| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7422235 | Tourism Management | 2015 | 9 Pages |
Abstract
Through an empirical analysis based on two-stage least squares modified to test for spatial price competition, the present study finds that hotels compete with more distant neighbors of similar quality than those who are quality-differentiated. In addition, the results also suggest possibility of cooperation among neighboring hotels similar in quality. Implications and suggestions are presented along with the findings of the study, which is expected to contribute to the literature by suggesting a new perspective on the relationship between quality differentiation and price competition among hotels.
Related Topics
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Authors
Seul Ki Lee,