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Introduction: This paper analysis the spatial dynamics of the development of tourism industry in a leading tourism destination in Portugal. Previous studies focused on the spatial dynamics of the tourism industry had shown that, at the very begin, hotels and tourism facilities are located in the...
Persistent link: https://www.econbiz.de/10011476386
A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: A global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is...
Persistent link: https://www.econbiz.de/10003396562
We investigate the pricing behaviour of firms facing date-specific demand shocks, by focussing on Parisian hotels during a big event, the 2016 European Football Cup. Using a unique dataset, we document an initial propensity to set the same price for rooms on different match dates, although...
Persistent link: https://www.econbiz.de/10012895187
A simulation model of international tourist flows is used to estimate the impact of a carbon tax on aviation fuel. The effect of the tax on travel behaviour is small: A global $1000/tC would change travel behaviour to reduce carbon dioxide emissions from international aviation by 0.8%. This is...
Persistent link: https://www.econbiz.de/10012711532
Many dynamic revenue management models divide the sale period into a finite number of periods T and assume, invoking a fine-enough grid of time, that each period sees at most one booking request. These Poisson-type assumptions restrict the variability of the demand in the model, but researchers...
Persistent link: https://www.econbiz.de/10012718133
Network Revenue Management can be formulated as a stochastic dynamic programming problem ("optimal" solution) whose exact solution is computationally intractable. Consequently, a number of heuristics have been proposed in the literature, the most popular of which are the deterministic linear...
Persistent link: https://www.econbiz.de/10014219534
This paper will argue that it is imperative regulations on UAVs address cybersecurity and privacy issues in order to remain on the forefront of technology within the aviation industry. Although it may seem like it is more important to establish basic laws on UAS, legislators need to work...
Persistent link: https://www.econbiz.de/10014121508
This paper addresses the problem of re-establishing an international airport in Nineveh Governorate, Iraq, five years after liberation from the domination of the terrorist regime, ISIS. It aims to "assess the economic, technical and financial feasibility of establishing Al-Sahaji International...
Persistent link: https://www.econbiz.de/10014358360
Over the years, the evolution of the air transport sector has determined important changes in the tourism industry. One of the consequences of the liberalization of air transport has been the development of the "hub-and-spoke" system, used by traditional airlines in order to be more efficient in...
Persistent link: https://www.econbiz.de/10014474871
I describe the customer valuations game, a simple intuitive game that can serve as a foundation for teaching revenue management. The game requires little or no preparation, props or software, takes around two hours (and hence can be finished in one session), and illustrates the formation of...
Persistent link: https://www.econbiz.de/10014209209