Brand diversification and hotel performance in the Texas lodging industry: the moderating effects of ownership and location

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Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/117861

Title:	Brand diversification and hotel performance in the Texas lodging industry: the moderating effects of ownership and location
Authors:	Kim, Yoo Ri;Lin, Shih-Chuan
Keywords:	Brand diversification;Hotel performance;Chain-affiliated hotel;Independent hotel;Hotel location;Agglomeration effect
Date:	2019-09-03
Issue Date:	2019-11-27 12:10:22 (UTC+8)
Abstract:	This paper aims to examine the effect of brand diversification on the performance of hotels, as well as the moderating factors determining the effect of brand diversification, i.e. hotel ownership structure and location. Using the data from the publicly traded hotels in Texas from 2010 to 2018, the empirical findings show a consistent, significant and positive impact from the degree of brand diversification on the performance of hotels. In addition, ownership structure and hotel location are found to be significant moderating factors determining the effect of brand diverisification. Specifically, chain-affiliated hotels are more likely to leverage the benefits from brand diversification, whereas hotels situated within a dense agglomeration of chain-affiliated hotels are less likely to leverage the benefits from brand diversification.
Appears in Collections:	[Graduate Institute & Department of Economics] Proceeding

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