Short-term rentals in Malta: A look at Airbnb listings a

Reuben Ellul Dimech

No PP/08/2019, CBM Policy Papers from Central Bank of Malta

Abstract: New technologies have affected many traditional industries, with disintermediation and innovation changing the manner in which individuals travel, commute or even purchase day-to-day items like food. While popular, many of the international technological plat forms in popular use are hardly regulated. The short-term rental market for tourists has been fundamentally changed by platforms likes Airbnb. This study uses a novel dataset of properties available for rent in Malta during May 2019, and attempts to determine the composition, ownership, utilisation and possible revenue generation potential of these listings. This study finds the number of listings to be similar to other mid-sized population centres in the Mediterranean. It discusses the distribution of the housing stock devoted to short-term rentals and looks at some metrics for pricing, including the pricing of characteristics, and considers the existence of spatially interdependent pricing decisions.

JEL-codes: L83 R31 Z3 Z31 (search for similar items in EconPapers)
Pages: 36 pgs
New Economics Papers: this item is included in nep-pay
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Citations: View citations in EconPapers (2)

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https://www.centralbankmalta.org/file.aspx?f=92632 First version, 2019 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:mlt:ppaper:0819

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