The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic

Detalhes bibliográficos
Autor(a) principal: Maia, Bruno
Data de Publicação: 2021
Outros Autores: Paralta, Sara
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/11144/5680
Resumo: The purpose of this paper is to study the monthly seasonality structure of demand in the hotel industry in continental Portugal before the outbreak of the COVID-19 pandemic in 2020. The tourism sector accounts for more than 10% of Portugal’s GDP, as well as being a key factor for regional development and employment. Understanding the seasonality structure of the hotel sector provides useful insight about business viability and aids operational decisions, namely concerning the post-pandemic recovery. Therefore, we analyze time-series data collected from Statistics Portugal, concerning net bed occupancy rates for continental Portugal, as well as according to region and hotel category, for the pre-pandemic period between 2014 and 2019. This allows us to identify the seasonal peaks according to region and compare the differences in demand for hotels according to hotel category. We also analyze the relationship between the seasonality coefficients and the average income per night (room rate).
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spelling The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemicTime-series modelsindustry studiestourism economicsThe purpose of this paper is to study the monthly seasonality structure of demand in the hotel industry in continental Portugal before the outbreak of the COVID-19 pandemic in 2020. The tourism sector accounts for more than 10% of Portugal’s GDP, as well as being a key factor for regional development and employment. Understanding the seasonality structure of the hotel sector provides useful insight about business viability and aids operational decisions, namely concerning the post-pandemic recovery. Therefore, we analyze time-series data collected from Statistics Portugal, concerning net bed occupancy rates for continental Portugal, as well as according to region and hotel category, for the pre-pandemic period between 2014 and 2019. This allows us to identify the seasonal peaks according to region and compare the differences in demand for hotels according to hotel category. We also analyze the relationship between the seasonality coefficients and the average income per night (room rate).CICEE. Universidade Autónoma de Lisboa2022-11-17T13:22:42Z2021-12-01T00:00:00Z2021-12info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/11144/5680eng2184-898Xhttps://doi.org/10.26619/ERBE-2021.I.2.5Maia, BrunoParalta, Sarainfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-11T02:23:10Zoai:repositorio.ual.pt:11144/5680Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:34:40.351130Repositório 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 The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
title The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
spellingShingle The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
Maia, Bruno
Time-series models
industry studies
tourism economics
title_short The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
title_full The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
title_fullStr The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
title_full_unstemmed The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
title_sort The seasonality structure of demand in the portuguese hotel industry before the COVID-19 pandemic
author Maia, Bruno
author_facet Maia, Bruno
Paralta, Sara
author_role author
author2 Paralta, Sara
author2_role author
dc.contributor.author.fl_str_mv Maia, Bruno
Paralta, Sara
dc.subject.por.fl_str_mv Time-series models
industry studies
tourism economics
topic Time-series models
industry studies
tourism economics
description The purpose of this paper is to study the monthly seasonality structure of demand in the hotel industry in continental Portugal before the outbreak of the COVID-19 pandemic in 2020. The tourism sector accounts for more than 10% of Portugal’s GDP, as well as being a key factor for regional development and employment. Understanding the seasonality structure of the hotel sector provides useful insight about business viability and aids operational decisions, namely concerning the post-pandemic recovery. Therefore, we analyze time-series data collected from Statistics Portugal, concerning net bed occupancy rates for continental Portugal, as well as according to region and hotel category, for the pre-pandemic period between 2014 and 2019. This allows us to identify the seasonal peaks according to region and compare the differences in demand for hotels according to hotel category. We also analyze the relationship between the seasonality coefficients and the average income per night (room rate).
publishDate 2021
dc.date.none.fl_str_mv 2021-12-01T00:00:00Z
2021-12
2022-11-17T13:22:42Z
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 http://hdl.handle.net/11144/5680
url http://hdl.handle.net/11144/5680
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 2184-898X
https://doi.org/10.26619/ERBE-2021.I.2.5
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv CICEE. Universidade Autónoma de Lisboa
publisher.none.fl_str_mv CICEE. Universidade Autónoma de Lisboa
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str 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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