Reference Prices in Online Assessment of Hotel Services

Authors

  • Sara Campo Martínez Departamento Financiación e Investigación Comercial, UNIVERSIDAD AUTÓNOMA DE MADRID, ESPAÑA. E-mail: sara.campo@uam.es
  • María Jesús Yagüe Guillén Departamento Financiación e Investigación Comercial, UNIVERSIDAD AUTÓNOMA DE MADRID, España. E-mail: maria.yague@uam.es

DOI:

https://doi.org/10.25115/eea.v29i3.4416

Keywords:

Reference Prices, Hotel Services Assessment, Electronic Word of Mouth.

Abstract

The star hotel classification system should act as an external sign that provides clients with information regarding the expected hotel levels of prices and services. However, the stars assigned are not reviewed and usually, they are confusing signs for clients regarding quality levels. Nowadays, on-line reservation systems allow clients to obtain information quickly and easily regarding hotel prices and to consult other guests' satisfaction levels, also known as electronic word of mouth (e-WOM). Many times, this information is more credible than stars when it comes to look for a hotel stay. In this new informative context, this study aims at analyzing the posted data in a hotel reservation web site regarding rooms and the guests' assessment of quality perceived. Its objective is the analysis of the influence of published prices in the assessments made by hotel guests.

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Published

2020-12-26