Table 1 Descriptive Statistics.
Variable | Definition | Mean | S.D. |
|---|---|---|---|
Lodging price | Average lodging price of hotel rooms in the month. (Unit: N. T. Dollars) | 3527.393 | 2520.046 |
Room | The number of hotel rooms in the month. | 623.618 | 1899.596 |
Labor_M | The number of employees in the managerial department in the month. | 34 | 36.830 |
Labor_R | The number of employees in the hotel room department in the month. | 59 | 44.620 |
The average lodging price in each area. (Unit: N. T. Dollars) | |||
Area | Non-COVID-19 | COVID-19 | Growth Rate (%) |
Taipei | 3817.302 | 3288.197 | −13.86 |
Taoyuan | 2817.196 | 2797.962 | −0.68 |
Taichung | 2489.356 | 2336.587 | −6.14 |
Tainan | 3120.253 | 3127.372 | 0.23 |
Kaohsiung | 2726.202 | 2518.597 | −7.62 |
East | 3202.932 | 3423.073 | 6.87 |
Scenic area | 5685.973 | 5513.430 | −3.03 |
