nep-tur New Economics Papers
on Tourism Economics
Issue of 2017‒11‒05
two papers chosen by
Laura Vici
Università di Bologna
  1. The dynamics of online hotel prices and the EU Booking.com case By Andrea Mantovani; Claudio Piga; Carlo Reggiani
  2. Technology Case Study: Virtual Lifestyles and Sustainable Economic Development By Mamoon, Dawood
  1. By: Andrea Mantovani (Department of Economics, University of Bologna, Strada Maggiore 45, 40125 Bologna, Italy.); Claudio Piga (Keele Management School, Keele University, Staffordshire ST5 5BG, United Kingdom.); Carlo Reggiani (Department of Economics, School of Social Sciences, University of Manchester, Manchester M13 9PL, United Kingdom.)
    Abstract: This paper analyses the dynamics of hotel prices listed on Booking.com in the period 2014-16. This period is characterised by the most important antitrust decisions regarding the use of price parity clauses by online travel agencies (OTAs) in the EU. First, we document the dynamics of hotel prices on Booking.com in tourism regions of three EU member states: France, Italy, and Spain. The evidence suggests that prices decreased in 2015, the year in which the major antitrust decisions took place, whereas they bounced back in 2016. Second, we provide both a comprehensive explanation of the previous evidence and a rationalisation based on a theoretical model of the OTA sector. Overall, our overarching analysis of the price dynamics on Booking.com allows to explain both the impact of removing price parities and the possible response of the OTAs.
    Keywords: Price parity clauses; hotel booking; online travel agencies; Booking.com
    JEL: D40 L42 L81
    Date: 2017–09
    URL: http://d.repec.org/n?u=RePEc:net:wpaper:1704&r=tur
  2. By: Mamoon, Dawood
    Abstract: The paper analyses the opportunity cyber space and virtual technologies provide for improvement of lifestyles of rural and urban poor in developing countries. The paper floats the term ‘virtual tourism’ that suggests that developing countries can connect with each other and the developed world through world wide web and provide opportunities of cultural, economic and social exchange between populations through development and facilitation of locally developed virtual applications and technologies that has partly created the social media outlets like face book and Twitter and commerce spaces like Amazon and Ali Baba.
    Keywords: Information Technology, Sustainable Development, Virtual Tourism
    JEL: O33
    Date: 2017–10–18
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:82045&r=tur
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