dc.contributor
Universitat de Girona. Departament d'Economia
dc.contributor.author
Coenders, Germà
dc.contributor.author
Espinet i Rius, Josep Maria
dc.contributor.author
Sáez Zafra, Marc
dc.date.accessioned
2024-06-13T09:58:06Z
dc.date.available
2024-06-13T09:58:06Z
dc.identifier
Coenders, G.; Espinet, J.M.; Sáez, M. Predicting random level and seasonality of hotel prices. A structural equation growth curve approach. Girona: Universitat de Girona. Departament d'Economia, 2001. (Documents de Treball; 1). Disponible a Internet a: http://hdl.handle.net/10256/275
dc.identifier
DL Gi.472-2002
dc.identifier
http://hdl.handle.net/10256/275
dc.identifier.uri
http://hdl.handle.net/10256/275
dc.description.abstract
This article examines the effect on price of different characteristics of holiday hotels in the sun-and-beach segment, under the hedonic function perspective. Monthly prices of the majority of hotels in the Spanish continental Mediterranean coast are gathered from May to October 1999 from the tour operator catalogues. Hedonic functions are specified as random-effect models and parametrized as structural equation models with two latent variables, a random peak season price and a random width of seasonal fluctuations. Characteristics of the hotel and the region where they are located are used as predictors of both latent variables. Besides hotel category, region, distance to the beach, availability of parking place and room equipment have an effect on peak price and also on seasonality. 3- star hotels have the highest seasonality and hotels located in the southern regions the lowest, which could be explained by a warmer climate in autumn
dc.format
application/pdf
dc.publisher
Universitat de Girona. Departament d'Economia
dc.relation
info:eu-repo/semantics/altIdentifier/issn/1579-475X
dc.rights
Aquest document està subjecte a una llicència Creative Commons: Reconeixement – No comercial – Sense obra derivada (by-nc-nd)
dc.rights
http://creativecommons.org/licenses/by-nc-nd/3.0/deed.ca
dc.rights
info:eu-repo/semantics/openAccess
dc.source
Documents de Treball; 1
dc.subject
Preus de cost -- Control -- Models economètrics
dc.subject
Creixement -- Models matemàtics
dc.title
Predicting random level and seasonality of hotel prices. A structural equation growth curve approach
dc.type
info:eu-repo/semantics/workingPaper
