Designing Experimental Classes in College Hotel Management Course: Hedonic Regression Analysis

Autor: Dr. Gaolu Zou
Rok vydání: 2022
Předmět:
Zdroj: Global Academic Journal of Humanities and Social Sciences. 4:15-18
ISSN: 2707-2576
2706-901X
DOI: 10.36348/gajhss.2022.v04i01.003
Popis: The experimental classes in Hotel Management for university tourism management majors can help students understand and master the fundamental theories and methods of hotel management. Taking hotel prices in Chengdu, China, as an example, this paper designs a course experiment on the impact of hotel star ratings and distance from CBD on prices. Gains are made in the experiments in Hotel Management course teaching. Students have mastered the use of built-in regression programs in Excel and hedonic price models in hotel management analysis. In the experiment, students found that an increase in hotel star ratings will increase hotel prices. With the rise in the distance from the CBD, the price will decrease. These are in line with theoretical expectations. These findings aroused students’ strong interest in learning hotel management courses.
Databáze: OpenAIRE