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Article: Explaining the variations in the pedestrian flow values of shopping centres

TitleExplaining the variations in the pedestrian flow values of shopping centres
Authors
KeywordsHong kong
Management strategy
Pedestrian roads
Performance measurement
Property and facilities management
Issue Date2012
PublisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/f.htm
Citation
Facilities, 2012, v. 30 n. 3-4, p. 164-176 How to Cite?
AbstractPurpose: The purpose of this paper is to identify and analyse the crucial variables of pedestrian flow value of the shopping centres in Hong Kong. Design/methodology/approach: The study identifies the key determinants of pedestrian flow value (PFV) which is measured by net rental income per floor area per pedestrian flow. Based on the rental and pedestrian flow survey data of 146 shopping centres along the subway (Mass Transit Railway) stations in Hong Kong, the authors have estimated the marginal effects of these determinants on the PFV. The research explains different variations' impacts of pedestrian flow on the rental value of the shopping centres in Hong Kong. Findings: It is found that shopping centres owned by the same owners tend to achieve a lower PFV, which suggests that owners of multiple shopping malls may adopt a uniform pedestrian flow management strategy that may not be ideal for each individual mall. Research limitations/implications: This study focuses on the shopping centres that are located along the railway stations. Researchers are encouraged to test the shopping centres that are less affected by the railway stations. Practical implications: It is useful for shopping centre owners and operators to determine the optimal strategy for managing pedestrian flow in their shopping centres. Originality/value: The relationship between pedestrian flow and the shopping centre value is coined in the research as pedestrian flow value (PFV) which is to calculate the pedestrian flow effectiveness measured by net rental income per floor area per pedestrian flow. © Emerald Group Publishing Limited.
Persistent Identifierhttp://hdl.handle.net/10722/168784
ISSN
2015 SCImago Journal Rankings: 0.371
References

 

DC FieldValueLanguage
dc.contributor.authorLam, BYMen_US
dc.contributor.authorChau, KWen_US
dc.date.accessioned2012-10-08T03:32:24Z-
dc.date.available2012-10-08T03:32:24Z-
dc.date.issued2012en_US
dc.identifier.citationFacilities, 2012, v. 30 n. 3-4, p. 164-176en_US
dc.identifier.issn0263-2772en_US
dc.identifier.urihttp://hdl.handle.net/10722/168784-
dc.description.abstractPurpose: The purpose of this paper is to identify and analyse the crucial variables of pedestrian flow value of the shopping centres in Hong Kong. Design/methodology/approach: The study identifies the key determinants of pedestrian flow value (PFV) which is measured by net rental income per floor area per pedestrian flow. Based on the rental and pedestrian flow survey data of 146 shopping centres along the subway (Mass Transit Railway) stations in Hong Kong, the authors have estimated the marginal effects of these determinants on the PFV. The research explains different variations' impacts of pedestrian flow on the rental value of the shopping centres in Hong Kong. Findings: It is found that shopping centres owned by the same owners tend to achieve a lower PFV, which suggests that owners of multiple shopping malls may adopt a uniform pedestrian flow management strategy that may not be ideal for each individual mall. Research limitations/implications: This study focuses on the shopping centres that are located along the railway stations. Researchers are encouraged to test the shopping centres that are less affected by the railway stations. Practical implications: It is useful for shopping centre owners and operators to determine the optimal strategy for managing pedestrian flow in their shopping centres. Originality/value: The relationship between pedestrian flow and the shopping centre value is coined in the research as pedestrian flow value (PFV) which is to calculate the pedestrian flow effectiveness measured by net rental income per floor area per pedestrian flow. © Emerald Group Publishing Limited.en_US
dc.languageengen_US
dc.publisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/f.htmen_US
dc.relation.ispartofFacilitiesen_US
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectHong kongen_US
dc.subjectManagement strategyen_US
dc.subjectPedestrian roadsen_US
dc.subjectPerformance measurementen_US
dc.subjectProperty and facilities managementen_US
dc.titleExplaining the variations in the pedestrian flow values of shopping centresen_US
dc.typeArticleen_US
dc.identifier.emailChau, KW: hrrbckw@hku.hken_US
dc.identifier.authorityChau, KW=rp00993en_US
dc.description.naturepostprinten_US
dc.identifier.doi10.1108/02632771211202860en_US
dc.identifier.scopuseid_2-s2.0-84857681799en_US
dc.identifier.hkuros208044-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-84857681799&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume30en_US
dc.identifier.issue3-4en_US
dc.identifier.spage164en_US
dc.identifier.epage176en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridChau, KW=24830082500en_US
dc.identifier.scopusauthoridLam, BYM=55042510400en_US

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