Print Photo courtesy AirBnb. The paper, to be published in Real Estate Economics, investigates whether households set listing prices to maximize rental income. Engelberg and co-authors, Barbara A. Bliss of the University of San Diego and Mitch Warachka of Claremont McKenna College, analyzed data on 1, Airbnb units in 26 college towns etams games during the and football seasons.
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The researchers found that hosts increase listing prices more during games with well-known rivals, compared to games with top-ranked, non-rivals. Get Times of San Diego Daily by Email Subscribe By clicking subscribe, you agree to share your email address with Times of San Diego to receive a free newsletter with the latest local news delivered at 8 a. You can opt out at any time via an unsubscribe link. You're on the list. There was an error and teams of rivals couldn't process your subscription. Please reload the page and try again.
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Processing… For example, Florida State had home games in Tallahassee against Notre Dame and the University of Florida during the college football season. With fans allowed in stadiums again for the season, the authors expect the same trend to continue.
On average, those with and without financial constraints earn similar rental incomes on most days. The units in the study resemble hotel rooms and provide accommodations that physically separate guests from hosts.
Thus, rental transactions typically do not involve any interaction teams of rivals hosts and guests. Yet, that does not deter Airbnb hosts from increasing their rates and unlike hotels, they are not subject to regulatory oversight constraints. The authors conclude their findings highlight an important issue in the sharing economy. Helps us grow with a monthly contribution.]
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