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Quality differentiation and conditional spatial price competition among hotels

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  • Lee, Seul Ki

Abstract

It is generally accepted that location is the dominant product attribute for hotels. Accordingly, studies on price competition have often utilized fixed geographic boundaries when defining competitive sets. When travelers are willing to substitute location and quality, however, the spatial extent of competition can depend on the hotels' quality. Therefore, it can be hypothesized that geographic boundary of price competition among hotels is conditional on quality differentiation.

Suggested Citation

  • Lee, Seul Ki, 2015. "Quality differentiation and conditional spatial price competition among hotels," Tourism Management, Elsevier, vol. 46(C), pages 114-122.
    • Handle: RePEc:eee:touman:v:46:y:2015:i:c:p:114-122
    DOI: 10.1016/j.tourman.2014.06.019
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    References listed on IDEAS

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