<p>While dynamic pricing is central to hotel revenue management, empirical evidence of its actual use remains scarce. We analyze 52.7&#xa0;million daily prices from 119,641 European properties using k-means clustering and OLS regression. Static pricing dominates (81.1%). About 15% of properties show high-complexity price variation and 3.8% high volatility; systematic, airline-style lead-time yield curves are rare, and most observed variation reflects calendar and seasonal pricing rather than genuine lead-time dynamic pricing. We find that price-variation intensity is associated with higher star ratings and specific geographic markets, whereas extensive customer reviews are associated with lower pooled price dispersion.</p>

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The prevalence of dynamic pricing in the European hotel industry: an empirical analysis and strategic segmentation

  • Stefan Mathes,
  • Ginesa Martínez-del Vas,
  • Miguel Puig-Cabrera,
  • Matthias Gehrke

摘要

While dynamic pricing is central to hotel revenue management, empirical evidence of its actual use remains scarce. We analyze 52.7 million daily prices from 119,641 European properties using k-means clustering and OLS regression. Static pricing dominates (81.1%). About 15% of properties show high-complexity price variation and 3.8% high volatility; systematic, airline-style lead-time yield curves are rare, and most observed variation reflects calendar and seasonal pricing rather than genuine lead-time dynamic pricing. We find that price-variation intensity is associated with higher star ratings and specific geographic markets, whereas extensive customer reviews are associated with lower pooled price dispersion.