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Airbnb is now present in many tourist destinations worldwide. With the pricing power in the hands of the individual hosts, the assessment of competition is of great relevance. Despite the many studies on the drivers of Airbnb prices, there is no contribution yet on how quality affects the spatial dimensions of Airbnb markets. We aim to fill this gap with a case study of Bristol (United Kingdom). Using standard regression techniques, we find a quality-moderated spatial decay in the price effects of competition in local Airbnb markets. Thus, the price of a given listing is affected negatively by other listings within a set of radii that decrease with product differentiation. Beyond this local market boundary, the existence of other listings may increase prices, as demand is driven to the neighborhood- or city-wide markets because of the diversity of tourism accommodation. [ABSTRACT FROM AUTHOR]

Despite the progressive introduction of accommodation taxes in many European cities, there is no consensus in the literature as to whether they have positive or negative effects. This may be related to the lack of estimates of the elasticity of visitor demand to accommodation taxes. To fill this gap, we carry out two panel-data regressions using a data set of airline travelers from UK cities to Spanish, French, and Italian destinations between 2012 and 2018. The results from the two-stage least squares regressions indicate that UK international travelers are indeed sensitive to hotel taxes. However, the impact of these taxes differs between peak and off-peak periods and across destination countries, with French destinations showing the most negative effect on visitor flows. The analysis of tax elasticities at a destination level also reveals the lack of a significant negative impact on visitor flows to major cities like Venice or Barcelona. [ABSTRACT FROM AUTHOR]

Research question: This paper aims to determine whether race performance has an impact on re-participation behaviour in trail running events. Own performance is a key driver of satisfaction in sport events, but this variable has received less attention than others in the empirical literature about re-participation intentions, even less so for trail running. Research methods: This paper employed time-series data to analyse re-participation behaviour of trail runners: our dataset includes all participants in the multi-race Transgrancanaria event (Canary Islands, Spain) between 2008 and 2018. A logistic regression (n = 10,170) aims to establish a link between race performance and the propensity to return to the event. Results and findings: Results show that improving own ranking within the same race has positive impacts on re-participation behaviour for both locals and visiting participants. Progressing to a longer race over time boosts loyalty for locals, while finishing in the top ten for a given category also motivates further participation, but only for non-locals. Implications: These findings have implications for the race organiser as they shed light on some key drivers of re-participation that can justify the introduction of measures to incentivise loyalty by taking advantage of the broad choice of events on offer. This can be achieved by offering discounts and other benefits linked to performance or race progression. [ABSTRACT FROM AUTHOR]

The Balearic and the Canary Islands are two well-known tourism-led economies. They both experienced a tourism boom during the same decades, and, hence, they developed a similar productive-mix. Nevertheless, there are strong economic differences between the two regions. While the Balearic Islands enjoy a high GDP per capita, the Canary Islands show a more modest performance. The results of a panel data regression confirm our hypothesis that they differ substantially in terms of income elasticity of tourism. It is two times higher in the Balearic Islands than in the Canaries, which indicates the first is perceived as a more luxurious destination. Furthermore, the results of a dynamic computable general equilibrium model show that the Canaries would converge in GDP per capita with the Balearic Islands if they attracted tourists with a similar profile as the latter. [ABSTRACT FROM AUTHOR]

In the early 2000s, the Parliament of the Canary Islands passed a series of tourism moratoria to restrict the growth in tourism supply. Even though the effects of moratoria have been covered in the literature, there is little quantitative evidence about their economic impact on the destinations, particularly in relation to the goal of increasing the quality of the accommodation supply. In order to fill this gap, this paper employs both regression and computable general equilibrium (CGE) methods to estimate the economic impact of the increased 5-star capacity acquired by the Canary Islands during the three moratoria periods between 2003 and 2017. The regression results show that the successive moratoria had a significant impact on the 5-star hotel supply in the Islands, while the CGE model translates the extra capacity into a positive impact on social welfare, with output increases in the sectors that complement tourism activity. [ABSTRACT FROM AUTHOR]

In late 2011, the Spanish terrorist organization ETA announced the end of armed violence after more than forty years of illegal activity. While the existing literature has already established the negative impact of terrorist actions on international tourism in a particular region, this paper aims to determine whether ETA’s final ceasefire and definitive dissolution had a positive impact on domestic tourism in Basque Country. To that end, a directed gravity model is estimated over a panel data-set of 699 domestic tourist flows between the Spanish regions from 2008 to 2013. Results suggest that the negative impact on visitor flows was localized in the Basque Country. Also, regardless of a permanent ceasefire announced in 2010, only the 2011 ‘definitive cessation of violence’ had an immediate significant impact on the number of visitors to the Basque Country. These results complement the scarce literature on post-conflict tourism analysis and may have implications for regional authorities in affected regions in their efforts to rebuild their destination brands. [ABSTRACT FROM AUTHOR]