The full text of this article

 

Analysis of prices of accommodation establishments in Kiev: determinants, dynamics and parity
by Stanislav Ivanov; Kateryna Piddubna
International Journal of Revenue Management (IJRM), Vol. 9, No. 4, 2016

 

Abstract: The paper analyses the determinants of prices of 150 accommodation establishments in Kiev, their price dynamics and rate parity across three distribution channels. Six hedonic pricing models are developed with data for a weekend and a weekday check-in date from hotels' websites, Booking.com and Expedia.com. Location, category, Booking.com rating, chain affiliation, air-conditioning, conference rooms, number of rooms, F&B outlets and number of days before check-in have significant impacts on prices, while parking and swimming pool are not good predictors of prices. Central hotels, 5-star hotels, chain affiliated properties, those with over 100 rooms and with Booking.com rating above 8.0 have larger and positive percentage change in their prices than non-central, low category, independent, small and mid-sized properties with low customer rating. We find lack of rate parity across the distribution channels - prices on accommodation establishments' websites were lower than on the OTAs' websites. Managerial implications, limitations and directions for future research are also discussed.

Online publication date: Sat, 24-Sep-2016

 

is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

 
Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

 
Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Revenue Management (IJRM):
Login with your Inderscience username and password:

 

    Username:        Password:         

Forgotten your password?


 
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

 
If you still need assistance, please email subs@inderscience.com