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Author Question: Under what circumstances would a typical economy/budget lodging guest stay at a midscale property ... (Read 44 times)

V@ndy87

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on: Sep 11, 2019

Question 1

What are aggregators and what functions do they perform?
 
  What will be an ideal response?

Question 2

Under what circumstances would a typical economy/budget lodging guest stay at a midscale property instead?
 
  What will be an ideal response?


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heyhey123

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Reply #1 on: Sep 11, 2019

Answer 1

Aggregators are also known as meta-search firms who conduct searches for customers and direct them to the best-buy products that the customers specify.

Answer 2

Lodging guests will be less price-sensitive when another party pays for their stay. This is called the shared-cost effect and the customer may upgrade to a more expensive property because he/she is not paying.


V@ndy87

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Reply 2 on: Sep 11, 2019
Gracias!

kusterl

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Reply 3 on: Yesterday
Excellent

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