Proceedings of the 9th Business & Management Conference, Prague

THE INFLUENCE OF SHORT-TERM RENTAL ON RENTAL HOUSING PRICES IN PRAGUE

SANDRA BESTAKOVA

Abstract:

Prague has for a long time been struggling with the problem of constantly increasing housing prices and their lack. Offer available apartments is extremely low and is manifested by significant price growth and also the limited supply of apartments for sale and rent. One of the factors influencing the price of flats in Prague may be short-term rentals. Today there is an increasing number of flats in the total offer of short-term rentals and the number of hosts with more than one offer is also rising. Airbnb will deviate from its original idea of sharing "extra beds".

Keywords: short-term rental; Prague; sharing economy; Airbnb

DOI: 10.20472/BMC.2019.009.002

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