(Pot)Heads in Beds: The Effect of Marijuana Legalization on Hotel Occupancy in Colorado and Washington
Meehan, Brian, Corey J., Rusko, and E. Frank, Stephenson. "(Pot)Heads in Beds: The Effect of Marijuana Legalization on Hotel Occupancy in Colorado and Washington". Journal of Regional Analysis & Policy 50, no.1 (2020): 46–53.
8 Pages Posted: 17 Mar 2021
Date Written: May 3, 2020
This paper uses monthly hotel occupancy data to examine the effect of marijuana legalization on tourism in Colorado and Washington. The results indicate a large increase in hotel rooms rented in Colorado, with a considerably smaller effect for Washington. The effects are larger in both states once commercial sale is permitted above and beyond legalizing possession and individual cultivation.
Keywords: marijuana, cannabis, weed, legalization, colorado, washington, hotel occupancy, panel data, fixed effects, public policy
JEL Classification: C54, H73, R11, Z38
Suggested Citation: Suggested Citation