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Open AccessArticle

Rural Tourism Accommodation Prices by Land Use-Based Hedonic Approach: First Results from the Case Study of the Self-Catering Cottages in Asturias

1
Department of Economics, University of Oviedo, 33006 Oviedo, Spain
2
Department of Applied Economics, University of Oviedo, 33006 Oviedo, Spain
*
Author to whom correspondence should be addressed.
Sustainability 2017, 9(10), 1688; https://doi.org/10.3390/su9101688
Received: 2 August 2017 / Revised: 18 September 2017 / Accepted: 19 September 2017 / Published: 22 September 2017
(This article belongs to the Special Issue Rural Tourism, Rural Development and Rural Resilience)
This study analyses the impacts of environmental amenities associated with agricultural and silvicultural land use on the price of rural tourism accommodation in Asturias (Spain). A hedonic price model that relates the price of rural accommodation to environmental amenities as well as equipment, services offered, and the locational characteristics of the accommodation is estimated. The rural accommodations in the study are the self-catering cottages, the intrinsic features of which promote the development of rural tourism sustainability. Geographic information systems (GIS) data are used to measure the location and the proximity to amenities of these self-catering cottages. The main results indicate that agricultural land use has an important impact on the price of accommodation in self-catering cottages. Specifically, a high percentage of grassland in the municipality where the self-catering cottage is sited has a positive effect on rental prices, while a high percentage of arable crops has the opposite effect. The analysis is interesting for decision-making in the context of environmental policies, land use conflict resolution, and rural tourism sustainability. View Full-Text
Keywords: environmental amenities; geographic information system; hedonic price model; rural heritage; rural land use; rural tourism sustainability; self-catering cottages environmental amenities; geographic information system; hedonic price model; rural heritage; rural land use; rural tourism sustainability; self-catering cottages
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MDPI and ACS Style

Bilbao-Terol, C.; Cañal-Fernández, V.; Valdés, L.; Del Valle, E. Rural Tourism Accommodation Prices by Land Use-Based Hedonic Approach: First Results from the Case Study of the Self-Catering Cottages in Asturias. Sustainability 2017, 9, 1688. https://doi.org/10.3390/su9101688

AMA Style

Bilbao-Terol C, Cañal-Fernández V, Valdés L, Del Valle E. Rural Tourism Accommodation Prices by Land Use-Based Hedonic Approach: First Results from the Case Study of the Self-Catering Cottages in Asturias. Sustainability. 2017; 9(10):1688. https://doi.org/10.3390/su9101688

Chicago/Turabian Style

Bilbao-Terol, Celia; Cañal-Fernández, Verónica; Valdés, Luis; Del Valle, Eduardo. 2017. "Rural Tourism Accommodation Prices by Land Use-Based Hedonic Approach: First Results from the Case Study of the Self-Catering Cottages in Asturias" Sustainability 9, no. 10: 1688. https://doi.org/10.3390/su9101688

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