期刊
TOURISM MANAGEMENT
卷 26, 期 6, 页码 845-850出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.tourman.2004.04.008
关键词
international tourist hotel; market concentration; profitability
This paper adopts Hsiao (1986) panel data techniques, with metropolitan-level panel data from Taiwan, to examine how the market structures of various related service markets and hotels' locations affect hotels' profitability. The empirical results indicate that: (1) market concentration in rooms could significantly improve international tourist hotels' profitability, while concentration in the food and beverage markets have positive but insignificant effects, and (2) the locations of the international tourist hotels significantly affect their profitability. (c) 2004 Elsevier Ltd. All rights reserved.
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