Differences in seasonal price patterns among second home rentals and hotels: Empirical evidence and practical implications

Albert Saló*, Anna Garriga, Ricard Rigall-I-Torrent, M. Vila Fernández-Santacruz, J. Sayeras Maspera

*Autor corresponent d’aquest treball

Producció científica: Article en revista indexadaArticleAvaluat per experts

16 Cites (Scopus)

Resum

Hotels and second home rentals are two of the most important tourist accommodation options in Spain. In terms of seasonality, almost all previous studies have analysed tourism demand from the point of view either of total arrivals or the number of tourists lodged in a single accommodation type (hotels, rural accommodation, etc). However, there are no studies focusing on price seasonality or comparing seasonality among different accommodation types. By using seasonality indicators and a price index constructed by means of hedonic methods, this paper aims to shed some light on seasonal pricing patterns among second home rentals and hotels. The paper relies on a 2004 database of 144 hotels and 1,002 apartments on the Costa Brava (northeast Spain). The results show that prices for second home rentals display a smoother seasonal pattern than hotels due to reduced price differences between shoulder (May and October) and peak periods (August).

Idioma originalAnglès
Pàgines (de-a)731-747
Nombre de pàgines17
RevistaTourism Economics
Volum18
Número4
DOIs
Estat de la publicacióPublicada - d’ag. 2012
Publicat externament

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