{"title":"Four shades of Airbnb and its impact on locals: A spatiotemporal analysis of Airbnb, rent, housing prices, and gentrification","authors":"Seonjin Lee , Hany Kim","doi":"10.1016/j.tmp.2023.101192","DOIUrl":null,"url":null,"abstract":"<div><p>Despite the growing amount of tourism literature examining short-term rentals, few studies have examined their economic impact on locals. This study is unique in that it elucidates Airbnb listings' heterogeneity and reflects spatiotemporal effects in the analysis of their impact on locals. The study revealed that Airbnb has different impacts on local housing markets by their characteristics. Furthermore, this study provides quantitative evidence delineating the relationship between Airbnb and gentrification. Overall, entire home listings by multi-unit hosts were found to exhibit the greatest impact on rent, housing value, and gentrification. The study findings provide practical implications for destinations to implement concrete strategies for balancing the positive and negative impacts of Airbnb.</p></div>","PeriodicalId":48141,"journal":{"name":"Tourism Management Perspectives","volume":null,"pages":null},"PeriodicalIF":7.3000,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Tourism Management Perspectives","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2211973623001204","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}
引用次数: 0
Abstract
Despite the growing amount of tourism literature examining short-term rentals, few studies have examined their economic impact on locals. This study is unique in that it elucidates Airbnb listings' heterogeneity and reflects spatiotemporal effects in the analysis of their impact on locals. The study revealed that Airbnb has different impacts on local housing markets by their characteristics. Furthermore, this study provides quantitative evidence delineating the relationship between Airbnb and gentrification. Overall, entire home listings by multi-unit hosts were found to exhibit the greatest impact on rent, housing value, and gentrification. The study findings provide practical implications for destinations to implement concrete strategies for balancing the positive and negative impacts of Airbnb.
期刊介绍:
Tourism Management Perspectives is an interdisciplinary journal that focuses on the planning and management of travel and tourism. It covers topics such as tourist experiences, their consequences for communities, economies, and environments, the creation of image, the shaping of tourist experiences and perceptions, and the management of tourist organizations and destinations. The journal's editorial board consists of experienced international professionals and it shares the board with Tourism Management. The journal covers socio-cultural, technological, planning, and policy aspects of international, national, and regional tourism, as well as specific management studies. It encourages papers that introduce new research methods and critique existing ones in the context of tourism research. The journal publishes empirical research articles and high-quality review articles on important topics and emerging themes that enhance the theoretical and conceptual understanding of key areas within travel and tourism management.