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1 – 10 of 291Emeka Austin Ndaguba and Cina Van Zyl
This study aims to explore the impact of locational and seasonal factors on the financial performance of short-term rental properties in Margaret River, Western Australia. It…
Abstract
Purpose
This study aims to explore the impact of locational and seasonal factors on the financial performance of short-term rental properties in Margaret River, Western Australia. It seeks to address the gap in understanding how these factors influence key financial metrics such as average daily rate (ADR) and occupancy rates, providing insights for property managers, investors and policymakers.
Design/methodology/approach
The research uses a mixed-method approach, integrating advanced predictive modeling techniques, such as Random Forests and Gradient Boosting, with spatial clustering algorithms like density-based spatial clustering of applications with noise (DBSCAN) and ordering points to identify the clustering structure (OPTICS). The study analyzes a comprehensive data set of short-term rental properties between 2012 and 2019. It focuses on locational attributes, seasonal variations and financial outcomes.
Findings
The findings reveal that properties located near tourist attractions and amenities consistently achieve higher ADRs and occupancy rates, confirming the critical role of location in driving rental demand. Seasonal analysis indicates significant fluctuations in both ADR and occupancy rates, with peaks during high tourist seasons and troughs in off-peak periods. The study underscores the importance of dynamic pricing strategies to optimize revenue and sustain occupancy across different seasons. In addition, it highlights the influence of property features, such as the number of bedrooms and bathrooms, on ADR, while noting that larger properties do not necessarily achieve higher occupancy rates.
Research limitations/implications
Future research could expand the scope to include different locations and explore the long-term impacts of locational and seasonal factors on property performance.
Originality/value
This research contributes to the literature by integrating spatial analysis with advanced predictive modeling techniques to provide a nuanced understanding of how locational and seasonal factors impact financial performance in the short-term rental market. It offers a novel application of data analytics within the context of tourism and hospitality management, bridging theoretical frameworks with practical insights.
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Tiffany Hunt and Margaret Hudson
This grant-funded research utilized conversational agents (CAs), specifically Alexa Flash Briefings, to deliver supplemental audio content across educational settings, expanding…
Abstract
Purpose
This grant-funded research utilized conversational agents (CAs), specifically Alexa Flash Briefings, to deliver supplemental audio content across educational settings, expanding the online learning environment of graduate students, residency teachers and mentors. The study aimed to determine the perceived usability of Flash Briefings and explore participant experiences related to Flash Briefings.
Design/methodology/approach
To explore Flash Briefing usability and participant perceptions, a review of relevant literature and researcher experience feedback was conducted. Additionally, graduate student feedback was sought via a modified Children’s Usage Rating Profile (CURP) Assessment survey, which also included questions related to listening habits and provided space for participants to share open-ended qualitative feedback. Data were analyzed for themes and descriptive statistics were calculated.
Findings
Findings suggest an overall positive perception of the use of Flash Briefings. A mix of positive experiences and challenges are identified based on user population. The study provides valuable insights for refining the utilization of Flash Briefings in higher education settings.
Research limitations/implications
Variable levels of participation across a small sample size minimizes the generalizability of the results and fails to explore perceptions of student teachers and mentors.
Practical implications
The study offers an initial indication of benefits and challenges found in the implementation of an innovative technological intervention.
Originality/value
There is a continued need and demand for extending online instructional accessibility and communication across broad geographic areas. This study considers a unique approach and provides a step toward closing this gap by analyzing the effectiveness this content modality offers in higher education.
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Heather Tunender, Lisa Tatum, Ellen Purcell, Peter Murray and Margaret Tapper
Abstract
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Zoë Plakias, Margaret Jodlowski, Taylor Giamo, Parisa Kavousi and Keith Taylor
Despite 2016 legalization of recreational cannabis cultivation and sale in California with the passage of Proposition 64, many cannabis businesses operate without licenses…
Abstract
Purpose
Despite 2016 legalization of recreational cannabis cultivation and sale in California with the passage of Proposition 64, many cannabis businesses operate without licenses. Furthermore, federal regulations disincentivize financial institutions from banking and lending to licensed cannabis businesses. The authors explore the impact of legal cannabis business activity on California financial institutions, the barriers to banking faced by cannabis businesses, and the nontraditional sources of financing used by the industry.
Design/methodology/approach
The authors use a mixed methods approach. The authors utilize call data for banks and credit unions headquartered in California and state cannabis licensing data to estimate the impact of the extensive and intensive margins of licensed cannabis activity on key banking indicators using difference-and-difference and fixed effects regressions. The qualitative data come from interviews with industry stakeholders in northern California's “Emerald Triangle” and add important context.
Findings
The quantitative results show economically and statistically significant impacts of licensed cannabis activity on banking indicators, suggesting both direct and spillover effects from cannabis activity to the financial sector. However, cannabis businesses report substantial barriers to accessing basic financial services and credit, leading to nontraditional financing arrangements.
Practical implications
The results suggest opportunities for cannabis businesses and financial institutions if regulations are eased and important avenues for further study.
Originality/value
The authors contribute to the nascent literature on cannabis economics and the literature on banking regulation and nontraditional finance.
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Lori G. Boyland, Jeff Swensson, John G. Ellis, Lauren L. Coleman and Margaret I. Boyland
School principals should lead for social change, particularly in support of vulnerable or marginalized students. An important social justice issue in which principals must provide…
Abstract
School principals should lead for social change, particularly in support of vulnerable or marginalized students. An important social justice issue in which principals must provide strong leadership, but may not be adequately prepared in university training, is creating positive and inclusive school environments for lesbian, gay, transgender, bisexual, and questioning (LGBTQ) students. Research reveals that LGBTQ students experience high rates of discrimination, bullying, and physical assault due to their sexual orientation or gender expression. This Application Brief describes how faculty members at a Midwest university developed curriculum and pedagogy for their principal preparation program with the goal of promoting the knowledge and skills that future school leaders need to provide effective leadership for protection, acceptance, and affirmation of LGBTQ students.