Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach

Detalhes bibliográficos
Autor(a) principal: Soler, Ismael P.
Data de Publicação: 2017
Outros Autores: Gemar, German
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://tmstudies.net/index.php/ectms/article/view/966
Resumo: Despite its importance as a tourist attraction, sparse research regarding tourism and hospitality has been focused on Seville’s April Fair. That is why the main purpose of this paper is to assess the impact the April Fair and other key elements have on hotels, using the well-known hedonic price model and a database of 1,548 items compiled using TripAdvisor. The results suggest that although the April Fair has a significant and positive effect on the prices of hotel rooms, these results are mixed during the fair. Specifically, the effects of the April Fair can be felt during the weekdays when fairgoers add to those visiting the city on business. However, during the weekend, fair prices do not differ from a non-April day fair. In addition, prices on Sunday Fair are lower than average prices on non-April Fair days. This has important implications for both hotels and organisers of the event. In addition, the results show how the category begins to lose importance in relation to the assessment of the quality perceived by customers. Some implications and solutions are discussed below.
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spelling Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approachSevillehotelhedonicApril FailpricesDespite its importance as a tourist attraction, sparse research regarding tourism and hospitality has been focused on Seville’s April Fair. That is why the main purpose of this paper is to assess the impact the April Fair and other key elements have on hotels, using the well-known hedonic price model and a database of 1,548 items compiled using TripAdvisor. The results suggest that although the April Fair has a significant and positive effect on the prices of hotel rooms, these results are mixed during the fair. Specifically, the effects of the April Fair can be felt during the weekdays when fairgoers add to those visiting the city on business. However, during the weekend, fair prices do not differ from a non-April day fair. In addition, prices on Sunday Fair are lower than average prices on non-April Fair days. This has important implications for both hotels and organisers of the event. In addition, the results show how the category begins to lose importance in relation to the assessment of the quality perceived by customers. Some implications and solutions are discussed below.University of Algarve2017-04-30info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfapplication/ziphttps://tmstudies.net/index.php/ectms/article/view/966Revista Encontros Científicos - Tourism & Management Studies; v. 13 n. 2 (2017); 7-12Tourism & Management Studies; Vol. 13 N.º 2 (2017); 7-12Tourism & Management Studies; Vol. 13 No. 2 (2017); 7-12Revista Encontros Científicos - Tourism & Management Studies; Vol. 13 Núm. 2 (2017); 7-122182-8466reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://tmstudies.net/index.php/ectms/article/view/966https://tmstudies.net/index.php/ectms/article/view/966/pdf_49https://tmstudies.net/index.php/ectms/article/view/966/2207Copyright (c) 2017 Tourism & Management Studiesinfo:eu-repo/semantics/openAccessSoler, Ismael P.Gemar, German2024-01-24T12:54:30Zoai:ojs.pkp.sfu.ca:article/966Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:56:26.181119Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
title Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
spellingShingle Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
Soler, Ismael P.
Seville
hotel
hedonic
April Fail
prices
title_short Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
title_full Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
title_fullStr Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
title_full_unstemmed Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
title_sort Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
author Soler, Ismael P.
author_facet Soler, Ismael P.
Gemar, German
author_role author
author2 Gemar, German
author2_role author
dc.contributor.author.fl_str_mv Soler, Ismael P.
Gemar, German
dc.subject.por.fl_str_mv Seville
hotel
hedonic
April Fail
prices
topic Seville
hotel
hedonic
April Fail
prices
description Despite its importance as a tourist attraction, sparse research regarding tourism and hospitality has been focused on Seville’s April Fair. That is why the main purpose of this paper is to assess the impact the April Fair and other key elements have on hotels, using the well-known hedonic price model and a database of 1,548 items compiled using TripAdvisor. The results suggest that although the April Fair has a significant and positive effect on the prices of hotel rooms, these results are mixed during the fair. Specifically, the effects of the April Fair can be felt during the weekdays when fairgoers add to those visiting the city on business. However, during the weekend, fair prices do not differ from a non-April day fair. In addition, prices on Sunday Fair are lower than average prices on non-April Fair days. This has important implications for both hotels and organisers of the event. In addition, the results show how the category begins to lose importance in relation to the assessment of the quality perceived by customers. Some implications and solutions are discussed below.
publishDate 2017
dc.date.none.fl_str_mv 2017-04-30
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://tmstudies.net/index.php/ectms/article/view/966
url https://tmstudies.net/index.php/ectms/article/view/966
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://tmstudies.net/index.php/ectms/article/view/966
https://tmstudies.net/index.php/ectms/article/view/966/pdf_49
https://tmstudies.net/index.php/ectms/article/view/966/2207
dc.rights.driver.fl_str_mv Copyright (c) 2017 Tourism & Management Studies
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2017 Tourism & Management Studies
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/zip
dc.publisher.none.fl_str_mv University of Algarve
publisher.none.fl_str_mv University of Algarve
dc.source.none.fl_str_mv Revista Encontros Científicos - Tourism & Management Studies; v. 13 n. 2 (2017); 7-12
Tourism & Management Studies; Vol. 13 N.º 2 (2017); 7-12
Tourism & Management Studies; Vol. 13 No. 2 (2017); 7-12
Revista Encontros Científicos - Tourism & Management Studies; Vol. 13 Núm. 2 (2017); 7-12
2182-8466
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