Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/128654
Title: Dynamics in accommodation feature preferences: exploring the use of time series analysis of online reviews for decomposing temporal effects
Authors: Teichert, Thorsten
González Martel, Cristian 
Hernández Guerra, Juan María 
Schweiggart, Nadja
UNESCO Clasification: 5302 Econometría
531290 Economía sectorial: turismo
Keywords: Accommodation Features
Seasonality
Sharing Economy
Text Mining
Time Series Analysis
Issue Date: 2023
Journal: International Journal of Contemporary Hospitality Management 
Abstract: Purpose: This study aims to explore the use of time series analyses to examine changes in travelers’ preferences in accommodation features by disentangling seasonal, trend and the COVID-19 pandemic’s once-off disruptive effects. Design/methodology/approach: Longitudinal data are retrieved by online traveler reviews (n = 519,200) from the Canary Islands, Spain, over a period of seven years (2015 to 2022). A time series analysis decomposes the seasonal, trend and disruptive effects of six prominent accommodation features (view, terrace, pool, shop, location and room). Findings: Single accommodation features reveal different seasonal patterns. Trend analyses indicate long-term trend effects and short-term disruption effects caused by Covid-19. In contrast, no long-term effect of the pandemic was found. Practical implications: The findings stress the need to address seasonality at the single accommodation feature level. Beyond targeting specific features at different guest groups, new approaches could allow dynamic price optimization. Real-time insight can be used for the targeted marketing of platform providers and accommodation owners. Originality/value: A novel application of a time series perspective reveals trends and seasonal changes in travelers’ accommodation feature preferences. The findings help better address travelers’ needs in P2P offerings.
URI: http://hdl.handle.net/10553/128654
ISSN: 0959-6119
DOI: 10.1108/IJCHM-03-2023-0279
Source: International Journal of Contemporary Hospitality Management[ISSN 0959-6119], (Enero 2023)
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