RT Journal Article
T1 When local business faded away: the uneven impact of Airbnb on the geography of economic activities
A1 Hidalgo, Alberto
A1 Riccaboni, Massimo
A1 Velázquez Angona, Francisco Javier
AB This paper investigates the unequal effect of Airbnb on the spatial organisation of economic activity in Madrid, Spain. Using establishment-level data from Madrid City Council and consumer-facing information from this short-term rental company, we find that Airbnb reshapes the urban space by encouraging tourist-oriented businesses, defined as businesses where tourists spend more than locals, at the expense of businesses primarily oriented to locals. These findings prove that short-term rentals do displace not only the local population but also resident-oriented businesses. Ultimately, our findings remain solid regardless of how we measure short-term rental activity and are not influenced by the growth of e-commerce or gentrification.
PB Oxford Academics
SN 1752-1386
YR 2023
FD 2023
LK https://hdl.handle.net/20.500.14352/101487
UL https://hdl.handle.net/20.500.14352/101487
LA eng
NO Alberto Hidalgo, Massimo Riccaboni, Francisco J Velazquez, When local business faded away: the uneven impact of Airbnb on the geography of economic activities, Cambridge Journal of Regions, Economy and Society, Volume 16, Issue 2, July 2023, Pages 335–348, https://doi.org/10.1093/cjres/rsad009
NO Ministerio de Ciencia, Innovación y Universidades (España)
DS Docta Complutense
RD 5 abr 2025