Staying in a hotel or peer-to-peer accommodation sharing? A discrete choice experiment with online reviews and discount strategies [Summary]
TR Number
Date
2020-12-13
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Virginia Tech
Abstract
According to the research result, it is suggested for all lodging industry to reduce their effort on designing pricing strategies for consumer attractions. Second, P2P and hotel management should implement different strategies to induce potential customers. Lastly, for P2P business, it is recommended to encourage guests to leave positive reviews rather than writing more views in just numbers.
Description
Keywords
Online reviews, Hotel, Peer to Peer accomodation, pricing strategy