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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Evaluation of Best Price Clauses in Online Hotel Bookings |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | International Journal of Industrial Organization |
Publisher | Elsevier |
Geographical Reach | international |
ISSN | 0167-7187 |
Volume | 61 |
Number | November |
Page Range | 542 - 571 |
Date | 2018 |
Abstract Text | We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of nearly 30,000 hotels in different countries. We find that BPCs influence the pricing and availability of hotel rooms across online sales channels. In particular, hotels publish their offers more often at Booking.com when the OTA does not use the narrow BPC, and also tend to promote the direct online channel more actively. Moreover, the abolition of Booking.com’s narrow BPC is associated with the direct channel of chain hotels having the strictly lowest price more often. |
Digital Object Identifier | 10.1016/j.ijindorg.2018.03.008 |
Other Identification Number | merlin-id:18310 |
PDF File | Download from ZORA |
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