Oladiran, O. orcid.org/0000-0003-4114-2868, Sunmoni, A., Ajayi, S. et al. (2 more authors) (2023) What property attributes are important to UK university students in their online accommodation search? Journal of European Real Estate Research, 16 (1). pp. 130-151. ISSN 1753-9269
Abstract
Purpose: This paper examines the categories of property attributes that are important to UK university students in their online accommodation search. It also analyses the volume of information displayed regarding the property attributes and explores the influence of some of the information provided on the attractiveness and by extension, the booking potential of the property.
Design/methodology/approach: The authors use data from an online student accommodation listing platform – student.com – which contain tangible and non-tangible property attributes, and the data are analysed using a hedonic regression model.
Findings: The results show that purpose-built student accommodation's (PBSA) tangible and intangible attributes are important to students in their online accommodation search, although, these attributes vary in impact. The study also reveals that failure to display key information of a PBSA may reduce the attractiveness of the property.
Originality/value: The empirical evidence on student accommodation ex ante preferences and choices is limited, particularly as it relates to online accommodation search in a UK context. The authors' approach to identify the application of the search theory to the student accommodation search process is particularly unique.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2022, Emerald Publishing Limited. This is an author-produced version of a paper subsequently published in Journal of European Real Estate Research. This version is distributed under the terms of the Creative Commons Attribution-NonCommercial Licence (http://creativecommons.org/licenses/by-nc/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. You may not use the material for commercial purposes. |
Keywords: | Operational real estate; purpose-built student accommodation; PBSA; PropTech; online search; hedonic model |
Dates: |
|
Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Urban Studies & Planning (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 29 Jun 2022 14:47 |
Last Modified: | 10 Jul 2024 15:44 |
Status: | Published |
Publisher: | Emerald |
Refereed: | Yes |
Identification Number: | 10.1108/JERER-03-2021-0019 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:188174 |