Competition and lodging room rates

Ellerbrock, Michael J.; Hite, James C.; Wells, Gary J.

doi:10.1016/0278-4319(84)90036-7

Cited by 3 publications

(2 citation statements)

References 14 publications

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“…In analysing the hospitality research topics that fell under IO analysis, it was noted that the S-C-P paradigm, which postulates causal effects from the structure of a market to the conduct and performance of firms, was tested in a limited number of sectors. These sectors included the hotel and lodging sector whereby the market was assumed to operate under oligopoly (Chung, 2000;Davies, 1999;Davies and Donward, 1996) or monopolistic competition (Ellerbrock et al, 1984). The findings from these studies were generally inconclusive.…”

Section: Industrial Organisation and Market Structure Analysismentioning

confidence: 98%

The contributions of economics to hospitality literature: A content analysis of hospitality and tourism journals

Mohammed

Guillet

Law

2015

International Journal of Hospitality Management

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Section: Industrial Organisation and Market Structure Analysismentioning

confidence: 98%

The contributions of economics to hospitality literature: A content analysis of hospitality and tourism journals

Mohammed

Guillet

Law

2015

International Journal of Hospitality Management

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“…As a result, price formation is not influenced exclusively by demand and/or offer but from additional factors as well. Ellerbrock et al (1984) were among the first to claim that among the basic economic market structures (perfect competition, pure monopoly, oligopoly and monopolistic competition) the latter represents better the hospitality industry (many sellers, slightly differentiated products, similar costs, competition through advertising, no entry barriers, dual demand curves -perceived and realistic). He also presented an empirical model for price formation of tourism services.…”

Section: Theoretical Background and Motivation 21 Price Formation For Tourism Servicesmentioning

confidence: 99%

Location aware auctions for tourism services

Marentakis

Emiris²

2010

Journal of Hospitality and Tourism Technology

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Purpose -The purpose of this paper is to propose a conceptual architecture for the development of an auction business-to-consumer marketplace where sellers offer available resources and services aiming to maximize their revenue while on-the-move travelers bid for them subject to the geographical area they are located in. Design/methodology/approach -Based on previous findings from the literature and aggregate results from a preliminary field survey, core communication requirements, marketplace architecture, and communication workflows are presented. Findings -Findings from the literature and field study exhibit a great potential for the successful use of location sensitive auction applications in tourism sector. Mobile auctions seem attractive for the efficient allocation and pricing of travel resources by abolishing the internet's barriers related to travelers computing requirements; furthermore, location-based services (LBS) may reduce significantly the communication costs for sellers. The proposed marketplace is beneficial for a number of stakeholders beyond sellers, like auctioneer, mobile communications providers, and LBS providers.Research limitations/implications -The proposed architecture is in conceptual form and is currently under development. Infrastructure issues (like communication load, required bandwidth and protocol) are being investigated. Future research will focus on the integration of the architecture in an extended multi-provider environment forming virtual enterprises. The viability and acceptance of the proposed model should be further investigated through an extended detailed market survey. Originality/value -To the authors' best knowledge it is the first attempt to propose a locationsensitive auction marketplace for tourism services.

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