Hotels, prices and risk premium in exceptional times: The case of Milan hotels during the first COVID-19 outbreak

The COVID-19 outbreak affects hotels by changing demand and supply. We investigate the case of Milan, the outbreak epicentre in Europe, by studying the hotels' reaction before, during, and after the lockdown. We monitor room offers and prices posted on Booking.com in January–September 2020. Fin...

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Bibliographic Details
Main Authors: Anastasia Arabadzhyan, Paolo Figini, Lorenzo Zirulia
Format: Article
Language:English
Published: Elsevier 2021-11-01
Series:Annals of Tourism Research Empirical Insights
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666957921000148