Hotel Revenue Convergence: Evidence Across Star Hotels in Chinese Provinces.

ABSTRACT: This paper analyses, for the first time, potential convergence patterns of hotel revenues across provinces in China. Through the club clustering methodology, the analysis uses a unique dataset of all hotels across all Chinese provinces. The findings document that these hotel revenues follow a diverging pattern on a national level, while a converging pattern is identified across certain provinces, thus forming specific clubs. When the analysis is extended to identify potential drivers for such diverging or converging behavior, the new results illustrate the role of productivity trends, management strategies and tax policies as those factors that drive such patterns. The results could be of substantial value, primarily for tourism policymakers to further improve the current framework of the

SUBMITTER: Apergis N 

PROVIDER: S-EPMC9185133 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature