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Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries

The current COVID-19 pandemic is compelling tourism and hospitality providers to invest heavily into a wide array of non-pharmaceutical interventions (NPIs - e.g., social distancing, sanitization, health checks, etc.) aiming to protect their customer, employees, and communities from virus infection....

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Detalles Bibliográficos
Autores principales: Papastathopoulos, Avraam, Koritos, Christos, Beneki, Christina
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier Ltd. on behalf of CAUTHE - COUNCIL FOR AUSTRALASIAN TOURISM AND HOSPITALITY EDUCATION. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9794486/
http://dx.doi.org/10.1016/j.jhtm.2022.12.018
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author Papastathopoulos, Avraam
Koritos, Christos
Beneki, Christina
author_facet Papastathopoulos, Avraam
Koritos, Christos
Beneki, Christina
author_sort Papastathopoulos, Avraam
collection PubMed
description The current COVID-19 pandemic is compelling tourism and hospitality providers to invest heavily into a wide array of non-pharmaceutical interventions (NPIs - e.g., social distancing, sanitization, health checks, etc.) aiming to protect their customer, employees, and communities from virus infection. However, extant NPIs research over the past 20 years has been fragmented, leaving tourism and hospitality providers with little guidance on which NPIs to incorporate in their offerings during pandemics. To aid tourism and hospitality providers make better NPIs investment decisions, this research employs a hedonic modeling approach to evaluate the extent to which a comprehensive set of NPIs, implemented to varying extents by almost 10,000 hotels across nine countries in the Mediterranean Sea affect room prices.
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spelling pubmed-97944862022-12-28 Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries Papastathopoulos, Avraam Koritos, Christos Beneki, Christina Journal of Hospitality and Tourism Management Article The current COVID-19 pandemic is compelling tourism and hospitality providers to invest heavily into a wide array of non-pharmaceutical interventions (NPIs - e.g., social distancing, sanitization, health checks, etc.) aiming to protect their customer, employees, and communities from virus infection. However, extant NPIs research over the past 20 years has been fragmented, leaving tourism and hospitality providers with little guidance on which NPIs to incorporate in their offerings during pandemics. To aid tourism and hospitality providers make better NPIs investment decisions, this research employs a hedonic modeling approach to evaluate the extent to which a comprehensive set of NPIs, implemented to varying extents by almost 10,000 hotels across nine countries in the Mediterranean Sea affect room prices. The Authors. Published by Elsevier Ltd. on behalf of CAUTHE - COUNCIL FOR AUSTRALASIAN TOURISM AND HOSPITALITY EDUCATION. 2023-03 2022-12-28 /pmc/articles/PMC9794486/ http://dx.doi.org/10.1016/j.jhtm.2022.12.018 Text en © 2022 The Authors Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Papastathopoulos, Avraam
Koritos, Christos
Beneki, Christina
Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title_full Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title_fullStr Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title_full_unstemmed Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title_short Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries
title_sort effects of covid-19 induced non-pharmaceutical interventions on hotel room prices: a comprehensive hedonic pricing study across nine countries
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9794486/
http://dx.doi.org/10.1016/j.jhtm.2022.12.018
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