Examining the determinants of room rates for hotels in capital cities: The Oslo experience
作者： Christer Thrane
DOI: 10.1057/PALGRAVE.RPM.5160055
关键词: Yield management 、 Consumer behaviour 、 Downtown 、 Revenue management 、 Demand management 、 Demographic economics 、 Capital (economics) 、 Economics 、 Product (category theory) 、 Microeconomics 、 Seemingly unrelated regressions
摘要: Price hedonic theory states that the price for a product may be thought of as an additive function various utility-bearing attributes embedded in product. Within this framework, present study demonstrates how room rates hotels and around Norwegian capital Norway can linked to certain hotel attributes. Seemingly unrelated regression (SUR) models incorporating nine explain about 70% variation rates. Of particular importance respect, are mini-bar, hairdryer, free parking distance downtown.
springer.com
unirioja.es
hil.no参考文章(22)
Lawrence Wu, The pricing of a brand name product Journal of Business Venturing. ,vol. 14, pp. 87- 102 ,(1999) , 10.1016/S0883-9026(97)00101-8
Jeffrey M. Wooldridge, Introductory Econometrics: A Modern Approach ,(1999)
GERMÀ COENDERS, JOSEP MARIA ESPINET, MARC SAEZ, Predicting random level and seasonality of hotel prices: a latent growth curve approach. Tourism Analysis. ,vol. 8, pp. 15- 31 ,(2003) , 10.3727/108354203108750148
David E. Andersson, Hypothesis testing in hedonic price estimation - On the selection of independent variables The Annals of Regional Science. ,vol. 34, pp. 293- 304 ,(2000) , 10.1007/S001689900010
Andreas Papatheodorou, Exploring Competitiveness in Mediterranean Resorts Tourism Economics. ,vol. 8, pp. 133- 150 ,(2002) , 10.5367/000000002101298034
P.M. Aguiló, J. Alegre, A. Riera, Determinants of the Price of German Tourist Packages on the Island of Mallorca Tourism Economics. ,vol. 7, pp. 59- 74 ,(2001) , 10.5367/000000001101297739
Adrian O. Bull, Pricing a Motel’s Location International Journal of Contemporary Hospitality Management. ,vol. 6, pp. 10- 15 ,(1994) , 10.1108/09596119410070422
E. Aguilo, J. Alegre, M. Sard, Examining the Market Structure of the German and UK Tour Operating Industries through an Analysis of Package Holiday Prices Tourism Economics. ,vol. 9, pp. 255- 278 ,(2003) , 10.5367/000000003101298385
Sherwin Rosen, Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition Journal of Political Economy. ,vol. 82, pp. 34- 55 ,(1974) , 10.1086/260169
Masahisa Fujita, Urban Economic Theory: Land Use and City Size The Economic Journal. ,vol. 100, pp. 1015- ,(1989) , 10.1017/CBO9780511625862