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Author:Chen, C.
Schwartz, Z.
Title:The importance of information asymmetry in customers' booking decisions: a cautionary tale from the internet
Journal:Cornell Hotel and Restaurant Administration Quarterly
2006 : AUG, VOL. 47:3, p. 272-285
Index terms:asymmetric information
hotel and catering industry
hotel management
management
revenue
Language:eng
Abstract:This paper examines the role of information asymmetry in hotel revenue management. The authors conducted a test of a simulated hotel-room-selection website, which confirmed that knowledge of demand influenced participantsÂ’ eagerness to book a room.
SCIMA record nr: 262076
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