Publication Date:
2019
Short description:
FINANCIAL CONSTRAINTS AND PUBLIC INTERVENTION: CABLEWAY SYSTEM / Ferrarese, Moreno; Loner, Enzo; Pulina, Manuela. - (2019), pp. 182-192. (Intervento presentato al convegno 9th ADVANCES IN HOPITALITY AND TOURISM MARKETING AND MANAGEMENT CONFERENCE tenutosi a Portsmoiuth, UK nel 9-12 LUGLIO 2019).
abstract:
The factors that influence cableway demand, business profitability and competitiveness are
explored. Core determinants are identified and validated through SEM, where continuous
indicators are used as observed or latent variables. In Aosta Valley (Italy), the cableway sector is
financially supported by the public agent. In line with the Lindhal equilibrium, it sets a price lower
than the free market equilibrium price. A loyal and price elastic segment of demand is identified.
Online consumers’ satisfaction has a negative impact on competiveness, implying the need for
adequate yield management. Climate changes represent a threat given the reduction in tourism
attractiveness of a destination.
explored. Core determinants are identified and validated through SEM, where continuous
indicators are used as observed or latent variables. In Aosta Valley (Italy), the cableway sector is
financially supported by the public agent. In line with the Lindhal equilibrium, it sets a price lower
than the free market equilibrium price. A loyal and price elastic segment of demand is identified.
Online consumers’ satisfaction has a negative impact on competiveness, implying the need for
adequate yield management. Climate changes represent a threat given the reduction in tourism
attractiveness of a destination.
Iris type:
4.1 Contributo in Atti di convegno
Keywords:
cableways, demand, business profitability, competitiveness, public intervention, SEM
List of contributors:
Ferrarese, Moreno; Loner, Enzo; Pulina, Manuela
Book title:
9th ADVANCES IN HOPITALITY AND TOURISM MARKETING AND MANAGEMENT CONFERENCE