Economies 2018, 6(2), 23; https://doi.org/10.3390/economies6020023
The Rental Prices of the Apartments under the New Tourist Environment: A Hedonic Price Model Applied to the Spanish Sun-and-Beach Destinations
José Francisco Perles Ribes 1,*
, Luis Moreno Izquierdo 1, Ana Ramón Rodríguez 1 and María Jesús Such Devesa 2
, Luis Moreno Izquierdo 1, Ana Ramón Rodríguez 1 and María Jesús Such Devesa 21
Department of Applied Economic Analysis, University of Alicante, Campus San Vicente del Raspeig 03080, Spain
2
Department of Economics, University of Alcalá, Alacalá de Henares 28801, Spain
*
Author to whom correspondence should be addressed.
Received: 16 February 2018 / Revised: 21 March 2018 / Accepted: 23 March 2018 / Published: 3 April 2018
(This article belongs to the Special Issue Tourism Economics)
Abstract
The purpose of this article is to estimate a model of hedonic prices that is applied to apartments that are rented in the Spanish coastline, based on data that has been provided by Tecnitasa. The results confirm the relevance of the determinants that were previously identified by the literature and point to new determinants, such as tourism competitiveness and online reputation, as future drivers of prices in the new tourist environment. View Full-TextKeywords:
hedonic prices; rental prices; collaborative economy; Spain
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).
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Perles Ribes, J.F.; Moreno Izquierdo, L.; Ramón Rodríguez, A.; Such Devesa, M.J. The Rental Prices of the Apartments under the New Tourist Environment: A Hedonic Price Model Applied to the Spanish Sun-and-Beach Destinations. Economies 2018, 6, 23.
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