615 research outputs found

    The future impact of changes in rate parity agreements on hotel chains: the long-term implications of the removal of rate parity agreements between hotels and online travel agents using closed consumer group booking models

    Get PDF
    The Office of Fair Trading, a not-for-profit and non-ministerial government department of the United Kingdom (from April 2014 incorporated within the Competition and Markets Authority), investigated the legality of rate parity from 2012, particularly rate parity agreements made between Intercontinental Hotel Group, Booking.com, and Expedia. Consequently, these major hotel brands and agents have committed to remove rate parity for closed consumer groups. This article identifies confusion over such groups and longer term implications. Smaller agents will enter the market, leading to increased fragmentation and competition. Branded hotels will face tough challenges in protecting prices and value from aggressive agents suddenly facing a more competitive market and independent hoteliers able to establish effective relationships with the new, smaller agents. Keywords : Rate parity, pricing, closed consumer groups, hotels

    Random and Correlated Phases of Primordial Gravitaional Waves

    Full text link
    The phases of primordial gravity waves is analysed in detail within a quantum mechanical context following the formalism developed by Grishchuk and Sidorov. It is found that for physically relevant wavelengths both the phase of each individual mode and the phase {\it difference} between modes are randomly distributed. The phase {\it sum} between modes with oppositely directed wave-vectors, however, is not random and takes on a definite value with no rms fluctuation. The conventional point of view that primordial gravity waves appear after inflation as a classical, random stochastic background is also addressed.Comment: 14 pages, written in REVTE

    Motivations, expectations, and experiences of expatriate academic staff on an international branch campus in China

    Get PDF
    This article explores the experiences of non-Chinese academic staff working on an international branch campus in China. The article presents findings from an interview study that explored the expectations of expatriate staff and what motivated them to want to work abroad. The second part of the article reports on whether and how these expectations and motivations were fulfilled. The findings suggest that, although staff found many benefits from working on the international branch campus, they were insufficiently prepared for the structural and cultural differences inherent in working as an academic in China. The authors argue that more of the academics’ initial expectations and motivations could have been realized if better staff induction and ongoing collective professional development had been in place. In particular, university-level discourse communicated through policy and marketing texts, which promoted the vision of one inclusive and diverse international university community, militated against attention being paid to the structural, political, and cultural differences inherent in working as an academic in China. The authors argue that professional development that acknowledges the differences, difficulties, and disjunctions that staff are likely to encounter in their work is important in building successful international branch campuses both at the level of the organization and of the individual
    • …
    corecore