Investigating the Impact of Online Word-of-Mouth on Hotel Sales with Panel Data

被引:0
|
作者
Lu Qi [1 ]
Xiao Lei [1 ]
Ye Qiang [1 ]
机构
[1] Harbin Inst Technol, Sch Management, Harbin 150001, Peoples R China
关键词
hotel; panel data; review; star rating; SENTIMENT CLASSIFICATION; REVIEWS;
D O I
暂无
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
With the rapid growth of online booking channel in hospitality industry, the impact of online word-of-mouth on hotel sales has become a popular topic among researchers and practitioners. Prior research mainly focuses on experience goods such as books and movies, and the results are inconsistent. To bridge the gap, we conduct an empirical study to testify how the average and variance of customer review impact hotel sales and further identify the moderating effect of hotel star ratings on this process. We collect panel data from a major travel service website in China, Elong.com, and reveal that both average rating of customer review and its variance have a positive impact on hotel sales. Besides, the average rating of customer review is more important for hotels with higher star ratings.
引用
收藏
页码:3 / 9
页数:7
相关论文
共 50 条
  • [1] MODERATING EFFECTS OF PRODUCT HETEROGENEITY BETWEEN ONLINE WORD-OF-MOUTH AND HOTEL SALES
    Lu, Qi
    Ye, Qiang
    Law, Rob
    [J]. JOURNAL OF ELECTRONIC COMMERCE RESEARCH, 2014, 15 (01): : 1 - 12
  • [2] Online Word-of-Mouth Marketing Strategy in Hotel Management
    Li Ye
    Liang Yushe
    [J]. MARKETING SCIENCE INNOVATIONS AND ECONOMIC DEVELOPMENT, 2009, : 3 - 8
  • [3] Impact of online word-of-mouth on sales: the moderating role of product review quality
    Meng, Yuan
    Wang, Hongwei
    Zheng, Lijuan
    [J]. NEW REVIEW OF HYPERMEDIA AND MULTIMEDIA, 2018, 24 (01) : 1 - 27
  • [4] The Impact of Electronic Word-of-Mouth on the Purchase Intention of Tourists on Online Hotel Booking Applications
    Nguyen, Dao Thi Bich
    Nguyen, Van Thi Khanh
    [J]. INTERNATIONAL JOURNAL OF ASIAN BUSINESS AND INFORMATION MANAGEMENT, 2024, 15 (01)
  • [5] The Impact of Free Sampling of Information Goods on the Dynamics of Online Word-of-Mouth and Retail Sales
    Zhou, Wenqi
    Duan, Wenjing
    [J]. AMCIS 2012 PROCEEDINGS, 2012,
  • [6] The Impact of Online Word of Mouth on Fund Sales
    Liu Jing-wen
    Zou Peng
    Li Xiao-li
    [J]. 2016 23RD ANNUAL INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING, VOLS. I AND II, 2016, : 1488 - 1496
  • [7] HOW WORD-OF-MOUTH MODERATES ROOM PRICE AND HOTEL STARS FOR ONLINE HOTEL BOOKING AN EMPIRICAL INVESTIGATION WITH EXPEDIA DATA
    Wang, Mohan
    Lu, Qi
    Chi, Robert T.
    Shi, Wen
    [J]. JOURNAL OF ELECTRONIC COMMERCE RESEARCH, 2015, 16 (01): : 72 - 80
  • [8] Brand first? The effect of hotel online word-of-mouth on consumer brand sensitivity
    Li, Xianchun
    Fan, Yiying
    Zhong, Xin
    Hu, Jiajing
    [J]. FRONTIERS IN PSYCHOLOGY, 2022, 13
  • [9] Towards a Model of Electronic Word-of-Mouth and Its Impact on the Hotel Industry
    Torres, Edwin N.
    Singh, Dipendra
    [J]. INTERNATIONAL JOURNAL OF HOSPITALITY AND TOURISM ADMINISTRATION, 2016, 17 (04): : 472 - 489
  • [10] Investigating Electronic Word-of-Mouth Effects on Online Discussion Forums: The Role of Perceived Positive Electronic Word-of-Mouth Review Credibility
    Chih, Wen-Hai
    Wang, Kai-Yu
    Hsu, Li-Chun
    Huang, Su-Chen
    [J]. CYBERPSYCHOLOGY BEHAVIOR AND SOCIAL NETWORKING, 2013, 16 (09) : 658 - 668