Estimating renting behaviour of second home owners - The case of swiss Alpine destinations
ISSN
1862-9946
ISBN
978 503 11088 9
Type
conference paper
Date Issued
2008-09-10
Editor(s)
Abstract (De)
Many Swiss alpine destinations suffer from underutilization of its second home infrastructure, because second home owners are not renting out their property. This paper tries to identify reasons for this behaviour by estimating the likelihood of renting out second homes on the basis of perceived (individual) issues related to renting out. The results reveal that renting out is mostly and very much associated with sacrifices such as intrusion into privacy and loss of flexibility which needs to be over-compensated by financial benefits in terms of that the perceived financial compensation is about double as high as the non-financial sacrifices.
Language
German
Keywords
Second home ownership
Willingness to rent out
HSG Classification
not classified
Refereed
No
Book title
Real Estate and Destination Devlopment in Tourism
Publisher
Erich Schmidt Verlag
Publisher place
Berlin
Start page
319
Event Title
AIEST
Event Location
Whistler, B.C.
Subject(s)
Eprints ID
46878