Journal
INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT
Volume 90, Issue -, Pages -Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.ijhm.2020.102640
Keywords
hedonic pricing model; hotel room rates; kernel density; heritage site; Geographical Information System
Categories
Ask authors/readers for more resources
This study measures the effect of historic monuments on hotel room pricing in Seville, Spain. A hedonic model including classic explanatory variables and the city's heritage site was specified to explain hotel room rates. Variables related with heritage sites were determined to explain room rates and an iso-values map was obtained for the rates of a 'standard hotel' to show the impact of historic buildings on hotel rates. The maps display the area of influence of the heritage site. These results may be of interest to entrepreneurs, consumers, or the administration, among others, due to it permits them to determine which location maximizes rates.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available