism activity and peer-to-peer platforms on housing markets are well known, while the influence of relative changes in tourism accommodation composition on housing prices are not well understood. To shed more light on the issue, this paper employs the data set on housing prices and its main tourism, economic, and demographic determinants, for cities and municipalities in a tourism-dependent country. The results suggest more intensive tourism demand and the conversion of housing stock into rentals boost housing prices. The increase in the share of short-term rentals depresses prices, while in destinations where hotels and campsites become more prevalent prices increase. These findings could be attributed to the pricing-in effects of an increased supply of tourism amenities developed as part of hotels’ and campsites‘ product mix that improve the quality of life, and lower quality of life experienced at destinations where rentals are becoming more prevalent.
{"title":"The impact of the tourism accommodation composition on housing prices: The case of Croatia","authors":"Maruška Vizek, Tajana Barbič, Anita Čeh Časni","doi":"10.1177/13548166231180417","DOIUrl":"https://doi.org/10.1177/13548166231180417","url":null,"abstract":"The adverse effects booming tourism activity and peer-to-peer platforms on housing markets are well known, while the influence of relative changes in tourism accommodation composition on housing prices are not well understood. To shed more light on the issue, this paper employs the data set on housing prices and its main tourism, economic, and demographic determinants, for cities and municipalities in a tourism-dependent country. The results suggest more intensive tourism demand and the conversion of housing stock into rentals boost housing prices. The increase in the share of short-term rentals depresses prices, while in destinations where hotels and campsites become more prevalent prices increase. These findings could be attributed to the pricing-in effects of an increased supply of tourism amenities developed as part of hotels’ and campsites‘ product mix that improve the quality of life, and lower quality of life experienced at destinations where rentals are becoming more prevalent.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44521925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.1177/13548166221090170
Taotao Deng, Weishu Zhao, Yukun Hu
To date there has been little agreement on the effect of retirement on tourism consumption, and “retirement-tourism consumption puzzle” has not been empirically tested. Taking advantage of the mandatory retirement policy in China, this study adopts the fuzzy regression discontinuity design (RDD) approach to examine whether there is a “retirement-tourism consumption puzzle.” The findings indicate that the retirement of household heads significantly boosts household tourism consumption. The results also illustrate the considerable moderating effects of self-assessed health level and pension level on household tourism consumption. The research framework can be generalized to other countries to identify the effect of retirement on tourism consumption.
{"title":"Retirement and household tourism consumption—A case study in China","authors":"Taotao Deng, Weishu Zhao, Yukun Hu","doi":"10.1177/13548166221090170","DOIUrl":"https://doi.org/10.1177/13548166221090170","url":null,"abstract":"To date there has been little agreement on the effect of retirement on tourism consumption, and “retirement-tourism consumption puzzle” has not been empirically tested. Taking advantage of the mandatory retirement policy in China, this study adopts the fuzzy regression discontinuity design (RDD) approach to examine whether there is a “retirement-tourism consumption puzzle.” The findings indicate that the retirement of household heads significantly boosts household tourism consumption. The results also illustrate the considerable moderating effects of self-assessed health level and pension level on household tourism consumption. The research framework can be generalized to other countries to identify the effect of retirement on tourism consumption.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":"29 1","pages":"1055 - 1073"},"PeriodicalIF":4.4,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43988146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.1177/13548166231179840
V. Chandran, Tariq Ahmed, Fedwa Jebli, A. Josiassen, Eva M. Lang
This study employs a sequential mixed methods design to examine the dynamic roles of leadership, customer orientation, and customer collaboration on the innovation capability and performance of Malaysian hotels. An exploratory qualitative assessment based on semi-structured interviews was conducted to provide a comprehensive understanding of the contextual environment and establish a robust conceptual framework. A confirmatory survey among Malaysian hotel managers allowed for the empirical testing of the hypotheses. The results suggest that customer orientation is a key element that directly promotes hotels’ innovation capabilities. The results further show that the influence of customer collaboration on innovation can be enhanced by a transformational leader. Improvements in innovation capabilities have lasting effects on hotel performance, underscoring their strategic importance in the dynamic hospitality sector. These findings offer important implications for top management and decision-making personnel seeking to leverage innovation as a means of improving performance and gaining a competitive edge.
