Dynamic Pricing Patterns on an Internet Distribution Channel: The Case Study of Bilbao’s Hotels in 2013

Noelia Oses Fernandez (), Jon Kepa Gerrikagoitia () and Aurkene Alzua-Sorzabal ()
Additional contact information
Noelia Oses Fernandez: CIC tourGUNE
Jon Kepa Gerrikagoitia: CIC tourGUNE
Aurkene Alzua-Sorzabal: CIC tourGUNE

A chapter in Information and Communication Technologies in Tourism 2015, 2015, pp 735-747 from Springer

Abstract: Abstract The price is the single, most efficient tool that hoteliers have to adjust the demand and the offer in the short term. Dynamic pricing is the practice of changing the price charged for a product based on time. Using hotel room price data collected from an Internet distribution channel, this paper presents the research carried out to investigate the dynamic pricing practices of the hotels in Bilbao. The analysis shows that these hotels favour two price-changing patterns. The first pattern refers to the practice of changing a number of prices for contiguous, future target dates on the same date. The second pattern refers to the practice of changing the price a set number of days in advance of the target date (i.e. at a specific lag-day).

Keywords: Dynamic pricing; Hotel room prices; Internet distribution channel (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-319-14343-9_53

Ordering information: This item can be ordered from
http://www.springer.com/9783319143439

DOI: 10.1007/978-3-319-14343-9_53

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().