Abstract:Purpose
The purpose of this paper is to analyze the implicit prices of hotel attributes in different time periods and different markets.
Design/methodology/approach
With data from the travel meta-search engine, this paper chose 3- to 5-star hotels in Beijing’s central business district and use hedonic price models.
Findings
The results suggest that the attributes with significant implicit prices differ in different time periods; the same attributes with different implicit prices in different time periods; … Show more
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