Quản trị Khách sạn: Recent submissions
Now showing items 116-120 of 144
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Experienced Buyers, Long-Term Fee Contracts, and the Value of Property Transactions in the Hotel Industry
(The Author(s), 2020)Hotel property sales have often been bundled with contracts, such as franchise agreements and management contracts. In these transactions, the seller/operator and the buyer/owner essentially entered into a long-term ... -
Toward Improving Hotel Prognostications Through the Application of Probabilistic Methodologies
(Sage, 2020)Existing and generally accepted methodologies for developing projections of future hotel performance have been recently described as “grossly inadequate” and we note they have essentially remained unchanged for decades. ... -
Turning Discounts Into Profits: Factors Influencing Online Purchasing Decisions for Hotel Add-on Items
(The Author(s), 2020)A hotel website exclusive discount is widely adopted by major chain hotels to increase the volume of direct bookings. Although the traditional purpose of a discount promotion is to attract customers to the business, this ... -
The Influence of Occupancy Change on Hotel Market Equilibrium
(The Author(s), 2020)Supply and demand imbalances in hotel markets are known to cause short-term growth or declines in rate and are largely (but inefficiently) self-correcting over the long term. However, looking at aggregated monthly supply ... -
Estimating the Foreclosure Discount in Financially Distressed Hotels
(The Author(s), 2020)This study investigates the magnitude of the distress sale and foreclosure sale discount in financially distressed hotels by determining the influence of financial distress conditions on hotel transaction prices. Using a ...