Why is a five star hotel not always the best?

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POTENTIAL RESOURCES FOR RESEARCH:

DATABASES: Student Resources in Context Proquest

WEBSITES: National Retail Federation Hotels.com Travel.usnews.com

KEY ECONOMIC PRINCIPLES I’M ADDRESSING: Because of scarcity, people choose. All choices have an opportunity cost. (2) People respond to incentives in predictable ways?

 OVERALL RESEARCH QUESTION: What design choices do hotels (or inns) in the Chicagoland area make in order to incentive the most guests?


 SUB QUESTIONS 

•  How can hotels get more rooms filled? 
•  Should a city or town sell themselves as a, “tourism place?” And how would this affect a hotel’s success? 
• What are the different types of hotels Does the size of the hotel play a factor into whether or not a person is going to stay there? 
•  Why are some hotels more expensive, on average, than others? Does not having certain things in the hotel room deter potential customers? 
•  What do hotels do in the off season in order to stay in business? 
•  Can having too many places to stay be just as stressful as not having enough places to stay for the consumer? 
•  Is being the lowest priced hotel in an area a good thing or a bad thing from a consumer’s perspective? 
•  What design choices did some hotels attempt that ended in failure? 
•  What design choices did some hotels attempt that ended in success? 
•  What are some of the things that Hotel Designers have in mind when they are planning the layout of a hotel?