The paper presents an incomplete competition model (ICM), where inflation is determined jointly with unit labour cost growth. The ICM is estimated on data for the Euro area and evaluated against existing models, i.e. the implicit inflation equation of the Area Wide model (AWM) - cf. Fagan, Henry...

As it is now, no common minimum standards exist that define the safety of hotels in Europe. The 1986 Council Recommendation on fire safety in existing hotels provides a basis for creating common minimum standards for fire safety in European hotels, but a number of stakeholders have raised...

This report gives an overview of working conditions, job quality, workers’ health and job sustainability in the accommodation sector (NACE 55).1 It is based mostly on the fifth European Working Conditions Survey (EWCS), which gathers data on working conditions and the quality of work across 34...

Online hotel reservation systems are increasing in importance and greatly facilitate cross-border consumer activity. The Internet has enabled hotels to contract directly with a huge number of potential customers. It has also revitalised the role of agents and lead to a new type of agent, the web...