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Causal impacts of tourism on housing markets in Mediterranean destinations

From financial crisis to post-pandemic era

Bibliographic Data

ID21689693
AuthorsLuis Moreno-Izquierdo (0000-0003-3260-5883, University Institute for Tourism Research, University of Alicante, corresponding author), José Francisco Perles Ribes (0000-0001-7587-8035, University of Alicante), Agustina Romero (0000-0001-5814-4662, Universidad Nacional de La Plata), Teresa Torregrosa (0000-0002-8434-9677, University of Alicante), Aimée Torres-Penalva (0000-0003-2041-8159, IEI/University of Alicante)
Year2026
Publication date2026-07-02
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueTourism Economics (JOURNAL)
Journal identifiersISSN: 1354-8166 • E-ISSN: 2044-0375
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/13548166261462676
OpenAlexW7167271742
LanguageEN
References cited57

This paper analyses the relationship between the evolution of residential rental and housing prices and tourism activity. We focus on four Spanish Mediterranean destinations over a time frame that covers the two major global shocks of recent decades: the Financial Crisis and the COVID-19 pandemic. Methodologically, the study employs a non-interventionist quasiexperimental design based on an Interrupted Time Series framework, allowing us to assess how the structural characteristics of each destination—together with tourism-related and structural factors shaping property markets—act as amplifiers or dampeners of housing price dynamics across different tourism specialisation models. From these results, relevant policy implications can be derived

Destinations · Financial crisis · Financialization · Mediterranean climate · Property market · Rental housing · Renting · Tourism · Housing Market and Economics · Migration, Aging, and Tourism Studies · Sharing Economy and Platforms

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