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Abstract

Revenue management is executed more closely on average by hotels that price above their competitive set than by those that price below their competitive set. This observation holds true in each year from 2001 through 2005, even as the economic situation of the industry first deteriorated and then...

Author(s)
Canina, L.; Enz, C. A.
Publisher
School of Hotel Administration, Ithaca, USA
Citation
Cornell Hospitality Report, 2006, 6, 8, pp 4-16
Abstract

The U.S. hotel industry faced two major external shocks in the decade of the 2000s, the terrorist attacks of September 11, 2001, and the financial crisis of September 2008, which led to an economic recession. Using data from STR covering nearly 35,000 hotels, this study isolates the specific...

Author(s)
Kosová, R.; Enz, C. A.
Publisher
Sage Publications, Thousand Oaks, USA
Citation
Cornell Hospitality Quarterly, 2012, 53, 4, pp 308-325