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The influence of hotel attributes on room rates: the case of Bucharest

dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorBode, Oana Ruxandra
dc.contributor.authorRus, Rozalia Veronica
dc.contributor.authorToader, Valentin
dc.date.accessioned2019-02-18T10:49:43Z
dc.date.available2019-02-18T10:49:43Z
dc.date.issued2018
dc.description.abstractLocated in the southeast of Romania, Bucharest is the capital and the largest city in the country. Economically, Bucharest is the most prosperous city in Romania. During the last years, this city faced one of the highest growths in the number of hotels. Nowadays, due to the development of Internet-based technologies, the reservation process has changed; travelers can easily get information about the experience of other guests and also compare prices. The aim of the present paper is to analyze how prices for a hotel stay, in the city of Bucharest, can be influenced by some quality signaling factors, as star rating, online consumer’s ratings and the number of consumer’s comments. By using a multiple regression model for 3 to 5-star hotels in Bucharest, we identify, on one hand, the factors that have a positive influence on hotel room rates and, on the other hand, the factors that have a negative impact on the consumer’s willingness to pay. Our main results supply signals to hoteliers concerning the attributes most valuable for consumers which can lead to a higher room rate premium.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.24196/subbnegotia.2018.2.01pt_PT
dc.identifier.issn1224-8738
dc.identifier.issn2065-9636
dc.identifier.urihttp://hdl.handle.net/10400.22/12886
dc.language.isoengpt_PT
dc.publisherStudia Universitatis Babeş-Bolyaipt_PT
dc.relation.ispartofseries2;
dc.relation.publisherversionhttp://www.studia.ubbcluj.ro/download/pdf/1209.pdfpt_PT
dc.subjectBucharest hotelspt_PT
dc.subjectOnline hotel ratingspt_PT
dc.subjectConsumers reviewspt_PT
dc.titleThe influence of hotel attributes on room rates: the case of Bucharestpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage21pt_PT
oaire.citation.startPage5pt_PT
oaire.citation.titleStudia Negotiapt_PT
person.familyNameFerreira
person.givenNameFernanda A.
person.identifierR-000-4TV
person.identifier.ciencia-idD116-9419-5778
person.identifier.orcid0000-0002-1335-7821
person.identifier.ridN-4563-2013
person.identifier.scopus-author-id24723992800
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication.latestForDiscoveryaaa18584-508e-46b1-9b50-4e174c0e142c

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