“Airbnb in the City”: assessing short-term rental regulation in Bordeaux
Calum Robertson,
Sylvain Dejean () and
Raphaël Suire ()
Additional contact information
Calum Robertson: NUDD - Usages du Numérique pour le Développement Durable - ULR - La Rochelle Université, ULR - La Rochelle Université
Sylvain Dejean: ULR - La Rochelle Université, NUDD - Usages du Numérique pour le Développement Durable - ULR - La Rochelle Université
Raphaël Suire: LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - Nantes Univ - IAE Nantes - Nantes Université - Institut d'Administration des Entreprises - Nantes - Nantes Université - pôle Sociétés - Nantes Univ - Nantes Université, Nantes Univ - Nantes Université
Post-Print from HAL
Abstract:
Short-term rental platforms, led by Airbnb, have disrupted the tourism accommodation industry over the last decade. This disruption has encouraged policy-makers to intervene. However, little is known about how effective such interventions are. This paper empirically evaluates the impact Bordeaux's regulation has had on short-term rental (STR) activity through both a differences-in-differences and a triple-difference design. We find that regulation has had a reductive effect of over 322 rented days per month per district on average. This equates to 43% of mean reservation days and over 28 thousand less nights spent per month in STRs across the city. This effect is persistent in peripheral areas of the city, with an average effect of 35% of monthly reservation days. However, the city's attempts to limit activity stemming from targeted (commercial) listings yields mixed results as non-targeted (home-sharing) listings also seem to have modified their behavior. Additionally, analysis in the periphery points paves the way for discussion about the effectiveness of one-size-fits-all STR policy design.
Keywords: Short-term rentals; Regulation; Tourism; Diff-in-diff methodology; Short-term rental Airbnb Regulation Tourism Housing Triple Difference Differences-indifferences; Short-term rental; Airbnb; Housing; Triple Difference; Differences-indifferences (search for similar items in EconPapers)
Date: 2023-03-26
New Economics Papers: this item is included in nep-pay, nep-reg, nep-tur and nep-ure
Note: View the original document on HAL open archive server: https://hal.science/hal-04123595v1
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published in Annals of Regional Science, 2023, 72, pp.647-682. ⟨10.1007/s00168-023-01215-4⟩
Downloads: (external link)
https://hal.science/hal-04123595v1/document (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04123595
DOI: 10.1007/s00168-023-01215-4
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().