Challenge or chance? Understanding the impact of anti-corruption campaign on China’s hotel industry

2021 ◽  
pp. 135481662110015
Author(s):  
Yang Yang ◽  
Caiping Wang ◽  
Honggang Xu
Keyword(s):  
Hotel Industry ◽  
Class Level ◽  
Administrative Position ◽  
Food And Beverage ◽  
Negative Effect ◽  
Local Residents ◽  
Provincial Capital ◽  
Hotel Sector ◽  
The Impact ◽  
Practical Implications

Anti-corruption has garnered increasing attention, especially in China, where President Xi launched an influential and far-reaching anti-corruption campaign in late 2012. A better understanding of the effects of anti-corruption efforts on the hotel sector can reveal insights into the development of the Chinese hotel industry. Based on the quarterly data on China’s hotel industry in 49 cities from quarter 2 of 2010 to quarter 4 of 2015, this study investigates how the anti-corruption campaign (measured by anti-corruption inspections and the number of corruption lawsuits) has influenced hotel industry demand in China. Hypotheses are developed from China’s unique cultural environment of guanxi combined with rent-seeking theory and the crowding-out principle. Empirical results confirm a significant and negative effect of the anti-corruption campaign on hotel lodging and food and beverage demand. Several factors, including a city’s administrative position as a provincial capital, hotel class, level of tourism dependence, and local residents’ entertainment expenditure, are found to moderate the effect of the anti-corruption campaign on hotels’ lodging demand significantly. Theoretical and practical implications are discussed in light of these findings.

An Analysis of The Impact of Short-Term Vacation Rentals on the Hotel Industry

2021 ◽  
pp. 109634802110191
Author(s):  
Jungtae Soh ◽  
Kwanglim Seo
Keyword(s):  
Economic Effect ◽  
Hotel Industry ◽  
Price Difference ◽  
Multiple Sources ◽  
Short Term ◽  
Hotel Performance ◽  
Negative Effect ◽  
Research Gap ◽  
The Impact ◽  
Scholarly Attention

Much scholarly attention has been paid to Airbnb’s influence on the hotel industry. However, extant studies have limitations because they consider only Airbnb while overlooking various other short-term vacation rental players that can also affect performance of hotels. To address this research gap, this study aims to provide a broader understanding of the impacts of short-term vacation rentals by analyzing data obtained from various vacation rental platforms. This study shows that while increase in short-term vacation rentals has an overall negative effect on hotel performance, the economic effect is more significant in the low-end market than in the high-end market. Our findings further reveal that the negative effect is reduced when there is a large price difference between short-term vacation rentals and hotels. By comprehensively examining multiple sources of data on hotels and vacation rentals, this study brings alternative perspectives to the attention of researchers for further investigation of vacation rentals.

Does hotel class moderate the impact of crime on operating performance?

2020 ◽  
pp. 135481662094904
Author(s):  
Yang Yang ◽  
Nan Hua
Keyword(s):  
Operating Performance ◽  
Routine Activities ◽  
Econometric Models ◽  
Routine Activities Theory ◽  
Luxury Hotels ◽  
Level Data ◽  
Local Residents ◽  
The Impact ◽  
Practical Implications ◽  
Theory Framework

Hotel guests are more likely to be targeted by criminals than local residents, and the hotel business is particularly vulnerable to various crimes. This study investigates whether guests prefer to stay at luxury hotels when in insecure neighborhoods to reduce the risk of victimization. Using monthly property-level data from 352 hotels between 2010 and 2014 in Houston, Texas, we estimate a series of econometric models to investigate the impact of crime. Results suggest that hotel class moderates the effect of crime on lodging performance, and high-end hotels are less influenced by crime incidents. For luxury hotels, this effect is further moderated by the lodging market structure of vicinity such that the effect is smaller for luxury hotels in a more concentrated market. Lastly, this study carefully addresses theoretical implications that confirm the routine activities theory framework as well as practical implications that suggest measures and strategies handling various impacts related to crime and hotel class studied herein.

scholarly journals Impact of Leadership on the Relationship Between Innovation and Performance

