Competitive Hotel Pricing in Europe: An Exploration of Strategic Positioning | By: Cathy A. Enz, Linda Canina, and Jean-Pierre van der Rest
Executive Summary: This study explores the effects of competitor pricing levels on relative revenue on a sample of over 4,000 hotels in Europe over a ten-year period (2004–2013). Hotels in this European sample, which included both independent and chain-affiliated properties, achieved higher revenue per available room (RevPAR) than direct competitors when they positioned their hotels with comparatively higher prices.
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