Heterogeneous effects of hotel ownership structure changes on localized market competition using multilevel mixed-effect analyses

淡江大學機構典藏 > 商管學院 > 經濟學系暨研究所 > 期刊論文 > Item 987654321/119689

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题名:	Heterogeneous effects of hotel ownership structure changes on localized market competition using multilevel mixed-effect analyses
作者:	Shih-Chuan Lin;Yoo Ri Kim
关键词:	Competition;Hotel;Market dynamics;Multilevel mixed-effect model;Ownership structure change
日期:	2021-06
上传时间:	2020-12-08 12:10:23 (UTC+8)
出版者:	Wiley
摘要:	Ownership structure, a source of firm heterogeneity, can change competitive environments and market structures; the impact on the hospitality industry is unknown. This study investigates the impact of hotel ownership structure changes on the magnitude of localized competition of different quality segment hotels. Two-level mixed-effect analyses reveal that hotel ownership structure change from chain-affiliated to independent increases the number of neighboring economy hotels, while the change from independent to chain-affiliated increases the number of neighboring upper-upscale hotels. Ownership structure changes in the same market can be a key driver of market dynamics, suggesting that hotels should co-locate with caution.
關聯:	Managerial and Decision Economics v.42 n.4, p.808-820
DOI:	10.1002/mde.3274
显示于类别:	[經濟學系暨研究所] 期刊論文

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