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| Author: | Falk, M. |
| Title: | A hedonic price model for ski lift tickets |
| Journal: | Tourism Management
2008 : DEC, VOL. 29:6, p. 1172-1184 |
| Index terms: | Austria tourism quality pricing models |
| Language: | eng |
| Abstract: | This paper explores the relationship btw. lift ticket prices for the 2005-2006 season and the ski resorts' characteristics. The study uses a database of 84 ski resorts and 1520 ski lifts and cable cars in Austria. It is found that the length of the ski runs, transport capacity, share of modern high-speed chairlifts and gondolas, measures of snow conditions and access to neighbouring ski areas covered by the same lift pass all have positive and significant effects on the price of a 1-day lift ticket and a 6-day ski pass. The mean altitude of the uphill lift station and duration of the winter season are more important than the length of the ski runs and total lift capacity in determining the price of a 6-day lift ticket. This paper also provides a ranking of the ski resorts according to their quality characteristics. |
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