Effects of faith-based attributes on hotel prices: the case of halal services

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Avraam Papastathopoulos ◽  
Christos Koritos ◽  
Charilaos Mertzanis
Keyword(s):  
Quantile Regression ◽  
Hedonic Pricing ◽  
Muslim Country ◽  
Content Type ◽  
Bayesian Quantile Regression ◽  
Faith Based ◽  
Hedonic Pricing Method ◽  
Price Determinants ◽  
Research Stream ◽  
Tourism And Hospitality

Purpose For more than 40 years, researchers have examined an exhaustive set of attributes as price determinants in tourism and hospitality. In extending this rich research stream, this study aims to propose and empirically assess a new set of hotel attributes, namely, faith-based attributes that allow tourists to continue following the activities and rituals guided by their religions while on vacation. Design/methodology/approach Using the Bayesian quantile regression for the first time in the field of hotel pricing, the hedonic pricing models examine both internal and external faith-based attributes, namely, halal services, which cater to the needs of Muslim tourists, in a sample of 805 hotels across the top three non-Muslim country destinations (Singapore, Thailand and Japan). Findings By exploring the effects of faith-based (halal) attributes available in hotels located in the biggest cities of the above-mentioned destinations, this study provides evidence for the significant role of faith-based (halal) attributes in determining hospitality prices. Practical implications This study’s findings offer a resource for several implications for tourism and hospitality scholars, practitioners and policymakers, especially within the field of Muslim/halal tourism, to develop action plans and strategies. Originality/value This study is the first to introduce a novel set of faith-based hospitality attributes and empirically assess their impact on hospitality price formation. Additionally, it contributes to the hedonic pricing method by being the first to use the Bayesian quantile regression.

Shared amenities’ impacts on condominium resale values

2019 ◽  
Vol 13 (2) ◽  
pp. 281-297 ◽  
Author(s):  
Kayo Tajima
Keyword(s):  
Original Data ◽  
Hedonic Pricing ◽  
Unit Price ◽  
Data Set ◽  
Content Type ◽  
Meeting Room ◽  
Residential Unit ◽  
Hedonic Pricing Method ◽  
The Impact ◽  
Over Time

Purpose This study aims to analyze whether and how condominium shared utilities and facilities (e.g. community spaces), of which buyers assume a share of the ownership upon acquisition of a residential unit, affect the condominium unit price over time. Design/methodology/approach The transaction price of each unit reflects the quality of the residential unit and the properties of the shared facilities. Based on the hedonic pricing method, this study assesses the impact of shared amenities on unit resale prices, using an original data set on condominium unit resale transactions and the status of housing characteristics for both condominium units and condominium buildings. Findings Results show that holding other conditions constant, a meeting room and an external space that can host events increase the unit resale price by approximately 7 and 16 per cent, respectively. Some community amenities such as a meeting room may increase its impact later in the condominium’s lifetime. Research limitations/implications Because of the proprietary nature of data, the analysis focuses on high-end condominium properties in central Tokyo. Although it is difficult to single out the shared amenities’ effects on condominium resale prices from potentially confounding factors, this study partially overcomes this issue by including explanatory geographical variables (e.g. ground heights). Practical implications The results suggest that a shared facility that hosts social interactions among residents significantly affects the resale market value of housing units and that their magnitudes may change over time. Originality/value To the best of the author’s knowledge, this study provides the first empirical evidence of the impacts of shared structures on condominium unit sales using micro-level transaction data in Japan.

Accommodation prices on Airbnb: effects of host experience and market demand

2018 ◽  
Vol 30 (5) ◽  
pp. 608-620 ◽  
Author(s):  
Francesca Magno ◽  
Fabio Cassia ◽  
Marta Maria Ugolini
Keyword(s):  
Hedonic Pricing ◽  
Pricing Strategies ◽  
Market Demand ◽  
Content Type ◽  
Hedonic Pricing Model ◽  
Price Adjustments ◽  
Major Trend ◽  
Price Management ◽  
Price Determinants ◽  
The City

Purpose Accommodation sharing is a major trend shaping the hospitality industry, and Airbnb is the most prominent sharing platform driving this growth. While price convenience is reported as one of the main strengths of Airbnb accommodations, only a few studies have examined price determinants. In particular, it is unclear whether hosts dynamically adjust prices for shared accommodation based on their experience with price management and on the level of market demand. The purpose of this paper is to fill this gap by suggesting and testing a comprehensive hedonic pricing model. Design/methodology/approach Data from all 1,056 Airbnb listings for accommodations available in the city of Verona, Italy on four booking dates in 2016 are collected and analysed through regression analysis. Findings The results highlight that price is significantly related to the level of the host’s accumulated experience and the level of market demand on a specific booking date. The findings provide support for the ability of hosts to dynamically adjust prices for their accommodations. Practical implications Drawing on the innovator’s dilemma theory, this study suggests some strategies that traditional hotels may adopt to react to the disruptive nature of Airbnb. Originality/value This is one of the few studies to address hosts’ pricing strategies and specifically consider price adjustments owing to variations in host experience and market demand.

