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- W2277903114 abstract "Using an actual detailed data set from a hotel chain, the thrust of this paper is on estimating the impacts on an individual hotel property's gross operating profits (i.e. total room related revenue less all operating cots, except debt service) of six different factors: the hotel's size; the service level delivered; the union/non union character of the hotel's operation; the occupancy rate and average daily rate, not for the property itself, but for the property's competitive set (a grouping of other hotels in the property's service area that form the basic competition for the property in question); the degree of relative efficiency which the property is managed. The regression analysis yields a 75% R2 and also helps justify the management attention that service levels are currently receiving." @default.
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- W2277903114 date "1998-01-01" @default.
- W2277903114 modified "2023-09-23" @default.
- W2277903114 title "Some determinants of a hotel's room profits" @default.
- W2277903114 hasPublicationYear "1998" @default.
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