2026-04-17T15:48:03Zhttps://recercat.cat/oai/requestoai:recercat.cat:10256/150082024-06-18T11:12:00Zcom_2072_452955com_2072_2054col_2072_452964
RECERCAT
author
Espinet i Rius, Josep Maria
author
Fluvià, Modest
author
Rigall i Torrent, Ricard
author
Oliveras Corominas, Anna
2024-06-18T11:12:00Z
2024-06-18T11:12:00Z
2018
http://hdl.handle.net/10256/15008
The purpose of this paper is to examine the effect on price of different cruise industry
characteristics from the point of view of actual prices. The analysis is carried out from the supply side but
taking into account the real prices paid by customers.
Design/methodology/approach – This paper uses the hedonic price methodology. To develop this
research, a database of more than 36,000 prices paid by cruise passengers and different characteristics of
ships in 2013 was built. To obtain the results, ten models have been developed with significant adjusted R2 of
between 0.85 and 0.93 making the models and results robust.
Findings – The results show that the main attributes affecting prices are the number of nights of the
itinerary, the departure date, the number of days before departure the booking is made, the accommodation
type and some facilities, such as casinos, cinemas and swimming pools. The results also yield a ranking of
ship companies based on price and quality dimensions. Finally, the authors suggest some implications for
management and new research.
Originality/value – This paper offers a new approach in the academic literature of the cruise industry in
two respects. First, in its use of a broad database of actual prices paid by passengers – more than 36,000
observations. Second, in the application of the hedonic pricing methodology, widely used in the tourism sector
(see the Methodology and Database section) but until now not in the cruising segment
Attribution 3.0 Spain http://creativecommons.org/licenses/by/3.0/es/ info:eu-repo/semantics/openAccess
Creuers turístics
Cruise lines
Cruise tourism: a hedonic pricing approach
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion peer-reviewed