Pure Price Changes of Lodging Properties

dc.contributor.author	Corgel, John B.
dc.contributor.author	deRoos, Jan A.
dc.date.accessioned	2020-09-12T21:04:14Z
dc.date.available	2020-09-12T21:04:14Z
dc.date.issued	1992-04-01
dc.description.abstract	[Excerpt] In this article, we report on research to measure the temporal changes in the prices of lodging properties. Our specific objective is to present the results of an ongoing study at the Cornell University School of Hotel Administration to model and index the selling prices of lodging properties. The Cornell-index study reveals that prices responded quickly to changes in the tax treatment of real estate contained in the 1986 Tax Reform Act, and those prices have remained below 1985 levels ever since-this despite well-publicized Japanese investment in U.S. real estate.
dc.description.legacydownloads	deRoos17_Pure_Price_Changes_of_Lodging_Properties.pdf: 299 downloads, before Aug. 1, 2020.
dc.identifier.other	4939629
dc.identifier.uri	https://hdl.handle.net/1813/71686
dc.language.iso	en_US
dc.rights	Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subject	lodging properties
dc.subject	price index
dc.subject	statistical analysis
dc.subject	real estate
dc.title	Pure Price Changes of Lodging Properties
dc.type	article
local.authorAffiliation	Corgel, John B.: jc81@cornell.edu Cornell University
local.authorAffiliation	deRoos, Jan A.: jad10@cornell.edu Cornell University

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