The Bayesian quantile regression and rough set classification

Kybernetes ◽  
2017 ◽  
Vol 46 (7) ◽  
pp. 1262-1274 ◽  
Author(s):  
Shianghau Wu ◽  
Jiannjong Guo
Keyword(s):  
Education Reform ◽  
Quantile Regression ◽  
Rough Set ◽  
General Public ◽  
Central Government ◽  
Satisfaction Level ◽  
Content Type ◽  
Bayesian Quantile Regression ◽  
Key Variables ◽  
The Government

Purpose In this paper, the authors aim to propose to find the variables that affect the Taiwanese people’s satisfaction level of the general public with the government. Design/methodology/approach The authors intend to utilize the Bayesian quantile regression to explore the variables that affect the satisfaction of the general public at specific quantiles of Taiwanese satisfaction with the government and rough set classification to explore key variables related to the satisfaction level. Then they make the comparison of the classification among the two methods to obtain the performance of the classification. Findings The experiment result shows the major factors which have the positive relationship with the people who have higher satisfaction level with the central government. These factors include satisfaction with the uncorrupted performance of the central government; the evaluation of household’s economic condition one year after the present time; the satisfaction with the Taiwanese central government’s measures on food safety and the satisfaction with the 12 years primary education reform. Originality/value The study’s originality hinges on the application of Bayesian quantile regression and rough set classification to the analysis of the Taiwanese satisfaction with the government. It offers more insights on the key variables related to different satisfaction level and the classification performance between the two methods.

Delving into children’s travel dreams: a qualitative investigation

2019 ◽  
Vol 13 (3) ◽  
pp. 359-367
Author(s):  
Derya Demirdelen ◽  
Ziad Alrawadieh ◽  
Ahmed Zareer ◽  
Ismail Kizilirmak
Keyword(s):  
Leisure Activities ◽  
Local Foods ◽  
Content Type ◽  
Study Approach ◽  
Travel Motivations ◽  
The Usa ◽  
Using Data ◽  
Research Stream ◽  
Tourism And Hospitality ◽  
Children's Travel

Purpose Drawing on a qualitative study approach using data collected from children in a primary school in Marmaris, Turkey, this study aims to intend to understand children’s vacation perceptions and preferences. Design/methodology/approach Students were asked to write a short composition describing where they would love to go for vacation (either in Turkey or abroad), why they would choose that destination(s) in particular and what they would do while on vacation. A task-based research technique was adopted, which is more adequate for research involving children participants. A total of 103 compositions were collected and a thematic content analysis was conducted. This approach has been widely used in tourism and hospitality research. Findings The findings revealed that children can clearly express their perceptions and preferences with regard to leisure activities. The majority of children wanted to visit overseas destinations (specifically, the USA, Germany and France), while a significant portion preferred local destinations within Turkey (specifically, Istanbul and Antalya). The desire for recreation and holiday, exploring new places and trying local foods and visiting families and relatives were identified as key travel motivations. Originality/value A key contribution of the current study lies in the fact that it adds to a research stream that shifts attention to insights gained directly from children rather relying on parents as a proxy. The paper has some theoretical and empirical implications.

scholarly journals Business relationships during project afterlife: antecedents, processes, and outcomes

2015 ◽  
Vol 30 (5) ◽  
pp. 572-583 ◽  
Author(s):  
Ilkka Tapani Ojansivu ◽  
Kimmo Alajoutsijärvi ◽  
Jari Salo
Keyword(s):  
Empirical Research ◽  
Social Exchange ◽  
Marketing Research ◽  
Comparative Case Study ◽  
Business Relationships ◽  
Research Attention ◽  
Content Type ◽  
Research Framework ◽  
Research Stream ◽  
Conceptual Research

