英文摘要 |
The hierarchical linear model was employed to analyze how revenue generating is related to multi-level influence effects of micro and macro level covariates in the hotel industry. The quantile regression was used to grasp how the covariates affect not only the center of the distribution, but also the spread and the magnitude of extreme events by specifying different covariate effects at different quantile levels for revenue generating. The final results show: At the hotel micro level covariates have a significant effect on revenue generating in tourist and general hotels except for room price and equipment expenditure in tourist hotel. Furthermore, in regional characteristic macro level, the intraclass coefficient shows that the regional differences should not be ignored in both type hotels. Road space and number of attractions have significant effects on revenue generating in general hotels. Furthermore, population density moderates the relationship between room price and revenue generating. Only the road space has significant positive effect on revenue generating in tourist hotels, and this negatively moderates the relationship between room price and revenue generating. Hence, the regional factor impacts revenue generating by moderating operation factors. The results illustrate that the quantile regression models can explore the significant covariates which have varied impacts on revenue generating on different quantiles of the hotel. |