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The Rental Prices of the Apartments under the New Tourist Environment: A Hedonic Price Model Applied to the Spanish Sun-and-Beach Destinations

José Perles Ribes (), Luis Moreno Izquierdo (), Ana Ramón Rodríguez () and María Jesús Such Devesa ()
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Luis Moreno Izquierdo: Department of Applied Economic Analysis, University of Alicante, Campus San Vicente del Raspeig 03080, Spain
Ana Ramón Rodríguez: Department of Applied Economic Analysis, University of Alicante, Campus San Vicente del Raspeig 03080, Spain
María Jesús Such Devesa: Department of Economics, University of Alcalá, Alacalá de Henares 28801, Spain

Economies, 2018, vol. 6, issue 2, 1-9

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.

Keywords: hedonic prices; rental prices; collaborative economy; Spain (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2018
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