Purpose – The purpose of this research is to increase understanding of post-project business relationships in service-intensive projects, a topic unexplored to date. This research contributes to the project marketing research focusing on post-project interaction, by building a conceptual research framework capable of illustrating the path from the initiation of a relationship through the project’s afterlife. Design/methodology/approach – A comparative case study is used across four different service-intensive project contexts to highlight the conceptual research framework, derived from the IMP-related interaction research, in practice. Findings – According to the research findings, there are at least four potential post-project business relationships associated with service-intensive projects. Furthermore, the findings indicate that these relationships embody certain antecedent and process characteristics, enabling us to compile four distinct development paths. Research limitations/implications – The four cases of the empirical research were chosen on theoretical grounds to highlight the conceptual research framework in practice, and thus the purpose was mainly descriptive. The findings should be generalized only with caution, as more empirical research is needed in this emerging project context. Practical implications – For managers, the findings provide practical guidance to deal with different post-project relationships. They will help managers to initiate, maintain and develop post-project relationships and to avoid a mismatch between relationship antecedent, processes and outcomes. Originality/value – Post-project buyer – seller interaction has been studied by the project marketing research stream, but mainly from the perspective of social exchange and sleeping relationships. With the advent of service-intensive projects, however, a whole new breed of post-project business relationships is unfolding and demanding research attention. This research is a step toward understanding the different post-project business relationships associated with service-intensive projects.

Unveiling contemporary dimensions in the internationalisation of family firms through bibliometric analysis and thematic analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sonal Thukral ◽  
Apoorva Jain
Keyword(s):  
Bibliometric Analysis ◽  
Thematic Analysis ◽  
Family Firms ◽  
Research Area ◽  
Research Articles ◽  
Future Research ◽  
Content Type ◽  
Holistic Understanding ◽  
The Family ◽  
Research Stream

Purpose For sustaining a competitive advantage in the integrated world economy, it has become imperative for family firms to internationalise their operations in overseas markets. However, despite the growing set of literature, results are still inconclusive with respect to family firms’ internationalisation. Thus, this study aims to address this gap by systematically reviewing 142 articles (1991–2019) to help researchers in identifying and unfolding the unexplored themes in the underlying area. Design/methodology/approach For systematically reviewing articles, the study uses a three-step methodology following PRISMA guidelines, bibliometric analysis and thematic analysis. Descriptive statistics of 142 research articles are obtained through bibliometric analysis while thematic analysis is carried out to create themes or clusters of various factors relating to family firms’ internationalisation. Findings The current review uncovers the evolving trends in the research streams, most productive authors, top journals and articles, co-citation analysis, as well as the major themes surrounding the family firms’ internationalisation literature. Results from bibliometric analysis indicate that family firms’ internationalisation is an upcoming research area. Also, the review indicates an opportunity for scholars from developing nations to make significant contributions in the underlying research stream. Research limitations/implications Results from bibliometric and thematic analysis will help academicians and researchers in accumulating a holistic understanding relating to family firms’ internationalisation and understanding the upcoming trends in family firms’ research, thereby guiding the future research scope. Also, it will assist the family firms’ leaders and managers in understanding the important dynamics in overseas markets and various factors to be considered while planning their internationalisation. Originality/value Undertaking a systematic literature review presents readers with a state-of-the-art understanding of the underlying research topic. To the best of the knowledge, to date, the study is the first to conduct the review of literature through bibliometric analysis with the help of R Studio software in the field of family firms’ internationalisation. Also, the study is the first to review more than 100 research articles in the underlying area. Finally, the study proposes a comprehensive framework integrating the major themes and facets relating to family firms’ internationalisation.

The emergence of entrepreneurial team as a research field – way forward

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Willy Das ◽  
Satyasiba Das ◽  
Manojit Chattopadhyay
Keyword(s):  
Research Agenda ◽  
Research Field ◽  
Academic Disciplines ◽  
Future Research ◽  
Cross Sectional ◽  
Content Type ◽  
Future Research Agenda ◽  
Starting Point ◽  
Entrepreneurial Team ◽  
Research Stream

PurposeThe purpose of this paper is to review and critique the existing literature on entrepreneurial teams (ET) by taking a multi-disciplinary viewpoint and provide a future research agenda based on the identified themes and trends.Design/methodology/approachA systematic literature review (SLR) was undertaken using “business source complete”. Further scrutiny and application of exclusion criteria led to a final sample consisting of 139 papers from 27 different journals belonging to not just entrepreneurship and strategic management but also other disciplines like OB, finance, sociology, psychology, etc. Using qualitative thematic analysis, the authors identified 11 major themes.FindingsThe paper reviews both the eleven themes and the linkages between the themes. Thereby identifying areas that have been understudied and those that have received comparatively more attention. The review revealed that the research stream possesses certain conceptual and methodological concerns apart from its cross-sectional and primarily bivariate nature. Five such main concerns have been identified and discussed in detail. Other elements of the resulting research agenda include calls for more clinical process-oriented research, further attention to context, shifting the level of analysis, and a need to integrate across disciplines.Originality/valueThis paper incorporates a broad insight of ET across academic disciplines to show how future contributions could benefit by incorporating research from other fields. In doing so, provides a starting point for more nuanced discussions around the interrelationships between the different conversations that are taking place in the ET literature.

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