RT Journal Article
T1 Algarve hotel price determinants: A hedonic pricing model
A1 Soler-García, Ismael Pablo
A1 Gemar-Castillo, Germán
A1 Correia, Marisol B.
A1 Serra, Francisco
K1 Hostelería - Precios - Gestión -  Algarve (Portugal)
AB This study sought to assess customers' willingness to pay for a wide variety of characteristics and attributes ofhotels in Portugal's Algarve region. After collecting nearly all the information available on TripAdvisor for hotelsin this region, a hedonic pricing model was developed using a database of 9992 cases. The results suggest that –after standardisation – the most important variable shaping Algarve hotel room rates is the previous day's prices.When associated with a family-friendly hotel, star category and services have a greater value than beaches orgolf courses do. Customers also appreciate some types of hotels, such as boutique, quaint or trendy hotels, butview others negatively, such as family-friendly or business hotels. Only the specific location of Falesia Beachadds value, although the Algarve is a desirable destination overall. Both destination and hotel managers can usethe proposed method to analyse data for their region on customers' propensity to pay.
PB Elsevier
YR 2019
FD 2019
LK https://hdl.handle.net/10630/29474
UL https://hdl.handle.net/10630/29474
LA eng
NO Soler, I. P., Gemar, G., Correia, M. B., & Serra, F. (2019). Algarve hotel price determinants: A hedonic pricing model. Tourism Management, 70, 311-321.
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026