Advance booking across channels: The effects on dynamic pricing

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dc.contributor.authorBigne, Enriqueen
dc.contributor.authorNicolau, Juan Luisen
dc.contributor.authorWilliam, Eduen
dc.date.accessioned2022-01-13T14:30:20Zen
dc.date.available2022-01-13T14:30:20Zen
dc.date.issued2021-10-01en
dc.date.updated2022-01-13T14:30:19Zen
dc.description.abstractThis research analyzes the effects of advance booking and channel type on hotel rates. While this relationship has been addressed in the literature, most studies take a partial approach by focusing only on one distribution channel or one destination. This study fills this gap by analyzing the price dynamics for four channels and multiple destinations. The data set consists of 39,363 bookings for 1085 hotels over 27 consecutive months. We used two-stage least squares to solve potential endogeneity issues, and the results proved that distribution channel, hotel type and hotel size have an influence on the effect of advance booking on hotel rates. Critical managerial implications are discussed.en
dc.description.versionAccepted versionen
dc.format.extent12 page(s)en
dc.format.mimetypeapplication/pdfen
dc.identifierARTN 104341 (Article number)en
dc.identifier.doihttps://doi.org/10.1016/j.tourman.2021.104341en
dc.identifier.eissn1879-3193en
dc.identifier.issn0261-5177en
dc.identifier.orcidNicolau Gonzalbez, Juan [0000-0003-0048-2823]en
dc.identifier.urihttp://hdl.handle.net/10919/107593en
dc.identifier.volume86en
dc.language.isoenen
dc.publisherElsevieren
dc.relation.urihttp://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000694912800015&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=930d57c9ac61a043676db62af60056c1en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectSocial Sciencesen
dc.subjectLife Sciences & Biomedicineen
dc.subjectEnvironmental Studiesen
dc.subjectHospitality, Leisure, Sport & Tourismen
dc.subjectManagementen
dc.subjectEnvironmental Sciences & Ecologyen
dc.subjectSocial Sciences - Other Topicsen
dc.subjectBusiness & Economicsen
dc.subjectAdvance bookingen
dc.subjectDistribution channelsen
dc.subjectHotel websitesen
dc.subjectOTAsen
dc.subjectPricingen
dc.subjectOmnichannelen
dc.subjectREVENUE MANAGEMENTen
dc.subjectHOTELen
dc.subjectSTRATEGIESen
dc.subjectCOMPETITIONen
dc.subjectIMPACTen
dc.subjectVS.en
dc.subjectDIFFERENTIATIONen
dc.subjectVARIABILITYen
dc.subjectDECISIONSen
dc.subjectBEHAVIORen
dc.subjectScience & Technologyen
dc.subjectSport, Leisure & Tourismen
dc.subject1504 Commercial Servicesen
dc.subject1505 Marketingen
dc.subject1506 Tourismen
dc.titleAdvance booking across channels: The effects on dynamic pricingen
dc.title.serialTourism Managementen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.otherArticleen
dc.type.otherJournalen
pubs.organisational-group/Virginia Techen
pubs.organisational-group/Virginia Tech/Pamplin College of Businessen
pubs.organisational-group/Virginia Tech/Pamplin College of Business/Hospitality and Tourism Managementen
pubs.organisational-group/Virginia Tech/All T&R Facultyen
pubs.organisational-group/Virginia Tech/Pamplin College of Business/PCOB T&R Facultyen

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