| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Are Travelers Willing to Pay a Premium to Stay at a “Green” Hotel? Evidence from an Internal Meta-Analysis of Hedonic Price Premia
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| Autores: |
Kuminoff, Nicolai V.
Zhang, Congwen
Rudi, Jeta
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| Data: |
2010-10-26
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| Ano: |
2010
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| Palavras-chave: |
Green lodging
Hedonic
Hotel
Internal meta-analysis
Environmental Economics and Policy
Research Methods/ Statistical Methods
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| Resumo: |
A growing number of hotels provide “green” lodging for travelers with strong environmental preferences. Twelve states have developed certification programs to regulate these claims. After describing the new market for green lodging, we use data on prices and amenities of “green” and “brown” hotels in Virginia to estimate a hedonic model of hotel room pricing. We find that travelers can expect to pay a significant premium for a standard room in a green hotel. An internal meta-analysis is used to evaluate the robustness of this result to subjective econometric modeling decisions. Our results indicate a premium between $9 and $26.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/95612
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| Relação: |
Agricultural and Resource Economics Review>Volume 39, Number 3, October 2010
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| Formato: |
17
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