Impact of the April Fair on Seville hotel room prices: measurement through a hedonic approach
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Outros Autores: | |
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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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 |
format |
article |
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 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799136449277198336 |