Skip to Content
Print Share

A Model of Investment in the Sydney Four and Five Star Hotel Market

Industry Commission staff information paper

This paper was released in October 1996.

Download this publication

Contents

Preliminaries
Copyright, Preface, Contents, Executive Summary

1   Review Of The Hotel Market
1.1   4 and 5 star hotels, Sydney 1987 to 1994
1.2   Other sectors and earlier periods

2   Previous Studies of Demand and Supply

3   Dynamic Models of Supply and Demand
3.1   Demand
3.2   Supply
3.3   Pricing constraints

4   Explaining Supply and Demand
4.1   Investment in Sydney 4 and 5 star hotels under full information
4.2   Investment in Sydney 4 and 5 star hotels under limited information
4.3   Capital gains expectations and other investment considerations

5   Summary

APPENDICES

A   Mathematical representation of the model

B   Estimation of the operating cost function

C   Model validity and sensitivity analysis

References

Printed copies

This publication is only available online.

Publications feedback

We value your comments about this publication and encourage you to complete and submit the publications feedback form.