2008
DOI: 10.1016/j.ijindorg.2007.02.001
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Intermediaries as quality assessors: Tour operators in the travel industry

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Cited by 30 publications
(17 citation statements)
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“…However, in general, we can think that the official rating (the number of stars) is, at best, a noisy indicator of the overall quality of the hotel establishment (with γ<1 in our model) and, as a consequence, CSR might still play a role in signaling hotel product quality . As a matter of fact, Clerides, Nearchou, and Pashardes () show that tour operators incorporate their superior information into their own ratings of hotel establishments, which are, as a result, more accurate indicators of quality than nationally provided ratings (the number of stars)…”
Section: Empirical Analysismentioning
confidence: 99%
“…However, in general, we can think that the official rating (the number of stars) is, at best, a noisy indicator of the overall quality of the hotel establishment (with γ<1 in our model) and, as a consequence, CSR might still play a role in signaling hotel product quality . As a matter of fact, Clerides, Nearchou, and Pashardes () show that tour operators incorporate their superior information into their own ratings of hotel establishments, which are, as a result, more accurate indicators of quality than nationally provided ratings (the number of stars)…”
Section: Empirical Analysismentioning
confidence: 99%
“…Additionally, even if ratings (stars) are correct when first awarded, one may wonder to what extent they are followed by the authorities. As a matter of fact, Clerides et al (2008) show that tour operators incorporate their superior information into their own ratings of hotel establishments, which are, as a result, more accurate indicators of quality than nationally provided ratings (the number of stars). Additional evidence on the noisiness of stars is the existence of websites such as 'tripadvisor.com' in which consumers rate hotel services.…”
Section: Other Independent Variablesmentioning
confidence: 99%
“…3 Attempts to alleviate this problem are often directed towards selecting reviewers who are expected to use objective criteria and superior information in the evaluation. For example, Clerides et al (2008) show that hotel ratings provided by tour operators are more accurate descriptors of quality than those provided by national authorities because the former are better informed. The same applies to recruitment firms specializing in evaluating job candidates on behalf of interested organizations.…”
Section: Introductionmentioning
confidence: 99%