Industrial legacy and hotel pricing: An ...
Document type :
Compte-rendu et recension critique d'ouvrage
DOI :
Title :
Industrial legacy and hotel pricing: An application of spatial hedonic pricing analysis in Nord-Pas-de-Calais, France.
Author(s) :
Loïc, Lévi [Auteur]
Structures et Marché Agricoles, Ressources et Territoires [SMART]
Nowak, Jean-Jacques [Auteur]
Recherche Interdisciplinaire en Management et Économie Lab - ULR 7396 [RIME-Lab]
Petit, Sylvain [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Gouvernance et développement insulaire [GDI]
Laboratoire de Recherche Sociétés & Humanités [LARSH]
Université Polytechnique Hauts-de-France [UPHF]
Hammadou, hakim [Auteur]
Economie Quantitative, Intégration, Politiques Publiques et Econométrie [EQUIPPE]
Structures et Marché Agricoles, Ressources et Territoires [SMART]
Nowak, Jean-Jacques [Auteur]

Recherche Interdisciplinaire en Management et Économie Lab - ULR 7396 [RIME-Lab]
Petit, Sylvain [Auteur]
Centre de Recherche sur les Sociétés et Environnements en Méditerranées [CRESEM]
Gouvernance et développement insulaire [GDI]
Laboratoire de Recherche Sociétés & Humanités [LARSH]
Université Polytechnique Hauts-de-France [UPHF]
Hammadou, hakim [Auteur]

Economie Quantitative, Intégration, Politiques Publiques et Econométrie [EQUIPPE]
Journal title :
Tourism Economics
Pages :
870-898
Publisher :
IP Publishing
Publication date :
2022
ISSN :
1354-8166
English keyword(s) :
Industrial legacy
Hedonic functions
Nord-Pas-de-Calais
Spatial autocorrelation
Hedonic functions
Nord-Pas-de-Calais
Spatial autocorrelation
HAL domain(s) :
Économie et finance quantitative [q-fin]
English abstract : [en]
An old industrial region's legacy can be a serious impediment to the development of tourism and other activities by generating negative externalities and disamenities. The aim of this article is to examine whether the cost ...
Show more >An old industrial region's legacy can be a serious impediment to the development of tourism and other activities by generating negative externalities and disamenities. The aim of this article is to examine whether the cost of this industrial past as valued by tourists is reflected in hotel rates of the Nord-Pas de Calais region, a forerunner of the Industrial Revolution in France. An analysis based on the hedonic price method is undertaken using geolocalized data, to decompose hotel prices into the implicit prices of a set of attributes, both private and public, including the adverse public attributes inherited from the industrial past (brownfield sites, slag heaps, industrial seaports). By comparing the importance of each factor, our analysis provides useful information for public policy and hotel management strategies. In particular, our estimations reveal a significant negative effect of these adverse inherited public attributes on hotel rates for the Nord-Pas-de-Calais, but in the same order of magnitude as the effect of a tourist attraction, suggesting the potential power of public policy and local regeneration initiatives. Furthermore, our results show that hotel managers can obtain valuable information relative to the choice of a location for initial development, their investment strategy, and their communication strategy.Show less >
Show more >An old industrial region's legacy can be a serious impediment to the development of tourism and other activities by generating negative externalities and disamenities. The aim of this article is to examine whether the cost of this industrial past as valued by tourists is reflected in hotel rates of the Nord-Pas de Calais region, a forerunner of the Industrial Revolution in France. An analysis based on the hedonic price method is undertaken using geolocalized data, to decompose hotel prices into the implicit prices of a set of attributes, both private and public, including the adverse public attributes inherited from the industrial past (brownfield sites, slag heaps, industrial seaports). By comparing the importance of each factor, our analysis provides useful information for public policy and hotel management strategies. In particular, our estimations reveal a significant negative effect of these adverse inherited public attributes on hotel rates for the Nord-Pas-de-Calais, but in the same order of magnitude as the effect of a tourist attraction, suggesting the potential power of public policy and local regeneration initiatives. Furthermore, our results show that hotel managers can obtain valuable information relative to the choice of a location for initial development, their investment strategy, and their communication strategy.Show less >
Language :
Anglais
Popular science :
Non
Source :
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