Hedonic Pricing and Willingness to Pay for Bed and Breakfast Amenities in Southeast Wisconsin

By B. Monty, M. Skidmore. 2003

171 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/93efbd5c3cd958bba03a3de24b81759e422be4f5

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Citations in the corpus

Using a spatial hedonic analysis to evaluate the effect of sea view on hotel prices (2018, background): “Since then, a number of hedonic pricing models has been applied seeking to investigate the implicit prices of numerous hotel rooms' attributes (e.g. Israeli, 2002; Monty & Skidmore, 2003; Roubi & Litteljohn, 2004; Thrane, 2007; White & Mulligan, 2002).”
Examining the determinants of room rates for hotels in capital cities: The Oslo experience (2007, background): “Variables measuring aspects of location have in most of the prior research shown predictive ability with respect to lodging prices (Bull, 1994; White and Mulligan, 2002; Monty and Skidmore, 2003; Thrane, 2005).”
Strategic and tactical price decisions in hotel revenue management (2016, background): “, 2003; Roubi and Litteljohn, 2004), the room size (Monty and Skidmore, 2003) and the presence of a spa and wellbeing center (White and Mulligan, 2002) were generally considered to have an effect on hotel price.”
An Application of Hedonic Pricing Analysis to the Case of Hotel Rooms in Taipei (2010, methodology): “Of these, the studies by Hartman (1989), Israeli (2002), White and Mulligan (2002), Espinet et al (2003), Monty and Skidmore (2003) and Thrane (2007) specifically address aspects of the hospitality sector in general and accommodation in particular.”
Pricing in the sharing economy: a hedonic pricing model applied to Airbnb listings (2018, unknown): “…2011), holiday area hotels (Abrate, Capriello, & Fraquelli, 2011; Coenders, Espinet, & Saez, 2003; Espinet, Saez, Coenders, & Fluvià, 2003; Fleischer, 2012), holiday apartments (Juaneda, Raya, & Sastre, 2011; Portolan, 2013; Saló & Garriga, 2011), and bed and breakfasts (Monty & Skidmore, 2003).”
Hedonic Price Models and Sun-and-Beach Package Tours: The Norwegian Case (2005, background): “2003; Papatheodorou 2002; Sinclair, Clewer, and Pack 1990; Taylor 1995) and hotel room prices (Coenders, Espinet, and Saez 2003; Israeli 2002; Monty and Skidmore 2003; White and Mulligan 2002).”
Measuring Experience Economy Concepts: Tourism Applications (2007, background): “…study because of its industry-wide marketing focus on the niche of experiential lodging and its rising managerial interests not only as a lodging facility but also as a tourist destination in many locations (Mandelbaum 2001; Monty and Skidmore 2003; Roberts 2002; Silverman 2003; Zane 1997).”
Pricing determinants in the hotel industry: Quantile regression analysis (2010, background): “Monty and Skidmore (2003) used data on price and amenities collected from bed and breakfast accommodations in Southeast Wisconsin and found that hotel amenities such as provision of hot tubs, private baths and a larger room were statistically significant determinants of price.”
Determining guests’ willingness to pay for hotel room attributes with a discrete choice model (2015, methodology): “Monty and Skidmore (2003), using data on price and amenities collected from bed and breakfast accommodations in Southeast Wisconsin, found that location, day of week, and time of year are important determinants of hotel price, but fireplaces, themes, scenic views and room service were not…”
Personal or Product Reputation? Optimizing Revenues in the Sharing Economy (2019, background): “In the travel industry, the physical attributes comprise all characteristics of the accommodation, such as the location and the type of accommodation being offered (Monty and Skidmore 2003; Zhang et al. 2011; Viglia and Abrate 2017).”