{"title":"Developing innovation capability in the hotel industry, who and what is important? A mixed methods approach","authors":"V. Chandran, Tariq Ahmed, Fedwa Jebli, A. Josiassen, Eva M. Lang","doi":"10.1177/13548166231179840","DOIUrl":"https://doi.org/10.1177/13548166231179840","url":null,"abstract":"This study employs a sequential mixed methods design to examine the dynamic roles of leadership, customer orientation, and customer collaboration on the innovation capability and performance of Malaysian hotels. An exploratory qualitative assessment based on semi-structured interviews was conducted to provide a comprehensive understanding of the contextual environment and establish a robust conceptual framework. A confirmatory survey among Malaysian hotel managers allowed for the empirical testing of the hypotheses. The results suggest that customer orientation is a key element that directly promotes hotels’ innovation capabilities. The results further show that the influence of customer collaboration on innovation can be enhanced by a transformational leader. Improvements in innovation capabilities have lasting effects on hotel performance, underscoring their strategic importance in the dynamic hospitality sector. These findings offer important implications for top management and decision-making personnel seeking to leverage innovation as a means of improving performance and gaining a competitive edge.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47559615","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-01DOI: 10.1177/13548166221075453
Cheng Zhang, Wei Cheng, Wanli Zhang
Using the panel data from 2002 to 2018 of 287 prefecture-level cities in China and the propensity score matching–difference-in-differences method, our study sought to reexamine the effect of World Heritage inscription on regional tourism. The results show that World Heritage sites improve regional tourism significantly, further confirmed by a series of robustness tests. However, the arrival and revenue effects of World Heritage inscription on inbound tourism are not significant. Moreover, World Heritage sites generate significant tourism economic benefits for the eastern and western regions in China but not for the central region. Last, a mechanism analysis shows that tourism public services increase the arrival and revenue effects significantly. The conclusions provide important insights for governments and tourism operators regarding the sustainable development of World Heritage sites and regional tourism.
{"title":"Does World Heritage inscription promote regional tourism? Evidence from China","authors":"Cheng Zhang, Wei Cheng, Wanli Zhang","doi":"10.1177/13548166221075453","DOIUrl":"https://doi.org/10.1177/13548166221075453","url":null,"abstract":"Using the panel data from 2002 to 2018 of 287 prefecture-level cities in China and the propensity score matching–difference-in-differences method, our study sought to reexamine the effect of World Heritage inscription on regional tourism. The results show that World Heritage sites improve regional tourism significantly, further confirmed by a series of robustness tests. However, the arrival and revenue effects of World Heritage inscription on inbound tourism are not significant. Moreover, World Heritage sites generate significant tourism economic benefits for the eastern and western regions in China but not for the central region. Last, a mechanism analysis shows that tourism public services increase the arrival and revenue effects significantly. The conclusions provide important insights for governments and tourism operators regarding the sustainable development of World Heritage sites and regional tourism.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":"29 1","pages":"929 - 951"},"PeriodicalIF":4.4,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41888266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-31DOI: 10.1177/13548166231174812
Umer Farooq, M. Tabash, Mamdouh Abdulaziz Saleh Al-Faryan, Cem Işık, T. Dogru
Environmental sustainability, energy consumption, and tourism are the most discussed topics in the literature. However, limited studies have catered to the relationship among these variables. From this perspective: the current study aims to find the nexus between tourism, energy alternatives, financial development, and pollution emissions by targeting the Gulf Cooperation Council (GCC) economies. We employ the data of six GCC economies for the years 2000–2019 and adopt fully modified ordinary least square and generalized least square approaches to establish the regression. The findings reveal a positive impact on the number of tourist arrivals (ITAs) while a negative impact on tourism receipts on pollution emissions. Similarly, fossil fuel energy (FFE) shows a positive while renewable energy depicts a negative relationship with CO2 emissions. This positive impact of tourist arrivals and fossil fuel energy was moderated by financial development. In addition to individual analysis, the developed financial sector can help to reduce the negative externalities of ITA and FFE. The empirical analysis further documents the positive impact of all control variables including foreign investment, economic growth, and gross capital formation on CO2 emissions. Based on empirical results, it is recommended to bring financial development into the picture to reduce the negative impact of ITA and FFE on environmental quality. This study put forward the literature by adding innovative thoughts regarding the moderating role of financial development in the nexus between tourism, energy alternatives, and CO2 emissions.
