A Study of Location of Hotels －The Application of Hedonic Approach for Budget Hotel－

Abstract

In recent years, many types of stay specialization hotels have opened. A stay specialization hotel requires low lodging charges, minimum stay functions, and ease of access. For this purpose, we performed studies with a focus on the location and function of the accommodation attributes of hotels. In this paper, the service quality of lodging charges of the budget hotel chain was analyzed with the application of hedonic approach for budget hotel chains in three major cities. As for the results, the following two points became clear, ① There is regional peculiarity in the price formation of lodging charges. ② In many budget hotel chain accommodations, the service quality is above standard expectations. These results are based upon a user behavior and the location of the budget hotel chain.