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Author: | Canina, L. Walsh, K. Enz, C.A. |
Title: | The Effects of gasoline-price changes on room demand: a study of branded hotels from 1988 through 2000 |
Journal: | Cornell Hotel and Restaurant Administration Quarterly
2003 : AUG, VOL 44:4, p. 29-37 |
Index terms: | Fuel Prices Hotel and catering industry Hotel management Marketing USA |
Language: | eng |
Abstract: | This article examines the relation between gasoline-price changes and demand for lodging products such as hotels. The results indicate that U.S. lodging demand declines when gas prices rise. However, concerning hotels situated in urban areas where public transportation is available, the dependency is smaller. The findings imply that fewer transportation alternatives may contribute to decline in rooms sold, and that travellers staying in economy and midscale hotels may consider gasoline price to be the most important factor in their consumption decisions. |
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