A comparison of the merchant and agency models in the hotel industry

DOI10.1111/ITOR.12365MaRDI QIDQ6088130

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Publication date: 16 November 2023

Published in: International Transactions in Operational Research (Search for Journal in Brave)

zbMATH Keywords

game theoryrevenue managementdual channelonline travel agency

Mathematics Subject Classification ID

Operations research, mathematical programming (90-XX)

Related Items (14)

A review of bricks-and-clicks dual-channels literature: trends and opportunities ⋮ Coordination of a supply chain with a loss-averse retailer under supply uncertainty and marketing effort ⋮ Optimal contract selection for an online travel agent and two hotels under price competition ⋮ Optimal overbooking decision for a “Hotel + OTA” dual‐channel supply chain ⋮ A review on competitive pricing in supply chain management problems: models, classification, and applications ⋮ Interaction between the introduction strategy of the third‐party online channel and the choice of online sales format ⋮ “Production + procurement” outsourcing with competitive contract manufacturer's partial learning and supplier's price discrimination ⋮ Cooperative advertising and pricing in an O2O supply chain with buy‐online‐and‐pick‐up‐in‐store ⋮ The bright side of third‐party marketplaces in retailing ⋮ Cooperation strategy for an online travel platform with value‐added service provision under demand uncertainty ⋮ The impact of production diseconomies on manufacturer encroachment ⋮ Cooperation strategies with third‐party platform: E‐tailer and manufacturer perspectives ⋮ Stop clicking around and book direct: impact of best rate guarantee on hotel pricing ⋮ How the agency contract fails in hybrid mode: agency fees and distribution sequences

Cites Work

• Unnamed Item
• Market structure and the value of overselling under stochastic demands
• Revenue management by sequential screening
• Clearance Pricing and Inventory Policies for Retail Chains
• Contingent Preannounced Pricing Policies with Strategic Consumers
• Supply chain pricing and coordination with markdown strategy in the presence of conspicuous consumers
• Supply Chain Coordination Under Channel Rebates with Sales Effort Effects
• The Name-Your-Own-Price Channel in the Travel Industry: An Analytical Exploration
• Channel Performance Under Consignment Contract with Revenue Sharing
• Centralized and Competitive Inventory Models with Demand Substitution
• Supply chain coordination based on return contracts with a threshold ordering quantity

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