DUGiDocsThe effect on prices of the attributes of holiday hotels: a hedonic prices approach
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dc.date.accessioned
2015-03-17T14:27:54Z
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2015-03-17T14:27:54Z
dc.date.issued
2003
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1354-8166
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dc.description.abstract
This article examines the effect on price of different characteristics of holiday hotels in the sun-and-beach segment. The effect on price is estimated under the hedonic function perspective by means of random effect models, known also as mixed or panel models. Some 82,000 prices were gathered between 1991 and 1998 from tour operator catalogues. The study reveals huge price differences between 4-star hotels and the rest, coupled with practically no difference between 1-star and 2-star hotels. Other attributes with a significant effect on price are town, hotel size, distance to the beach and availability of parking place. The results can assist hotel managers in shaping pricing and investment strategies
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14 p.
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application/pdf
dc.language.iso
eng
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IP Publishing
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Reproducció digital del document publicat a: http://dx.doi.org/10.5367/000000003101298330
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© Tourism Economics, 2003, vol. 9, núm. 2, p. 165-178
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Articles publicats (D-EC)
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Tots els drets reservats. Reproduced by permission
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Espinet i Rius, Josep Maria Sáez Zafra, Marc Coenders, Germà Fluvià, Modest 2003 The effect on prices of the attributes of holiday hotels: a hedonic prices approach Tourism Economics 9 2 165 178
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dc.title
The effect on prices of the attributes of holiday hotels: a hedonic prices approach
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info:eu-repo/semantics/article
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info:eu-repo/semantics/openAccess
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info:eu-repo/semantics/publishedVersion
dc.identifier.doi
dc.identifier.idgrec
002054
dc.identifier.eissn
2044-0375