Parent Category: Article
Can economics explain where all-inclusive deals are offered?
|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|
|Journal Title||Tourism Economics: the Business and Finance of Tourism and Recreation|| || |
|Permanent Links||click here|| || |