{"title":"The Nexus between tourism-energy-environmental degradation: Does financial development matter in GCC countries?","authors":"Umer Farooq, M. Tabash, Mamdouh Abdulaziz Saleh Al-Faryan, Cem Işık, T. Dogru","doi":"10.1177/13548166231174812","DOIUrl":"https://doi.org/10.1177/13548166231174812","url":null,"abstract":"Environmental sustainability, energy consumption, and tourism are the most discussed topics in the literature. However, limited studies have catered to the relationship among these variables. From this perspective: the current study aims to find the nexus between tourism, energy alternatives, financial development, and pollution emissions by targeting the Gulf Cooperation Council (GCC) economies. We employ the data of six GCC economies for the years 2000–2019 and adopt fully modified ordinary least square and generalized least square approaches to establish the regression. The findings reveal a positive impact on the number of tourist arrivals (ITAs) while a negative impact on tourism receipts on pollution emissions. Similarly, fossil fuel energy (FFE) shows a positive while renewable energy depicts a negative relationship with CO2 emissions. This positive impact of tourist arrivals and fossil fuel energy was moderated by financial development. In addition to individual analysis, the developed financial sector can help to reduce the negative externalities of ITA and FFE. The empirical analysis further documents the positive impact of all control variables including foreign investment, economic growth, and gross capital formation on CO2 emissions. Based on empirical results, it is recommended to bring financial development into the picture to reduce the negative impact of ITA and FFE on environmental quality. This study put forward the literature by adding innovative thoughts regarding the moderating role of financial development in the nexus between tourism, energy alternatives, and CO2 emissions.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43122225","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-27DOI: 10.1177/13548166231177555
David Boto‐García, J. F. Baños Pino
Second-home tourism is a popular tourism activity by which people spend leisure time away from home at second residences. Given the budget constraint, savings from not having to pay for the accommodation might produce expenditure reallocation effects on other items. This paper examines the differences in expenditure between tourists who stay at market accommodations versus those at second homes considering distinct categories. Using microdata for around 37,000 tourists in Spain travelling in the summer periods of 2017, 2018 and 2019, we estimate Craggit-type regressions to study potential reallocation effects in recreational activities, bars and restaurants, and other items including purchases at supermarkets and goods for personal care. We find that tourists at second homes spend significantly less in bars and restaurants, tourism activities and other items. There is no evidence of reallocation effects in expenditure at destination, suggesting that the economic contribution of second-home tourism is lower than typically assumed.
{"title":"The economics of second-home tourism: Are there expenditure reallocation effects from accommodation savings?","authors":"David Boto‐García, J. F. Baños Pino","doi":"10.1177/13548166231177555","DOIUrl":"https://doi.org/10.1177/13548166231177555","url":null,"abstract":"Second-home tourism is a popular tourism activity by which people spend leisure time away from home at second residences. Given the budget constraint, savings from not having to pay for the accommodation might produce expenditure reallocation effects on other items. This paper examines the differences in expenditure between tourists who stay at market accommodations versus those at second homes considering distinct categories. Using microdata for around 37,000 tourists in Spain travelling in the summer periods of 2017, 2018 and 2019, we estimate Craggit-type regressions to study potential reallocation effects in recreational activities, bars and restaurants, and other items including purchases at supermarkets and goods for personal care. We find that tourists at second homes spend significantly less in bars and restaurants, tourism activities and other items. There is no evidence of reallocation effects in expenditure at destination, suggesting that the economic contribution of second-home tourism is lower than typically assumed.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43397710","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-26DOI: 10.1177/13548166231177106
Yuan Wang, Alexander Tziamalis
The effect of tourism growth on tourism destinations’ income inequality is an important question for policymakers. In this study, we explore if this relationship is affected by economic and financial development and their interactions. We find that tourism growth affects a country’s income inequality differently. Post-redistribution, tourism growth eases income inequality in the lower economic development regime but may worsen income inequality in the upper economic development regime. However, tourism growth helps to alleviate income inequality in the lower financial development regime but may also lessen income inequality in the upper financial development regime. We also find some evidence that improving opportunities to access finance does a better job of helping to utilise the effect of tourism growth on easing income inequality in more developed nations rather than their counterparts. In line with these, our results also indicate that inflation tends to have different effects on income inequality, subject to the selection of thresholds. Our results are drawn from a dynamic panel threshold approach across 71 developed and developing countries during 1996–2016.
