Please use this identifier to cite or link to this item: http://hdl.handle.net/10348/10053
Title: Winescape’s aesthetic impact on lodging room prices: A spatial analysis of the douro region
Authors: Guedes, Alexandre
Rebelo, João Fernandes
Keywords: Winescape
lodging room price
hedonic pricing method
geographically weighted regression
Douro
Issue Date: 2019
Abstract: This study estimates the local economic effects on lodging establishments’ room prices of the winescape’s aesthetic attributes, mostly shaped by the wine filière, combined with other fundamental situation, site-specific and online reputation factors. A semi-parametric geographically weighted regression model was applied to examine how lodging establishments’ room prices vary in space. The hedonic pricing model was based on Booking.com’s room rates of lodging establishments located in the Douro region in Portugal, a monocultural environment, which is predominantly rural and dominated by vineyards, combining small towns with a hybrid urban-rural character. The results suggest that landscape factors, which encapsulate structural features of the Douro wine region, exert a statistically significant effect on lodging establishments’ room prices.
Peer Reviewed: yes
URI: http://hdl.handle.net/10348/10053
Document Type: Article
Appears in Collections:CETRAD - Artigo publicado em Revista Científica Indexada



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