Short stay accommodation in regional areas: Unpacking the effect on price, housing and regional development

The rapid growth of the short-stay accommodation market, facilitated by digital platforms and the sharing economy, has transformed the way travellers find and book accommodation. These digital platforms have brought numerous opportunities for homeowners, tourists, and local economies alike. Recent studies have demonstrated the challenges of the dominance of short stay accommodation in a region. The situation has given rise to issues including, but not limited to, housing instability resulting in the non-availability for long-stay residents, and where available, the price is usually unaffordable. These issues are common problems globally, and the research seeks to understand the issues that are unique to the case study region of Margaret River. This doctoral study delves into the dynamics surrounding short-stay accommodation, with a particular focus on the three major areas of investigation: policy mitigation strategies, housing crisis, and price disruption. Findings on these issues are reported in Chapters 4, 5 and 6, respectively. By investigating the ramifications of price disruptions within the short-stay accommodation sector, the study illuminates that price disruptions have far-reaching effects on housing affordability and availability, contributing to the broader housing crisis in regional contexts. In response to these challenges, the study systematically analyses policy mitigation strategies and the regulatory frameworks available to government to deal with short stay accommodation in regions. This research includes examining regulatory frameworks, regional planning initiatives, and innovative approaches within the hospitality management industry. Through a comprehensive exploration of these facets, the study proposed informed and effective strategies that reconcile the economic imperatives of short-stay accommodation with the urgent need for sustainable, and equitable housing solutions. Ultimately, this thesis seeks to provide valuable insights for policyma