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Pricing in the Hospitality Industry: An Implicit Market Approach

dc.contributor.authorCarvell, Steven A.
dc.contributor.authorHerrin, William E.
dc.date.accessioned2020-09-12T21:09:30Z
dc.date.available2020-09-12T21:09:30Z
dc.date.issued1990-10-01
dc.description.abstractThe authors apply economic theory to an analysis of industry pricing. Data from a cross-section of San Francisco hotels is used to estimate the implicit prices of common hotel amenities, and a procedure for using these prices to estimate consumer demands for the attributes is outlined. The authors then suggest implications for hotel decision makers. While the results presented here should not be generalized to other markets, the methodology is easily adapted to other geographic areas.
dc.description.legacydownloadsCarvell11_Pricing_in_the_Hospitality_Industry__An_Implicit_Markets_Approach.pdf: 3370 downloads, before Aug. 1, 2020.
dc.identifier.other5032322
dc.identifier.urihttps://hdl.handle.net/1813/72185
dc.language.isoen_US
dc.rightsRequired Publisher Statement: © FIU Hospitality Review. Reprinted with permission. All rights reserved.
dc.subjectpricing
dc.subjectamenities
dc.subjecthospitality industry
dc.subjecteconomic theory
dc.titlePricing in the Hospitality Industry: An Implicit Market Approach
dc.typearticle
local.authorAffiliationCarvell, Steven A.: sac20@cornell.edu Cornell University
local.authorAffiliationHerrin, William E.: University of the Pacific

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