363764

Price Fairness and Perceived Value in Hotels During the Exchange Rate Change in Egypt: A Comparative Study Based on Sociodemographic and Tripographic Attributes

Article

Last updated: 08 Feb 2025

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Abstract

Understanding price fairness and perceived value in hotels is crucial for predicting future purchasing behaviors, especially during times of exchange rate changes. Despite the recognized impact of exchange rates on price fluctuations in the hospitality sector, previous studies have not adequately explored the influence of sociodemographic and tripographic attributes on price fairness and perceived value in hotels during exchange rate changes in Egypt. Therefore, this research aims to investigate the differences in price fairness and perceived value in hotels during exchange rate changes in Egypt, focusing on sociodemographic and tripographic attributes such as nationality, gender, income, and hotel class. Both paper-based and web-based questionnaires were distributed to a stratified random sample of 384 guests in three, four, and five-star hotels in the Red Sea and Luxor governorates. The results during the exchange rate change in Egypt revealed that there is no significant difference between male and female guests in terms of price fairness perceptions. However, there is a significant difference between male and female guests in terms of perceived value. Moreover, there are significant differences in price fairness and perceived value in hotels based on guests' nationality and income levels during the exchange rate change in Egypt. Additionally, significant differences were found in price fairness and perceived value based on guests' nationality and the hotel class (three, four, and five-star) during the exchange rate change in Egypt. Furthermore, this research contributes to filling a knowledge gap and offers practical implications for the hospitality industry.

DOI

10.21608/thalexu.2024.286336.1124

Keywords

Exchange Rate Change, Price Fairness, perceived value, sociodemographic Attributes: Tripographic Attributes

Authors

First Name

Mahmoud

Last Name

Abdelaziz

MiddleName

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Affiliation

Hotel Management, Faculty of Tourism and Hotels, Minia University, Minia, Egypt.

Email

mahmoud.abdel-aziz@mu.edu.eg

City

المنيا

Orcid

0009-0000-2689-4768

First Name

Ahmed

Last Name

Rady

MiddleName

-

Affiliation

Hotels Management Dep Faculty of Tourism & Hotels Minia University.

Email

ahmed.rady@mu.edu.eg

City

-

Orcid

-

First Name

Reham

Last Name

Touni

MiddleName

-

Affiliation

Hotel Management, Faculty of Tourism and Hotels, Minia University, Minia, Egypt.

Email

reham.touni@mu.edu.eg

City

-

Orcid

-

Volume

21

Article Issue

1

Related Issue

48749

Issue Date

2024-06-01

Receive Date

2024-04-30

Publish Date

2024-06-30

Page Start

161

Page End

200

Print ISSN

2314-7024

Online ISSN

2682-2180

Link

https://thalexu.journals.ekb.eg/article_363764.html

Detail API

http://journals.ekb.eg?_action=service&article_code=363764

Order

9

Type

Original Article

Type Code

931

Publication Type

Journal

Publication Title

The Scientific Journal of the Faculty of Tourism and Hotels, Alexandria University

Publication Link

https://thalexu.journals.ekb.eg/

MainTitle

Price Fairness and Perceived Value in Hotels During the Exchange Rate Change in Egypt: A Comparative Study Based on Sociodemographic and Tripographic Attributes

Details

Type

Article

Created At

24 Dec 2024