Factors Influencing Hotels’ Online Prices

Detalhes bibliográficos
Autor(a) principal: Moro, Sérgio
Data de Publicação: 2018
Outros Autores: Rita, Paulo, Oliveira, Cristina
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/146057
Resumo: Moro, S., Rita, P., & Oliveira, C. (2018). Factors Influencing Hotels’ Online Prices. Journal of Hospitality Marketing and Management, 27(4), 443-464. DOI: 10.1080/19368623.2018.1395379
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spelling Factors Influencing Hotels’ Online Pricesdata mininghotel reservationOnline bookingpricingsocial mediaManagement Information SystemsTourism, Leisure and Hospitality ManagementMarketingMoro, S., Rita, P., & Oliveira, C. (2018). Factors Influencing Hotels’ Online Prices. Journal of Hospitality Marketing and Management, 27(4), 443-464. DOI: 10.1080/19368623.2018.1395379Digital corporations are creating new paths of business driven by consumers empowered by social media. Understanding the role that each feature drawn from online platforms has on price fluctuation is vital for leveraging decision-making. In this study, 5,603 simulations of online reservations from 23 Portuguese cities were gathered, including characterizing features from social media, web visibility, and hotel amenities, from four renowned online sources: Booking.com, TripAdvisor, Google, and Facebook. After data preparation, including removal of irrelevant features in terms of modeling and outlier cleaning, a tuned dataset of 3,137 simulations and 30 features (including the price charged per day) was used first for evaluating the modeling performance of an ensemble of multilayer perceptrons, and then for extracting valuable knowledge through the data-based sensitivity analysis. Findings show that all features from the encompassed factors (social media, online reservation, hotel characteristics, web visibility, and city) play a significant role in price.NOVA Information Management School (NOVA IMS)Information Management Research Center (MagIC) - NOVA Information Management SchoolRUNMoro, SérgioRita, PauloOliveira, Cristina2022-12-07T22:05:39Z20182018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article22application/pdfhttp://hdl.handle.net/10362/146057eng1936-8623PURE: 3325788https://doi.org/10.1080/19368623.2018.1395379info: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:RCAAP2024-03-11T05:26:58Zoai:run.unl.pt:10362/146057Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:52:27.179791Repositório 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 Factors Influencing Hotels’ Online Prices
title Factors Influencing Hotels’ Online Prices
spellingShingle Factors Influencing Hotels’ Online Prices
Moro, Sérgio
data mining
hotel reservation
Online booking
pricing
social media
Management Information Systems
Tourism, Leisure and Hospitality Management
Marketing
title_short Factors Influencing Hotels’ Online Prices
title_full Factors Influencing Hotels’ Online Prices
title_fullStr Factors Influencing Hotels’ Online Prices
title_full_unstemmed Factors Influencing Hotels’ Online Prices
title_sort Factors Influencing Hotels’ Online Prices
author Moro, Sérgio
author_facet Moro, Sérgio
Rita, Paulo
Oliveira, Cristina
author_role author
author2 Rita, Paulo
Oliveira, Cristina
author2_role author
author
dc.contributor.none.fl_str_mv NOVA Information Management School (NOVA IMS)
Information Management Research Center (MagIC) - NOVA Information Management School
RUN
dc.contributor.author.fl_str_mv Moro, Sérgio
Rita, Paulo
Oliveira, Cristina
dc.subject.por.fl_str_mv data mining
hotel reservation
Online booking
pricing
social media
Management Information Systems
Tourism, Leisure and Hospitality Management
Marketing
topic data mining
hotel reservation
Online booking
pricing
social media
Management Information Systems
Tourism, Leisure and Hospitality Management
Marketing
description Moro, S., Rita, P., & Oliveira, C. (2018). Factors Influencing Hotels’ Online Prices. Journal of Hospitality Marketing and Management, 27(4), 443-464. DOI: 10.1080/19368623.2018.1395379
publishDate 2018
dc.date.none.fl_str_mv 2018
2018-01-01T00:00:00Z
2022-12-07T22:05:39Z
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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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/146057
url http://hdl.handle.net/10362/146057
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1936-8623
PURE: 3325788
https://doi.org/10.1080/19368623.2018.1395379
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eu_rights_str_mv openAccess
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