Gubbins Uccelli, Laszlo (2024) Tourist proximity as a price determinant for short-term rental platforms in Buenos Aires, Argentina. Bachelor thesis.
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Bachelor-Project-Step-7.-final-Short-Term-Rental-Platforms-In-Buenois-Aires-.pdf Download (1MB) | Preview |
Abstract
Airbnb and other short-rental platforms have reshaped the tourism industry to an extent where it is becoming both an economic necessity to offer tourists while also affecting the local rental market and local urban life to an unprecedented degree. Understanding this phenomenon and its drivers is crucial for adequate planning and mitigation of negative externalities brought by this new rental format. This is true in cities with both developed and developing economies. Buenos Aires is a city that heavily promotes tourism to attract foreign currency and mitigate the national economic crisis and inflation. This situation has the added benefit of the town becoming very affordable and attractive for tourists. This investigation looks to measure to what extent STR pricing is determined by proximity to tourist locations in Buenos Aires. The land distribution of STRs in developing countries is subject to a heavy land bias. This is true in Buenos Aires, where most STRs are in neighbourhoods that cater to international expectations and have good safety conditions and connectivity. As a result, the extent to which proximity determines the price is low, only showing a marginal decrease in price as proximity values increase. Other internal variables regarding individual listings are shown to be much better predictors of Price than proximity. The areas where STRs are concentrated depend on economic prosperity, centrality and perceived safety. Areas of higher concentration are more vulnerable to the adverse effects of STRs; however, other areas show good potential to alleviate the higher numbers of STRs in one area.
| Item Type: | Thesis (Bachelor) |
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| Degree programme: | Human Geography and Planning |
| Supervisor: | Liu, X. |
| Date Deposited: | 14 May 2024 14:15 |
| Last Modified: | 14 May 2024 14:15 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4504 |
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