Tourist apartments, Covid-19, and platform capitalism

Authors

  • Agustín Cocola-Gant Centro de Estudos Geográficos, Instituto de Geografia e Ordenamento do Território, Universidade de Lisboa https://orcid.org/0000-0003-3395-4233

DOI:

https://doi.org/10.18055/Finis20187

Abstract

To understand how the short-term rental market is responding to the pandemic, we need to analyse how this market has been reorganized in recent years. This text is based on the study we carried out of this market in Portugal within the scope of the SMART OUR project, and highlights two fundamental points. The first is to grasp the flexibility and control over the property that this market offers to owners and investors. The second point is the rise of short-term rental management agencies and how they position themselves in the current digital platform capitalism. The text explains how these aspects allow property owners to speculate on assets for a few months while waiting for the tourist market to come back, which means an increase of the vulnerability of tenants like never before to the point that housing loses its social function.

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Published

2021-08-05

How to Cite

Cocola-Gant, A. . (2021). Tourist apartments, Covid-19, and platform capitalism. Finisterra, 55(115), 211–216. https://doi.org/10.18055/Finis20187

Issue

Vol. 55 No. 115 (2020): Special number: COVID-19

Section

Articles

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