Air quality effect on the hotel industry

• Liang-Ju Wang ^[1] ; Ming-Hsiang Chen ^{[2] [4]} ; Lu Lu ^[3]
  1. [1] Anhui University of Finance and Economics

     Anhui University of Finance and Economics

     China

     
  2. [2] Washington State University

     Washington State University

     Estados Unidos

     
  3. [3] Beijing Sport University

     Beijing Sport University

     China

     
  4. [4] Guilin University of Technology

     Guilin University of Technology

     China

     

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• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 28, Nº. Extra 4, 2022 (Ejemplar dedicado a: Africa Rising - Tourism Economics Research in Africa), págs. 942-950
• Idioma: inglés
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• Resumen

  • This article makes an original contribution to the hospitality research literature. It proposes a curvilinear impact of air quality (AQ) on hotel sales (HS) and then empirically tests this nonlinear effect using data from 26 major tourist cities in China from 2002 to 2016. The results of dynamic panel regression test based on estimations of the system generalized method of moments reveal an inverse U-shaped impact of AQ (measured by concentrations of the fine particulate matter, i.e.

    PM 2.5 ) on HS and thus validate the proposal. Empirical findings offer valuable policy implications for hotel business owners and tourism authorities and policymakers.