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- W2087630164 abstract "This study explores how online booking affects seasonality, measured as the variation in hotel bed-places net occupancy rate between peak and off-peak periods. We first develop a formal model illustrating that, as a result of the reduction in search costs brought about by the internet, competitive pressure strengthens. This effect is stronger in the peak period than off-peak, thus leading to an increase in seasonality associated to online booking. We then test our finding in a sample of 18 countries over the 1997–2007 span; the empirical results support the notion that the use of the internet causes an increase in seasonality. A set of policy implications conclude the work." @default.
- W2087630164 created "2016-06-24" @default.
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- W2087630164 date "2012-04-01" @default.
- W2087630164 modified "2023-10-18" @default.
- W2087630164 title "The impact of search cost reduction on seasonality" @default.
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- W2087630164 doi "https://doi.org/10.1016/j.annals.2012.01.006" @default.
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