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Leisure Tourism

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Abstract

Purpose: The purpose of this study is to explore the relationship between the real time requirements of guests and efforts made by hoteliers to optimize revenue and guest service excellence. Design/methodology/approach: Prior studies have demonstrated the impact of room rates on profitability. The...

Author(s)
Thakurta, P. G.
Publisher
Emerald Group Publishing Ltd, Bingley, UK
Citation
Worldwide Hospitality and Tourism Themes, 2016, 8, 4, pp 461-468
Abstract

The hotel industry generally recognizes the advantages of a central business district location, resulting in higher demand, pricing ability, and profitability. What research has not done is to consider the negative effects of agglomeration and competition among centrally located hotels. Reasoning...

Author(s)
Lee, S. K.; Jang, S. C.
Publisher
Sage Publications, Thousand Oaks, USA
Citation
Cornell Hospitality Quarterly, 2012, 53, 2, pp 165-173
Abstract

We find that hotel mergers increase occupancy. In some specifications, price also rises. Because these effects occur only in markets with high capacity utilization and high uncertainty, we reject simple models of price or quantity competition in favor of models of "revenue management," where firms...

Author(s)
Kalnins, A.; Froeb, L.; Tschantz, S.
Publisher
Wiley, Boston, USA
Citation
Rand Journal of Economics, 2017, 48, 1, pp 178-202
Abstract

Through this empirically based convention hotel-convention bureau study the authors analyze revenue demand, room rate, and convention bookings among convention hotels in a mid-west urban market. Multivariate linear regression models are used to understand the relationships between revenue, room...

Author(s)
Maier, T. A.; Johanson, M.
Publisher
Routledge, Philadelphia, USA
Citation
Journal of Convention & Event Tourism, 2013, 14, 1, pp 2-20
Abstract

Purpose - The objectives of this study are to investigate the relationship between hotel room demand and room rates, and to find a viable solution for the optimal room rate that maximizes the total profit. Design/methodology/approach - There are various studies in the literature on how room rates...

Author(s)
Tse, T. S. M.; Poon, Y. T.
Publisher
Emerald Group Publishing Ltd, Bradford, UK
Citation
International Journal of Contemporary Hospitality Management, 2012, 24, 4, pp 507-521