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In this study we quantitatively analyze adverse effects of the COVID-19 pandemic-related restrictions on a hospitality industry’s demand indicator dynamics in 18 European countries. We propose a unified approach for measuring COVID-related losses based on comparing actual outcomes with...
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Starting from a day-to-day model on hotel specific guest nights we obtain an integer-valued moving average model by cross-sectional and temporal aggregation, The two parameters of the aggregate model reflect mean check-in and the check-out probability. Letting the parameters be functions of...
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