Can economics explain where all-inclusive deals are offered?

Material TypeArticleLanguageEnglish
TitleCan economics explain where all-inclusive deals are offered? Author(S)Christian Bladh (Author)
Abstract  This paper investigates why all-inclusive travel packages are offered at some hotels but not at others. Using the theory of transaction cost, it is argued that all-inclusive contracts mitigate a hold-up problem and that the severity of this problem varies with regard to the hotel's distance from the resort centre. ...Paginationp 339-348
SubjectEconomicsDescriptorsTourism
Journal TitleTourism Economics: the Business and Finance of Tourism and Recreation  
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