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Role of tourism and hotel accommodation in house prices
[Zeitschriftenartikel]
Abstract This paper investigates the influence of tourism and hotel accommodation on housing prices in 27 EU countries over the period from 2005 to 2018. The results of dynamic panel data confirmed the significant influence of standard housing prices determinants: economic growth, unemployment and credit to ... mehr
This paper investigates the influence of tourism and hotel accommodation on housing prices in 27 EU countries over the period from 2005 to 2018. The results of dynamic panel data confirmed the significant influence of standard housing prices determinants: economic growth, unemployment and credit to the private sector, whilst the population does not play a significant role. Our results empirically confirmed that tourism significantly increases housing prices regardless of used indicators. However, our main finding was that hotel accommodation plays a role as a buffer of the growth in housing prices caused by tourism. Obtained results provided evidence of interconnections among tourism, hotel accommodation and housing prices at a national level.... weniger
Thesaurusschlagwörter
Tourismus; Kosten; Wohnung; Immobilien; EU
Klassifikation
Freizeitforschung, Freizeitsoziologie
Siedlungssoziologie, Stadtsoziologie
Freie Schlagwörter
house prices; hotel accommodation; peer-to-peer accommodation; housing affordability; EU-SILC
Sprache Dokument
Englisch
Publikationsjahr
2022
Seitenangabe
S. 1-9
Zeitschriftentitel
Annals of Tourism Research Empirical Insights, 3 (2022) 1
DOI
https://doi.org/10.1016/j.annale.2022.100036
ISSN
2666-9579
Status
Veröffentlichungsversion; begutachtet (peer reviewed)