Price Determinants of Tourist Accommodation Rental: Airbnb in Barcelona and MadridThe emergence of Airbnb in many of the most populated destinations for tourism and leisure has disrupted the market for rental accommodation. Despite pricing is one of the most critical factors in the evolution and ...
Airbnb’s 2024 lobbying spend is down 29% to $470,000, and it does not expect full-year expenditures to differ significantly from 2023’s $1.03 million, as the company focuses on global expansion. Restrictions found in North America are present elsewhere. Barcelona plans to bar apartment ren...
This Airbnb in Milan was less than a 10-minute walk from the center of Milan. It had a funky, yet smart, layout where the kitchen was lofted over the living room. And there was a lofted room over the bedroom as well. The apartment was right next to a tram so it was a little lo...
It was only when we threatened to report the issues to Airbnb did the host respond about the internet and the leak. The host did not resolve the other issues during our stay. Travellers please do not book this apartment it's not as described, n...
While platforms like Airbnb maintain a high level of trust between guests and hosts, you need to be comfortable with welcoming strangers into your home.Marketing required: Short-term lets need to be promoted to new audiences due to the high turnover of guests. You’ll need to keep your ...
"For Airbnb, the reasons for this type of acquisition are several-fold," said Madelyn Byrne, CEO of Paris Perfect, another company that operates in the high-end apartment rental space, similar to onefinestay. "It brings them a new customer who’s more higher-end, and it brings consiste...
Some clients have lived in the unit on the property as well, renting out the other units. “I have a client who this year purchased a two-and-a-half-story home, where each level was its own living unit, and the top level is a studio apartment, so pretty small,” Venustus said. ...
AirbnbIn this paper, we assess the impact of the arrival and expansion of Airbnb on housing rents and prices in the city of Barcelona. Examining highly detailed data on rents and both transaction and posted prices, we use several econometric approaches that exploit the exact timing and ...
AirbnbWe offer a novel approach to investigate the extent to which the expansion of the sharing economy is responsible for increases in long-term rents and prices ondoi:10.2139/ssrn.3688107smundsson, MagnúsAgustí i Torres, MarcBischofberger, Christof...
Utilizing a two-stage least squares regression model, Benítez-Aurioles discovered that the demand for Airbnb was price elastic in Barcelona and Madrid, with values that were very close at 2.2 and 2.4, respectively [47]. Several studies have witnessed a notable increase in the accuracy of ...