Technology- And Human-Intensiveness in Room Rate-Setting: A Study of Four Styles among Asia-Pacific Hotels
dc.contributor.author | Lim, Lewis K. S. | |
dc.contributor.author | Kimes, Sheryl E. | |
dc.date.accessioned | 2020-09-12T21:10:51Z | |
dc.date.available | 2020-09-12T21:10:51Z | |
dc.date.issued | 2013-03-01 | |
dc.description.abstract | Room rate-setting is a complex and challenging task that carries many financial and non-financial consequences for hotels. The extent to which a hotel emphasizes technology and/or human processes defines its rate-setting style. A survey of 170 hotels in the Asia-Pacific region reveals that hotels generally practice four major rate-setting styles. The style varies not only across hotels but also among hotels within the same chain. Importantly, hotels practicing the high technology-intensive/high human-intensive style are likely to produce better financial performance than other hotels. Hotels can promote both technology- and human-intensiveness by developing certain organizational traits and cultures. This research contributes toward a deeper understanding of hotel rate-setting by shedding light on the consequences and motivating factors of different rate-setting styles. | |
dc.description.legacydownloads | Kimes2_Technology.pdf: 222 downloads, before Aug. 1, 2020. | |
dc.identifier.other | 8328313 | |
dc.identifier.uri | https://hdl.handle.net/1813/72274 | |
dc.language.iso | en_US | |
dc.relation.doi | https://doi.org/10.1057/rpm.2012.29 | |
dc.rights | Required Publisher Statement: © Palgrave Macmillan. Final version published as: Lim, L. K. S., & Kimes, S. E. (2013). Technology- and human-intensiveness in room rate-setting: A study of four styles among Asia-Pacific hotels. Journal of Revenue and Pricing Management, 12(2), 177-200. Reprinted with permission. All rights reserved. | |
dc.subject | revenue management | |
dc.subject | pricing | |
dc.subject | room rates | |
dc.subject | technology use | |
dc.subject | human processes | |
dc.subject | hotel performance | |
dc.title | Technology- And Human-Intensiveness in Room Rate-Setting: A Study of Four Styles among Asia-Pacific Hotels | |
dc.type | article | |
local.authorAffiliation | Lim, Lewis K. S.: Nanyang Technological University | |
local.authorAffiliation | Kimes, Sheryl E.: sek6@cornell.edu Cornell University School of Hotel Administration |
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