Resource sharing with local partners: How do hotels benefit?
No Thumbnail Available
Date
2024
Journal Title
Journal ISSN
Volume Title
Publisher
Elservier
Abstract
In tourism, resource sharing with local partners is becoming increasingly important as cooperative efforts are
seen as specific modes for hotels to reduce shortages of information, technology, or market-related processes.
Locally interconnected hotels are expected to share tangible and intangible resources across their horizontal and
vertical boundaries, complementing traditional competitive strategies to achieve cooperative benefits and firm
performance. We developed a conceptual framework relating resource sharing to benefits and firm performance.
Our results reveal that various facets of resource sharing provide certain benefits with varying strengths for
hotels. Vertical tangible resource sharing offers the most pronounced potential for benefits but can negatively
affect financial performance. While some scholars assert that cooperation helps firms with limited resource
endowments, we argue that hotels must be sufficiently strong to cope with cooperation challenges effectively.
Our results support both perspectives. Within the hospitality context, some resource sharing mechanisms
generate more benefits for large and high-star hotels, while others do so for small and low-star ones.
Description
International Journal of Hospitality Management 118 (2024) 103648
Keywords
Resource-based view,Resource sharing,Interorganizational cooperation,Tourism,Hospitality industry