Role of tourism and hotel accommodation in house prices (CROSBI ID 327931)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Škrabić Perić, Blanka ; Rimac Smiljanić, Ana ; Kežić, Iva
engleski
Role of tourism and hotel accommodation in house prices
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 in- creases 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 leve
House prices, Tourism Hotel accommodation, Peer-to-peer accommodation, Housing affordability
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Podaci o izdanju
3 (1)
2022.
1-9
objavljeno
2666-9579
10.1016/j.annale.2022.100036