Bakker, Matthijs (2021) Airbnb listing prices in Amsterdam and distance to tourist spots. Master thesis.
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Abstract
This study focuses on the association between Airbnb listing prices and the distance to tourist spots in the city center of Amsterdam. The results are based on hedonic pricing models, estimated by ordinary least squares and quantile regression. This research aims to build on existing literature by developing a method that identifies the determinants of Airbnb accommodation prices in Amsterdam. The most important findings are that tourist spots have an important factor for the price determination of Airbnb, especially in areas between 0,2 km and 1 km. Tourists are willing to pay more for an Airbnb that is closely located to a tourist spot. There are differences between the higher segment preferences and lower segment preferences. The lower segment of Airbnb renters is less sensitive to locations and are more able to walk compared to the higher segment of Airbnb renters. The results of this study are useful for policymakers in Amsterdam to understand the spatial pattern of Airbnb. By understanding the importance of amenities, Amsterdam can increase its livability and can create a sustainable future for the city.
| Item Type: | Thesis (Master) |
|---|---|
| Degree programme: | Real Estate Studies |
| Supervisor: | Liu, X. |
| Date Deposited: | 03 Sep 2021 11:27 |
| Last Modified: | 03 Sep 2021 11:27 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/3694 |
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