Download full text
(524.1Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-91024-3
Exports for your reference manager
Role of tourism and hotel accommodation in house prices
[journal article]
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 ... view more
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.... view less
Keywords
tourism; costs; apartment; real estate; EU
Classification
Leisure Research
Sociology of Settlements and Housing, Urban Sociology
Free Keywords
house prices; hotel accommodation; peer-to-peer accommodation; housing affordability; EU-SILC
Document language
English
Publication Year
2022
Page/Pages
p. 1-9
Journal
Annals of Tourism Research Empirical Insights, 3 (2022) 1
DOI
https://doi.org/10.1016/j.annale.2022.100036
ISSN
2666-9579
Status
Published Version; peer reviewed