Effects of location on Airbnb apartment pricing in Malaga

The relatively recent social movement known as the sharing economy is becoming increasingly visible in online peerto-peer platforms. One such platform is Airbnb; an accommodation marketplace which provides access to tourist accommodation. These platforms are having an important social and economic impact on tourist destinations such as Malaga, Spain. This paper presents a spatial econometric hedonic model that explains the pricing strategy of Airbnb tourist apartments in Malaga using factors such as host, guest, structural characteristics, and location. In relation to locational factors, the model in this study confmns the impact of spatial spillover effects, accessibility to certain amenities, traffic noise, walkability, and the ethnicity of residents in the neighborhood where the listing is located.