2021 ◽  
Vol 5 (2) ◽  
pp. 29-49
Author(s):  
Cláudia Ferreira Leitão ◽  
Jorge Gomes ◽  
Denise Capela dos Santos ◽  
Bruno Melo Maia
Keyword(s):  
Middle Managers ◽  
Hotel Industry ◽  
Moderating Effect ◽  
Superior Performance ◽  
Organizational Success ◽  
Positive Correlation ◽  
Hotel Sector ◽  
And Performance ◽  
The Impact ◽  
The Relationship

Leadership, innovation, and performance are essential factors to achieve the desired sustainable profitability of companies. The relationship between these variables is one of the keys to the organizational success, although their study has proved to be complex. The purpose of this article is to analyse the impact of leadership on the relationship between innovation and performance in the Portuguese hotel sector. To answer to this challenge, a survey was carried out to top and middle managers of four-star and five-star hotel units. The existence of a positive correlation between innovation and performance was found; however, leadership has not been shown to have a moderating effect on the relationship. The work highlights several important contributions to the hotel industry and identifies aspects that, when well implemented and developed, can lead to superior performance in organizations.

The Employment Impact of Casino Gambling in the U.S.

2013 ◽  
pp. 2-17
Author(s):  
Gary Anders
Keyword(s):  
Development Strategy ◽  
State Level ◽  
Professional Services ◽  
Casino Gambling ◽  
The Arts ◽  
Employment Impact ◽  
Level Data ◽  
Food And Beverage ◽  
Negative Effect ◽  
The Impact

Casino gambling has become a popular economic development strategy. This chapter examines the impact of casinos on employment as determined by an econometric analysis of state-level data for eight industries. The results suggest that the opening of casinos leads to employment increases in the arts and entertainment, accommodations, and food and beverage industries. At the same time, it leads to decreases in employment in management and professional services, technology, and manufacturing. Also evident is the impact of demographic changes and computer technology. These findings suggest that the expansion of commercial gaming has a positive effect on regional employment in some sectors while having a negative effect in other sectors, especially in those states with competing gambling venues.

scholarly journals Does capital structure affect firm value in Vietnam?

2021 ◽  
Vol 18 (1) ◽  
pp. 33-41
Author(s):  
Tien Dat Dang ◽  
Thi Van Trang Do
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Positive Impact ◽  
Stock Exchanges ◽  
Enterprise Value ◽  
Control Factors ◽  
Beverage Industry ◽  
Food And Beverage ◽  
Negative Effect ◽  
The Impact

This study aims to examine whether the capital structure and several factors have significant influences on firm value in Vietnam. To achieve this objective, 435 non-financial listed companies have been selected from 2012 to 2019 on Vietnamese stock exchanges. Four groups of firms continue to be chosen from the total to investigate the differences in the outcomes among industries. The results altogether using the GMM method show that the impact of capital structure and other control variables on firm value is significant, yet different across industries: capital structure has a significant positive impact on firm value in the food and beverage industry, but has a significant negative effect on the value of the firm in wholesale trade and construction, as well as real estate industry, while has an insignificant influence on enterprise value considering all industries. Apart from the firm size, the impact of other control factors on firm value also indicates mixed results.

Empowering employees: job standardization and innovative behavior

2014 ◽  
Vol 26 (7) ◽  
pp. 1100-1117 ◽  
Author(s):  
Hsiang-Fei Luoh ◽  
Sheng-Hshiung Tsaur ◽  
Ya-Yun Tang
Keyword(s):  
Psychological Empowerment ◽  
Hierarchical Regression ◽  
Hotel Management ◽  
Innovative Behavior ◽  
Moderating Effects ◽  
Content Type ◽  
Negative Effect ◽  
The Impact ◽  
The Relationship ◽  
Practical Implications

Purpose – This study aims to explore the relationship between job standardization and employee innovative behavior, as well as the mediating and moderating effects of employee psychological empowerment. Little research has been focused on the conflicting concepts of job standardization and employee innovative behavior. Design/methodology/approach – Respondents chosen from frontline services in tourist hotels in Taiwan were used to examine the mediating and moderating roles of psychological empowerment on the established relationships between job standardization and employee innovative behavior. The results were analyzed using hierarchical regression models. Findings – The results show that job standardization had a negative effect on employee innovative behavior. In addition, employee psychological empowerment mediated the effect of job standardization on innovative behavior. Subsequently, employee psychological empowerment played a buffering role and moderated the job standardization–innovative behavior relationship. Practical implications – Hotel management needs to use both training and work process review to help employees innovate while still understanding the meaning of their work, enhancing self-efficacy, self-determination and the impact of decision-making. Originality/value – This study gives both theoretical and empirical evidence to clarify the effect of psychological empowerment on the importance of job standardization and innovative behavior in organizations. This is the only study that has investigated this topic in the hospitality field and therefore makes significant strides in understanding the impact of psychological empowerment on hotel employees’ innovative behavior.

