9/16/2023 0 Comments Well done abba torrent![]() ![]() While dynamic pricing is a common practice in tourism, this is the first comprehensive study on the relationship between price variability and revenue maximization. The objective of this article is to analyze the effect of dynamic price variability on revenue maximization. We conclude by providing some useful insights on measures aimed at improving related policies. The study does not reveal any significant effects of sustainable certification on the prices of accommodations, which would appear to explain the low participation of establishments in the program. The analysis is carried out for coastal hotels located in the southern area of Tenerife (Canary Islands, Spain) which merits attention as a typical mature sun and beach tourist destination. Prior to the hedonic estimation, the propensity score-matching methodology is applied in order to control for self-selection bias. For this, the hedonic price method is used. Specifically, using cross-sectional analysis, we explore the existence of a causal link between the possession of a voluntary sustainable certification, Eco-Management and Audit Scheme (EMAS), and the increase in the prices of hotel accommodation. This article contributes to the debate about whether the investment in tourism sustainability is economically profitable for firms.
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