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 provide feedback.