To recap on Section 4.3, the hedonic price of a characteristic is
calculated by multiplying the coefficient by the price of the
accommodation type in each district. The hedonic prices for the significant variables for the landscape specifications L1 are
shown in Table 5. The hedonic prices are calculated using the
average, the minimum and the maximum price of all the
districts for one night in private accommodation. Table 6
shows the results for the specifications L2. As mentioned
above it can be expected that hotel accommodation is valued
higher than B&B accommodation. Here, the hedonic price for
hotel accommodation is double to that of B&B for all of the
specifications. Dike share and absolute dike length have
negative hedonic prices; that is, they are a disamenity. On
the other hand, the share of open coast and the absolute length
of open coast are amenities. Agricultural land use has a small
but negative hedonic price.