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The purpose of this empirical study is to examine the corporate effects in the lodging industry from a hotel owner?s perspective.Linking the concepts of corporate strategy and core competence, eight corporate strategies are proposed relating to hotel property financial performance and contributing to hotel owner?s core competence.Based on a three-year sample provided by Smith Travel Research,four hypotheses are tested with regard to the effects of hotel owner?s corporate strategies and core competencies.The findings strongly support the existence of corporate effects and the influences of corporate strategies on hotel financial performance. Based on the relative importance of the eight strategies, a hotel owner?s expertise in implementing superior strategies regarding segment, brand, operator, location (i.e., MSA), brand diversification, and location specialization are identified as the core competencies of the best-performing owners.The results reveal that a hotel owner?s core competencies may influence its hotels differently.This study also suggests that the collective influence of multiple corporate strategies may have a strong impact on a hotel?s financial performance.
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- PublisherLAP Lambert Academic Publishing
- Publication date2010
- ISBN 10 3838336925
- ISBN 13 9783838336923
- BindingPaperback
- Number of pages152
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Performance of Hotel Management: Collaboration
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Performance of Hotel Management
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Performance of Hotel Management
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Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The purpose of this empirical study is to examine the corporate effects in the lodging industry from a hotel owner s perspective.Linking the concepts of corporate strategy and core competence, eight corporate strategies are proposed relating to hotel property financial performance and contributing to hotel owner s core competence.Based on a three-year sample provided by Smith Travel Research,four hypotheses are tested with regard to the effects of hotel owner s corporate strategies and core competencies.The findings strongly support the existence of corporate effects and the influences of corporate strategies on hotel financial performance. Based on the relative importance of the eight strategies, a hotel owner s expertise in implementing superior strategies regarding segment, brand, operator, location (i.e., MSA), brand diversification, and location specialization are identified as the core competencies of the best-performing owners.The results reveal that a hotel owner s core competencies may influence its hotels differently.This study also suggests that the collective influence of multiple corporate strategies may have a strong impact on a hotel s financial performance. 152 pp. Englisch. Seller Inventory # 9783838336923
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Performance of Hotel Management Collaboration
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Performance of Hotel Management : Collaboration
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Book Description Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The purpose of this empirical study is to examine the corporate effects in the lodging industry from a hotel owner s perspective.Linking the concepts of corporate strategy and core competence, eight corporate strategies are proposed relating to hotel property financial performance and contributing to hotel owner s core competence.Based on a three-year sample provided by Smith Travel Research,four hypotheses are tested with regard to the effects of hotel owner s corporate strategies and core competencies.The findings strongly support the existence of corporate effects and the influences of corporate strategies on hotel financial performance. Based on the relative importance of the eight strategies, a hotel owner s expertise in implementing superior strategies regarding segment, brand, operator, location (i.e., MSA), brand diversification, and location specialization are identified as the core competencies of the best-performing owners.The results reveal that a hotel owner s core competencies may influence its hotels differently.This study also suggests that the collective influence of multiple corporate strategies may have a strong impact on a hotel s financial performance. Seller Inventory # 9783838336923
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Performance of Hotel Management Collaboration
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Performance of Hotel Management
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Book Description Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The purpose of this empirical study is to examine the corporate effects in the lodging industry from a hotel owner s perspective.Linking the concepts of corporate strategy and core competence, eight corporate strategies are proposed relating to hotel proper. Seller Inventory # 5414245
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