Auction Sales of Hotel Rooms and Airline Seats
Abstract:This article provides a primer on the different types of single-item auctions, and then discusses the various combinations of pricing flexibility and opaqueness. It then reveals that whereas 13% of hotel rooms are sold through auction sites, less than 1% of airline seats are auctioned off. It concludes with plausible reasons for the relative unpopularity of buying airline tickets through auctions.
Document Type: Research Article
Publication date: 2012-03-01
More about this publication?
- The aim of Tourism Analysis is to promote a forum for practitioners and academicians in the fields of Leisure, Recreation, Tourism, and Hospitality (LRTH). As a interdisciplinary journal, it is an appropriate outlet for articles, research notes, and computer software packages designed to be of interest, concern, and of applied value to its audience of professionals, scholars, and students of LRTH programs the world over.