Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Valuation Models for Holiday Rentals’ Daily Rates: Price Composition Based on Booking.com
In recent years, the number of sharing economy accommodations has grown exponentially due to the Internet and peer-to-peer networks, which has made researchers increasingly interested in analysing this new type of lodging. This study sought to develop models that determine the significant variables for the daily price of staying in holiday rentals based on data extracted from Booking.com and other sources. The hedonic pricing method (HPM) was selected to conduct the research as this methodology has been widely used in real estate valuation and hotel daily rate determination; however, the HPM is still rarely used for holiday rentals. The study focused on the city of Seville, where a notable increase in holiday rentals has been observed in recent years. Variables related to the accommodation typology, including location, size and equipment, as well as seasonality, are the most influential factors in the proposed models. These results are of interest to both owners and users of holiday rentals and can help these individuals to determine if the price of a stay is what would commonly be offered in the market under normal circumstances.
Valuation Models for Holiday Rentals’ Daily Rates: Price Composition Based on Booking.com
In recent years, the number of sharing economy accommodations has grown exponentially due to the Internet and peer-to-peer networks, which has made researchers increasingly interested in analysing this new type of lodging. This study sought to develop models that determine the significant variables for the daily price of staying in holiday rentals based on data extracted from Booking.com and other sources. The hedonic pricing method (HPM) was selected to conduct the research as this methodology has been widely used in real estate valuation and hotel daily rate determination; however, the HPM is still rarely used for holiday rentals. The study focused on the city of Seville, where a notable increase in holiday rentals has been observed in recent years. Variables related to the accommodation typology, including location, size and equipment, as well as seasonality, are the most influential factors in the proposed models. These results are of interest to both owners and users of holiday rentals and can help these individuals to determine if the price of a stay is what would commonly be offered in the market under normal circumstances.
Valuation Models for Holiday Rentals’ Daily Rates: Price Composition Based on Booking.com
José António C. Santos (Autor:in) / Manuel Á. Fernández-Gámez (Autor:in) / Miguel Ángel Solano-Sánchez (Autor:in) / Francisco José Rey-Carmona (Autor:in) / Lorena Caridad y López del Rio (Autor:in)
2020
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
Metadata by DOAJ is licensed under CC BY-SA 1.0
The Impact of Short-Term Rentals on Long-Term Rentals and the Housing Market in Riyadh
| DOAJ | 2024
Water rates and service charges, installation charges, hydrant rentals and sprinkler costs
Engineering Index Backfile | 1934
Minneapolis and St. Paul sewer rentals
| Engineering Index Backfile | 1939
A Market-Based Argument for Energy Efficiency in Rentals
| British Library Online Contents | 2012