Purpose This study aims to measure the effect on prices through the differing characteristics and attributes of hotels. Design/methodology/approach A hedonic price model (HPM) was adopted to estimate the impact of various site and situational factors on hotel prices in Warsaw, Poland. To better understand room rates not explained by HPM, spatial analysis of residuals was used. Datasets regarding prices from three different online travel agents (OTAs) and star ratings, either official or provided by OTAs, were investigated. Findings A significant impact on hotel prices by star rating has been confirmed. Every additional star allows the hotel to set approximately 25 to 36 per cent higher prices, which is in line with previous studies. Moreover, two factors indicated a high but still underestimated theoretical hotel prices: location within the city centre and proximity to the international airport. Practical implications The results of this study suggest that hoteliers should use a spatial analysis of room rates offered by the competing enterprises. Moreover, managers are expected to verify their price tactics and policies according to the geographical determinants of hotel prices investigated. Originality/value The uniqueness of the study is highlighted by comparison of HPMs based on data from different OTAs, analysing differences in HPMs based on star ratings provided by OTAs and official systems and spatial analysis of residuals of estimated HPMs. Moreover, this study is among the first to examine the usage of HPM in the hospitality industry in East-Central Europe.
Purpose This paper aims to examine the primary supply data sources that have been used for research into the sharing economy, and the advantages and limitations of these sources in the literature. Design/methodology/approach To address the research aims, this study conducted a systematic literature review and content analysis of all relevant articles. Following the review, the methodological sections of the selected papers were examined to identify the characteristics and limitations of all data sources used in the papers. Findings This study revealed several limitations of the use of three major data sources, namely, web scraping with self-made bots, inside Airbnb and AirDNA, for sharing economy research. The review shows that the majority of the selected papers did not acknowledge any limitations, nor did they discuss the quality of the data sources. Research limitations/implications The findings of this paper can serve as guidelines for selecting appropriate data sources for research into the sharing economy and cautions researchers to address the limitations of the data sources used. Originality/value To the best of the authors’ knowledge, this is the first study that explores the advantages and limitations of data sources used in short-term rental market research.
StreszczenieDo głównych celów regulacji należy ograniczenie szeroko rozumianej zawodności rynku. Na rynku turystycznym regulacja ma znaczenie szczególne, głównie ze względu na fakt, iż przewaga konkurencyjna w turystyce ma miejsce na poziomie destynacji turystycznych. Pomimo powszechnej akceptacji istoty regulacji, w literaturze brakuje narzędzi pomiaru skali regulacji rynku turystycznego.Celem artykułu jest przedstawienie wybranych problemów teoretycznych związa-nych z pomiarem regulacji, w szczególności wynikających z cech rynku turystycznego.Słowa kluczowe: rynek turystyczny, regulacja, pomiar regulacji WprowadzenieRynek turystyczny podobnie jak inne rynki usługowe należy do stosunkowo silnie regulowanych przez podmioty publiczne. Celem interwencji na rynku jest zmniejszenie asymetrii informacji, ograniczenie kosztów transakcyjnych, internalizacja efektów zewnętrznych, występowanie monopoli lub wsparcie konsumpcji dóbr merytorycznych. Niezależnie od celu regulacji z punktu widzenia regulatora istotne jest porównanie efektów regulacji do zakresu wykorzystanych narzędzi regulacyjnych. Często przed podjęciem decyzji o interwencji na rynku regulator dokonuje oceny rozwiązań w innych regionach turystycznych o podobnej struktu-* Adres
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