Destination and Seasonality Valuations: A Quantile Approach

Josep Raya Vilchez
Additional contact information
Josep Raya Vilchez: Escola Universitaria del Maresme- Tecnocampus Mataró Maresme, UniversitatPompeuFabra, c/ErnestLluch32, 08302 Mataró (Barcelona), Spain

Tourism Economics, 2013, vol. 19, issue 4, 835-853

Abstract: The aim of this paper is to provide information for tourist destinations through an analysis of the valuation of the location and the seasonality implicit in the price of accommodation. The study data are from European municipalities on the Mediterranean coast. Using quantile regression (that is, taking into account that demand valuation can vary along the hotel price distribution), the author finds that the effect of seasonality, although very important, is mainly constant along the price distribution, with the exception of the greater seasonality effect in Argelès-sur-Mer at higher percentiles. With regard to the valuation of location, the fact of the hotel or the apartment being in a French location is valued more highly at higher percentiles.

Keywords: hedonic method; seasonality; destination valuation; quantile regression (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2013.0297 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:19:y:2013:i:4:p:835-853

DOI: 10.5367/te.2013.0297

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().