As far as investing is concerned, a bed and breakfast-deal is a practice in the United Kingdom where the holder of a security sells it at the end of the day on the last day of the financial year and buys it back the next morning. The purpose of a bed and breakfast-deal is for the trader to take advantage of the tax savings generated by the sale of security at the end of the fiscal year. There is an opportunity for UK traders to effectively replicate a bed and breakfast-deal with a bit of foresight using a Contract for Differences (CFD). A differential contract allows traders to trade the price of assets, including stock indices, listed funds (ETFs) and commodity futures, without having to own the asset. While the Hedonian pricing model has been used to assess willingness to pay in a large number of markets, its use in the tourism sector is limited. This research note highlights the usefulness of hedonic price technology in this sector by assessing the availability to pay for certain features of guesthouses. The heterogeneity of the price and amenities offered by the guest rooms allows us to generate estimates of the willingness to pay for certain properties. Thanks to the price data and amenities of the guest rooms, the results show the willingness to pay for certain features such as sunny balconies, a 5-star champagne breakfast and a room with ancient treasures… The study included, among other things, special rooms. At least 75 percent of those that include online ratings for almost all companies in the in-der category in the study, said that amateur field reports have significantly influenced their decision. 87% of people who learn about hotels said that ratings played an important role in their choice. Traders make bed and breakfast deals to obtain a portfolio of assets while minimizing capital gains taxes in the UK.
Traders will close their positions at the end of the year and immediately reopen them on the first day of the new fiscal year to benefit from the annual tax exemption. Since this practice deliberately attempts to limit capital gains taxes, tax authorities have worked hard to minimize the emergence of bed and breakfast agreements. With the 30-day rule in 1998, they finally virtually banned the practice. If a provision of this agreement were to be declared unenforceable by a competent court, the other provisions will nevertheless remain fully in force. The clientele tends to be couples, most of them rich and well trained. Most are tourists or people who are in town to visit the family or celebrate a special occasion. The guest rooms are popular with many foreign travellers, including the UK, Germany, Canada, France and Australia, who grew up to go B and B in their own countries. Many pensions are affiliated with professional associations. There are international, national, regional and local associations that provide all services to their members and the travelling public.