Document Type
Article
Publication Title
Hospitality Review
ISSN
0739-7011
Volume
8
Issue
2
First Page
27
Last Page
37
Publication Date
Fall 10-1-1990
Abstract
The authors apply economic theory to an analysis of industry pricing. Data from a cross-section of San Francisco hotels is used to estimate the implicit prices of common hotel amenities, and a procedure for using these prices to estimate consumer demands for the attributes is outlined. The authors then suggest implications for hotel decision makers. While the results presented here should not be generalized to other markets, the methodology is easily adapted to other geographic areas.
Recommended Citation
Carvell, Steven A. and Herrin, William E. (1990) "Pricing in the Hospitality Industry: An Implicit Markets Approach," Hospitality Review: Vol. 8 : Iss. 2 , Article 3.
Originally published at: http://digitalcommons.fiu.edu/hospitalityreview/vol8/iss2/3
