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Determinants Of Hotel Room Rates

Author

Listed:
  • Nadia El-Nemr
  • Béatrice Canel-Depitre

    (NIMEC - Normandie Innovation Marché Entreprise Consommation - UNICAEN - Université de Caen Normandie - NU - Normandie Université - ULH - Université Le Havre Normandie - NU - Normandie Université - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université - IRIHS - Institut de Recherche Interdisciplinaire Homme et Société - UNIROUEN - Université de Rouen Normandie - NU - Normandie Université)

  • Atour Taghipour

    (ULH - Université Le Havre Normandie - NU - Normandie Université)

Abstract

The hotel industry is one of many industries that offer fixed perishable products that should be sold over a finite time horizon to heterogeneous customers. Because of its particularity, the hotel industry faces many challenges to decide the convenient room rate to offer. In order to understand price formation, we have studied pricing information assumed for the suggested dynamic pricing models for hotel rooms. In addition, we identified some factors that may influence the rate. We compared the results and suggested a list of information that might be useful to consider for price formation to optimize the revenue.

Suggested Citation

  • Nadia El-Nemr & Béatrice Canel-Depitre & Atour Taghipour, 2017. "Determinants Of Hotel Room Rates," Post-Print hal-02332636, HAL.
    • Handle: RePEc:hal:journl:hal-02332636
    Note: View the original document on HAL open archive server: https://normandie-univ.hal.science/hal-02332636
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    References listed on IDEAS

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