Role of tourism and hotel accommodation in house prices

Škrabić Perić, Blanka; Smiljanić, Ana; Rimac Kežić, Iva

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%T Role of tourism and hotel accommodation in house prices
%A Škrabić Perić, Blanka
%A Smiljanić, Ana
%A Rimac Kežić, Iva
%J Annals of Tourism Research Empirical Insights
%N 1
%P 1-9
%V 3
%D 2022
%K house prices; hotel accommodation; peer-to-peer accommodation; housing affordability; EU-SILC
%@ 2666-9579
%~ FDB
%> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-91024-3
%X 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.
%C NLD
%G en
%9 Zeitschriftenartikel
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info