What is it about?
Considering the important role that non-pharmaceutical interventions (NPIs - e.g., social distancing, sanitization, health checks, etc.) aiming play for tourism and hospitality customers, and the major invest- ments/costs that the implementation of such NPIs involves for tourism and hospitality providers, this study conducts a systematic empirical assessment of the extent to which the deployment of NPIs from hospi- tality providers exert a significant effect to the prices customers actually pay.
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Why is it important?
Doing so the current research note contributes to the nascent aca- demic research assessing the importance of NPIs for tourism and hos- pitality customers during pandemics, by exploring a comprehensive set of NPIs as compared to the limited set of NPIs studied so far
Perspectives
Extant NPIs research over the past 20 years has been fragmented, leaving tourism and hospitality providers with little guidance on which NPIs to incorporate in their offerings during pandemics. To aid tourism and hospitality providers make better NPIs investment decisions, this research employs a hedonic modeling approach to evaluate the extent to which a comprehensive set of NPIs, implemented to varying extents by almost 10,000 hotels across nine countries in the Mediterranean Sea affect room prices.
Dr. Avraam Papastathopoulos
University of Dubai
Read the Original
This page is a summary of: Effects of COVID-19 induced non-pharmaceutical interventions on hotel room prices: A comprehensive hedonic pricing study across nine countries, Journal of Hospitality and Tourism Management, March 2023, Elsevier, DOI: 10.1016/j.jhtm.2022.12.018.
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