Estimating the spatial and time decay impacts of a local event
Location
Gran Canaria
Participation
Attend the conference at Gran Canaria in person.
Type of Submission
Paper Presentation
Short Abstract
This paper studies the spatial and temporal decay impacts of a local event on tourism accommodation in a region. The results show that the day of the event, the number of occupied rooms, ADR and revenue reach a marked peak. Moreover, it shows the presence of a time decay impact on revenue, which is asymmetric in favour of the days before the event. A spatial panel data regression method has been employed. The case study concerns Ironman Triathlon event and its impact on the Airbnb listings in the Spanish region of Vitoria-Gasteiz in 2019.
Revised Submission
Estimating the spatial and time decay impacts of a local event
Gran Canaria
This paper studies the spatial and temporal decay impacts of a local event on tourism accommodation in a region. The results show that the day of the event, the number of occupied rooms, ADR and revenue reach a marked peak. Moreover, it shows the presence of a time decay impact on revenue, which is asymmetric in favour of the days before the event. A spatial panel data regression method has been employed. The case study concerns Ironman Triathlon event and its impact on the Airbnb listings in the Spanish region of Vitoria-Gasteiz in 2019.
https://docs.lib.purdue.edu/itsa/ITSA2022/ITSA2022/39