Seminar Series

2021 - 2022

Speaker: Silke Forbes (Tufts U, Boston).

Title: “Does Competition Benefit Complements?

Evidence from Airlines and Hotels”

joint with Renata Kosova (Imperial College London).

Date: Thursday, March 17th at 12h30 (Paris Time).

Abstract: We analyze how changes in the market structure of one industry – airlines – affect the performance of firms in a complementary industry – hotels – using an instrumental variables strategy to account for potential correlation between unobserved shocks to both markets. We find that more intense airline competition boosts hotel performance across all standard measures: price, occupancy rate, and revenue per available room. Spillovers vary across hotel quality and passenger type: lower quality branded hotels serving more price-sensitive travelers, most likely brought into the market as a result of airline competition, benefit the most. However, performance spillovers do not translate into higher hotel entry.

You will find the paper attached. Bio: Here is a link to the speaker’s website

https://sites.google.com/site/silkeforbes/home

You are cordially invited to participate to the seminar, which will take place in Room 327, Lascrosses building, if the sanitary situation permits it.

For those who will not be in the room, please find the zoom link below:

https://tbs-education-fr.zoom.us/j/85868074411?pwd=N2U3dUhmRFluS05mR3ZHOHRBOU9jdz09

Meeting ID: 858 6807 4411 Passcode: 295366

If the sanitary situation does not permit the seminar to take place in presence, it will take place online and you will receive a mail announcing it beforehand.

For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr