Tourist areas: Examining the effects of location attributes on tour-operator package holiday prices
Joaquín Alegre,
Magdalena Cladera and
Maria Sard
Tourism Management, 2013, vol. 38, issue C, 131-141
Abstract:
This paper focuses on an analysis of the effect of locational characteristics on holiday prices, using the hedonic price model to estimate them. The paper's main finding is that location attributes do have an effect on prices. More specifically, when hotel-related locational characteristics were analysed, a negative relationship was observed between prices and the distance to the beach for German and British package holidays, a positive relationship between prices and the distance to the centre of the tourist resort for British tourists, and a negative one in this instance for German tourists. Having a room with a sea view was found to push up the price for both German and British packages and price differences among tourist resorts were also observed. As for the area-related attributes that were considered, only the distance from the tourist resort to the airport turned out to be relevant, with a negative effect on prices being identified.
Keywords: Location attributes; Hedonic prices; Tourist areas; Holiday prices (search for similar items in EconPapers)
JEL-codes: C43 D22 D40 L83 R14 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0261517713000629
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:eee:touman:v:38:y:2013:i:c:p:131-141
DOI: 10.1016/j.tourman.2013.02.011
Access Statistics for this article
Tourism Management is currently edited by Chris Ryan
More articles in Tourism Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().