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Title |
Modelling of Demand Determinants for Full-Time Bachelor’s Degree Programs in Hospitality and Catering: The Case of Ukrainian Higher Education Institutions |
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Author |
Inna Povorozniuk, Liudmyla Neshchadym, Oksana Lytvyn, Tetiana Berbets, Iryna Filimonova, Liudmyla Zotsenko, and Yevheniia Hushcha |
| Citation |
Vol. 22 No. 1 pp. 347-357 |
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Abstract |
The aim of the study is to model demand for full-time Bachelor’s Degree Programs in Hospitality and Catering, taking into account the influence of the main determinants in the COVID?19 pandemic. The research used methods of algorithms, correlation and regression analysis, ANOVA, graphical method, deduction and induction, abstraction, etc. It was found that the demand for full-time Bachelor’s Degree Programs in Hospitality and Catering is price elastic. It has been argued that it is useful to consider both price and non-price determinants when modelling demand for full-time Bachelor’s Degree Programs in Hospitality and Catering. It is proved that the main determinants of demand for full-time Bachelor’s Degree Programs in Hospitality and Catering are full-time tuition fee, maximum government order, license volume and Consolidated Ranking of a higher education institution (HEI). In this case, the applicant decides to enrol in a full-time Bachelor’s Degree Program in Hospitality and Catering, guided by the optimal ratio of tuition fee and the prestige of the HEI. |
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Keywords |
Demand, Determinant, Hospitality and Catering, Model, Price, Coefficient. |
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