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The daily number of occupied hotel rooms in three large Swedish cities is modelled by an integer-valued and binomial autoregression. The model includes the capacity constraint and price variables are incorporated through the parameters of the model. The model implies a duration of hotel visit...
Persistent link: https://www.econbiz.de/10014035439
The number of Norwegian guest nights in Swedish hotels and cottages is studied. Aggregation of an integer-valued AR(1) model and a two-stage demand model underlies the empirical results. The parameters in the model are check-out probability, mean check-in and the probability of selecting the...
Persistent link: https://www.econbiz.de/10014138878