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Parent Category: Article
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Category: Economics
Can economics explain where all-inclusive deals are offered?
Material Type | Article | Language | English | Title | Can 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. ... | Pagination | p 339-348 | Subject | Economics | Descriptors | Tourism | Journal Title | Tourism Economics: the Business and Finance of Tourism and Recreation | | | Permanent Links | click here | | |
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