{"title":"International tourism and income inequality: The role of economic and financial development","authors":"Yuan Wang, Alexander Tziamalis","doi":"10.1177/13548166231177106","DOIUrl":"https://doi.org/10.1177/13548166231177106","url":null,"abstract":"The effect of tourism growth on tourism destinations’ income inequality is an important question for policymakers. In this study, we explore if this relationship is affected by economic and financial development and their interactions. We find that tourism growth affects a country’s income inequality differently. Post-redistribution, tourism growth eases income inequality in the lower economic development regime but may worsen income inequality in the upper economic development regime. However, tourism growth helps to alleviate income inequality in the lower financial development regime but may also lessen income inequality in the upper financial development regime. We also find some evidence that improving opportunities to access finance does a better job of helping to utilise the effect of tourism growth on easing income inequality in more developed nations rather than their counterparts. In line with these, our results also indicate that inflation tends to have different effects on income inequality, subject to the selection of thresholds. Our results are drawn from a dynamic panel threshold approach across 71 developed and developing countries during 1996–2016.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":"29 1","pages":"1836 - 1864"},"PeriodicalIF":4.4,"publicationDate":"2023-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43937636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-19DOI: 10.1177/13548166231175378
F. Qin, Jingyan Liu, Gang Li
Limitations in statistical data and differences in accounting methods have hindered the accuracy of tourism carbon emissions accounting. In this research, based on the Tourism Satellite Account (TSA) and underpinned by the logic of “accounting basis–key coefficient–accounting objective,” a comprehensive decomposition accounting method is built from a consumption stripping perspective. First, it classifies the tourism industry by the “sector–industry–product” structure into seven sectors, 13 industries, and 22 characteristic products/services. Next, it strips the actual tourism consumption from the tourism industry by constructing two key coefficients. Finally, it transforms tourism consumption data into carbon emissions data by introducing tourism ecological efficiency. Taking Guangdong province of China as an example, its tourism carbon emissions are calculated from 2010 to 2020 using the proposed method. The results reveal the distribution structure of tourism carbon emissions and confirm the scientific and accurate nature of this accounting method.
{"title":"Accounting for tourism carbon emissions: A consumption stripping perspective based on the tourism satellite account","authors":"F. Qin, Jingyan Liu, Gang Li","doi":"10.1177/13548166231175378","DOIUrl":"https://doi.org/10.1177/13548166231175378","url":null,"abstract":"Limitations in statistical data and differences in accounting methods have hindered the accuracy of tourism carbon emissions accounting. In this research, based on the Tourism Satellite Account (TSA) and underpinned by the logic of “accounting basis–key coefficient–accounting objective,” a comprehensive decomposition accounting method is built from a consumption stripping perspective. First, it classifies the tourism industry by the “sector–industry–product” structure into seven sectors, 13 industries, and 22 characteristic products/services. Next, it strips the actual tourism consumption from the tourism industry by constructing two key coefficients. Finally, it transforms tourism consumption data into carbon emissions data by introducing tourism ecological efficiency. Taking Guangdong province of China as an example, its tourism carbon emissions are calculated from 2010 to 2020 using the proposed method. The results reveal the distribution structure of tourism carbon emissions and confirm the scientific and accurate nature of this accounting method.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48718920","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-16DOI: 10.1177/13548166231175049
M. Falk, M. Scaglione
This study examines the impact of regulations on the supply and performance of Airbnb rentals in Geneva by focusing on the role of substitution effects between fully rented accommodations and individual rooms. A difference-in-differences approach is used in combination with logit and count data models with fixed effects for properties. The data consists of monthly Airbnb listings in the 10 largest Swiss cities for the period 2017–2018, with around 220,000 observations on 16,600 properties (60 per cent of which were being let as entire properties). The estimates show that the performance of Airbnb accommodations decreases significantly after the introduction of regulations in terms of bookings, days reserved, occupancy, and revenues. The performance of single rooms let within private properties, meanwhile, benefited from the new regulation in some cases, suggesting that there may be a substitution effect between the two groups. The magnitude of the impact of regulation is considerable, with monthly revenues of fully let Airbnb accommodations decreasing by an average of 15 per cent.
{"title":"Effects of regulations on the Airbnb market in Geneva","authors":"M. Falk, M. Scaglione","doi":"10.1177/13548166231175049","DOIUrl":"https://doi.org/10.1177/13548166231175049","url":null,"abstract":"This study examines the impact of regulations on the supply and performance of Airbnb rentals in Geneva by focusing on the role of substitution effects between fully rented accommodations and individual rooms. A difference-in-differences approach is used in combination with logit and count data models with fixed effects for properties. The data consists of monthly Airbnb listings in the 10 largest Swiss cities for the period 2017–2018, with around 220,000 observations on 16,600 properties (60 per cent of which were being let as entire properties). The estimates show that the performance of Airbnb accommodations decreases significantly after the introduction of regulations in terms of bookings, days reserved, occupancy, and revenues. The performance of single rooms let within private properties, meanwhile, benefited from the new regulation in some cases, suggesting that there may be a substitution effect between the two groups. The magnitude of the impact of regulation is considerable, with monthly revenues of fully let Airbnb accommodations decreasing by an average of 15 per cent.","PeriodicalId":23204,"journal":{"name":"Tourism Economics","volume":" ","pages":""},"PeriodicalIF":4.4,"publicationDate":"2023-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46757237","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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