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Title: Advance booking across channels: the effects on dynamic pricing
Authors: Bigne, Enrique
Nicolau, Juan Luis
William, Edu 
UNESCO Clasification: 531290 Economía sectorial: turismo
Keywords: Advance Booking
Distribution Channels
Hotel Websites
Otas, et al
Issue Date: 2021
Journal: Tourism Management 
Abstract: This research analyzes the effects of advance booking and channel type on hotel rates. While this relationship has been addressed in the literature, most studies take a partial approach by focusing only on one distribution channel or one destination. This study fills this gap by analyzing the price dynamics for four channels and multiple destinations. The data set consists of 39,363 bookings for 1085 hotels over 27 consecutive months. We used two-stage least squares to solve potential endogeneity issues, and the results proved that distribution channel, hotel type and hotel size have an influence on the effect of advance booking on hotel rates. Critical managerial implications are discussed.
ISSN: 0261-5177
DOI: 10.1016/j.tourman.2021.104341
Source: Tourism Management [ISSN 0261-5177], v. 86, 104341, (Octubre 2021)
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