Corgel, John B.deRoos, Jan A.2020-09-122020-09-121994-12-014939523https://hdl.handle.net/1813/71685[Excerpt] In this article we explore the idea that the transaction price may be different for a given lodging property in the case of one buyer and seller pair relative to another. The findings reported here are from a statistical exploration that is made possible by a large database of lodging-property transactions that occurred throughout the United States during the late 1980s and early 1990s. We begin with a discussion of previous research on the influence of buyers and sellers on property prices, then we present the findings from our study and their implications.en-USRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.lodging-property markettransaction pricesellersbuyersproperty valuesarticle