Year	2024
Authors	周秝宸,Meng-Ying Wang, Li-Chen Chou
Paper Title	Evaluating information asymmetry effects on hotel pricing: a comparative analysis before and during the COVID-19 pandemic in the Taiwan’s market
Journal Title	Humanities and Social Sciences Communications
Vol.No	11
Issue.No	1
Level Type	SCI
Paper Type	E-Journal
Total Pages	12
Date of Publication	2024-01-08
Abstract	The outbreak of the COVID-19 pandemic has imposed substantial impacts on the global hotel industry. This study employed a two-tier stochastic frontier model to investigate the dynamics of transaction information distribution within the tourist hotel lodging prices in Taiwan from July 2019 to November 2020. The primary objective was to analyze the disparities in price information between consumers and hoteliers before and after the outbreak of COVID-19. Empirical findings reveal a notable reduction in the divergence of lodging price information between consumers and hoteliers post the COVID-19 outbreak, particularly in metropolitan areas. The shift in consumer group structures within hotel operations induced by the pandemic has, in turn, exerted an influence on the pricing strategies adopted by hoteliers. The empirical results underscore that the outbreak of COVID-19 has contributed to a more transparent and …
Language	English
Reference URL	https://www.nature.com/articles/s41599-023-02582-1