Identification of Consumer Behavior Based on Price Elasticity: A Case Study of the Prague Market of Accommodation Services

The article deals with customer behavior in the market of accommodation services. The main purpose of this article is to identify tourist behavior using their sensitivity to changes in the price, based on the data from 2011 to 2018. The results can help to understand the booking behaviors of tourist...

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Bibliographic Details
Main Authors: Martin Petricek, Stepan Chalupa, Karel Chadt
Format: Article
Language:English
Published: MDPI AG 2020-11-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/22/9452