To Airbnb? Factors Impacting Short-Term Leasing Preference

Andy Krause and Gideon Aschwanden

Journal of Real Estate Research, 2020, vol. 42, issue 2, 261-284

Abstract: The growth of Airbnb and other short-term rental platforms have presented absentee owners of urban residential properties with a choice of leasing strategy: traditional long-term rental or a short-term approach, known as “Airbnb-ing.” In this paper we identify those situations—location, structure type, and property characteristics—that lead to the highest likelihood of favoring a short-term strategy over a long-term one. Additionally, we test the impacts of hosting policies the results of which suggest that even the right property may need the right owner(s) or strategy to make short-term rental the more profitable approach.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjerxx:v:42:y:2020:i:2:p:261-284

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DOI: 10.1080/08965803.2020.1826782

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