TABLE 5.
Correlation between the nightly price with the 9 sociodemographic features of the area.
| Description of the area surrounding the 569 properties |
Correlation with |
||
| (500-m radius) (Deskmind Research) | Nightly price (May 21–Apr 22) |
||
| N | Pearson’s Corr | Significance | |
| Resident population | 569 | –0.084* | 0.045 |
| Density of resident population | 569 | –0.084* | 0.045 |
| Socioeconomic Index (scale 0–10) | 569 | 0.054 | 0.201 |
| % of second homes (Over total dwellings) | 569 | 0.028 | 0.512 |
| No. of active businesses (shops) | 569 | 0.041 | 0.33 |
| No. of Restaurants/Bars/Cafés | 569 | 0.048 | 0.25 |
| No. of Traditional hotels/residences | 569 | 0.103* | 0.014 |
| No. of Urban public transport stations | 569 | 0.099* | 0.018 |
| No. of cultural venues (cinemas/theater…) | 569 | 0.096* | 0.022 |
*Correlation is significant at 0.05 (bilateral). Source: Own elaboration.