Resumen de Hotel pricing at popular US tourist destinations
This paper empirically investigates the pricing of hotel rooms in the US market, at popular touristdestinations (PTD) such as Las Vegas, Hawaii, relative to other locations. Regression analysis yieldsthe following insights: (i) The hotel room rent on weekends is higher than the rent on the weekdays.Interestingly, the relative increase in rent on weekends at PTD is greater than that at other locations;(ii) The rent decreases with an increase in the hotel capacity. Interestingly, the decline in rent withincreasing capacity at PTD is greater than that at other locations; (iii) The increase in rent because ofsuperior hotel reputation is greater at PTD, compared to other destinations; (iv) The discountsoffered at the PTD are deeper than the corresponding discounts offered at other locations
