Hidalgo, AlbertoRiccaboni, MassimoVelázquez Angona, Francisco Javier2024-02-162024-02-162023Alberto 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/rsad0091752-138610.1093/cjres/rsad009https://hdl.handle.net/20.500.14352/101487This 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.engAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/journal articlehttps://doi.org/10.1093/cjres/rsad009https://academic.oup.com/cjres/article-abstract/16/2/335/7185640?redirectedFrom=fulltextrestricted accessR10R23Z32Digital platformShort-term rentalsAirbnbNeighbourhood changeRetail sectorTourismEconomíaTurismo53 Ciencias Económicas5312.90 Economía Sectorial: Turismo