Short-Term Rental Platforms Contrasted Effects on Neighborhoods: The Case of French Riviera Urban Destinations
Sophie Pommet,
Sylvie Rochhia and
Dominique Torre ()
No 2024-14, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France
Abstract:
This paper aims to analyze the conditions in which the expansion of short-term rental platforms affects rents with a focus on the main destinations of French Riviera. Following a literature review, a simplified model capturing the characteristics of the French Riviera destinations predicts in the short run a positive effect on rents when there is a high pressure from short-term rentals. We validate these predictions using data from AirDNA which pertains to short-term rentals offered on the Airbnb platform, along with data on long-term rentals in the cities of Nice and Cannes.
Keywords: Digital Platforms; Short-Term Rental; Tourism industry; Airbnb; residents; Over tourism (search for similar items in EconPapers)
JEL-codes: L83 L85 L86 R31 Z31 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2024-05
New Economics Papers: this item is included in nep-pay, nep-tur and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2024-14
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