Influences of consumer characteristics on fairness perceptions of revenue management pricing in the hotel industry |
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Authors: | Cindy Yoonjoung Heo Seoki Lee |
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Affiliation: | 1. School of Hotel and Tourism Management, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong;2. School of Tourism and Hospitality Management, Temple University, Speakman Hall, Room 314, 1810 N. 13th Street, United States |
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Abstract: | Fairness perceptions play an important role in customers’ behavior, and this study explores which consumer characteristics influence fairness perceptions of revenue management (RM) pricing in the hotel context. To examine such differentiating characteristics, the study conducts a logit analysis by comparing two groups: one group of customers who consider hotels’ RM practices to be fair and the other group considers the practices to be unfair. The findings provide an opportunity for hotel managers to identify customers’ particular characteristics that affect customer's perceptions of the fairness of hotels’ RM pricing practices. |
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Keywords: | Fairness perceptions Revenue management Hotel pricing Logit analysis |
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