The Effects of Gasoline-price Changes on Room Demand: A Study of Branded Hotels from 1988 through 2000
dc.contributor.author | Canina, Linda | |
dc.contributor.author | Walsh, Kate | |
dc.contributor.author | Enz, Cathy A. | |
dc.date.accessioned | 2020-09-12T21:04:29Z | |
dc.date.available | 2020-09-12T21:04:29Z | |
dc.date.issued | 2003-08-01 | |
dc.description.abstract | [Excerpt] As hoteliers have long suspected, gasoline-price increases do depress overall lodging demand, but not all segments feel the effects in the same way (and some not at all). “With gas prices at a premium this summer, every little bit helps,” proclaimed Wayne Wielgus, senior vice president of marketing for Choice Hotels, as he announced a gasoline price promotion in 2002. During that summer Choice Hotels gave its guests a $5 gas card when they booked in advance and stayed for a minimum of two nights at Comfort, Quality, Clarion, Sleep, or MainStay Suites properties. Choice planned to give away $2 million in free gasoline in response to the concern that consumers would stay at home as gasoline prices rose. This view that gasoline-price increases depress hotel bookings is shared by many. A 2001 study suggested that 14 percent of all travelers, or 19.2 million people, would travel less or cancel vacations because of rising fuel prices. | |
dc.description.legacydownloads | Enz38_The_Effects_of_Gasoline_price_Changes_on_Room_Demand.pdf: 413 downloads, before Aug. 1, 2020. | |
dc.identifier.other | 5604320 | |
dc.identifier.uri | https://hdl.handle.net/1813/71724 | |
dc.language.iso | en_US | |
dc.rights | Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved. | |
dc.subject | hospitality industry | |
dc.subject | hotel room demand | |
dc.subject | gasoline price | |
dc.subject | fluctuations | |
dc.title | The Effects of Gasoline-price Changes on Room Demand: A Study of Branded Hotels from 1988 through 2000 | |
dc.type | article | |
local.authorAffiliation | Canina, Linda: lc29@cornell.edu Cornell University | |
local.authorAffiliation | Walsh, Kate: kmw33@cornell.edu Cornell University | |
local.authorAffiliation | Enz, Cathy A.: cae4@cornell.edu Cornell University |
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