The influence of gender stereotyping and issue advocacy on consumer sentiment

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nina Sissel Lucka ◽  
Fabio Caldieraro ◽  
Marco Tulio Zanini
Keyword(s):  
Design Methodology ◽  
Gender Stereotyping ◽  
Behavioral Experiment ◽  
Consumer Sentiment ◽  
Content Type ◽  
Desirable Outcome ◽  
Negative Effect ◽  
Issue Advocacy ◽  
The Impact ◽  
Practical Implications

PurposeThis study explores the effect of gender stereotyping and issue advocacy on consumer sentiment toward advertising and brands.Design/methodology/approachDrawing from the literature, the study hypothesizes about the impact of gender stereotyping and consumer advocacy on consumer sentiment. A behavioral experiment tests the hypotheses and provides support for the main conclusions.FindingsResults indicate that issue advocacy can cancel the negative effect of traditional female stereotyping. The results also show that demographics are not necessarily the reason why a person favors or condemns stereotyping and advertising; on the contrary, any reaction is far more linked to personal disposition.Practical implicationsThe findings of this research have implications for marketing and advertising practice. While the use of issue advocacy is currently trending up, there is still a lack of understanding about its effect on consumers. Gender stereotyping is also being frequently used, but has caused huge backlashes in recent ad campaigns. Marketing and advertising managers can use insights from this research to shape advertising messages that use these two stimuli in order to enable a brand to better connect with its audience and achieve a more desirable outcome.Originality/valueThe paper contributes to the academic discussion about the effectiveness of using gender stereotyping and issue advocacy to drive advertising outcomes. It challenges the idea that the combination of these two advertising approaches is either detrimental or beneficial to the brand.

Antecedents and outcome of employee change fatigue and change cynicism

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noufou Ouedraogo ◽  
Mohammed Laid Ouakouak
Keyword(s):  
Structural Equation Modelling ◽  
Structural Equation ◽  
Design Methodology ◽  
Research Model ◽  
Change Initiatives ◽  
Content Type ◽  
Equation Modelling ◽  
Negative Effect ◽  
The Impact ◽  
Practical Implications

PurposeOrganisations implement changes either to address real business imperatives or to follow trends in their industries. But frequent changes in an organisation often lead to employee change fatigue and change cynicism. The purpose of this study is to investigate the impact of the change logic of appropriateness and the logic of consequences on change fatigue and change cynicism and the impact of change fatigue and change cynicism on change success.Design/methodology/approachTo carry out this study, the authors collected data on a sample of 320 participants from diverse organisations, and they used structural equation modelling (SEM) techniques to test our hypotheses depicted in the research model.FindingsThe authors found that the change logic of consequences reduces both change fatigue and change cynicism, whereas the change logic of appropriateness increases change fatigue. The authors also found that change fatigue does not have any direct effect on change success, although it maintains an indirect negative effect on change success through change cynicism.Practical implicationsAlong with other practical implications, the authors recommend that change managers help employees understand any logic of consequences that sustain their change initiatives. Additionally, change managers should work to prevent change fatigue from turning into change cynicism, which is the real precursor of reduced change success.Originality/valueThis study is among the first to show that employees experience change fatigue and change cynicism differently, depending on the reason underlying the change. It is also among the first to show that change fatigue does not affect change success directly but does so through the interplay of change cynicism.

Ethical leadership, emotional leadership, and quitting intentions in public organizations

2020 ◽  
Vol 41 (2) ◽  
pp. 257-279 ◽  
Author(s):  
Mohammed Laid Ouakouak ◽  
Michel Georges Zaitouni ◽  
Bindu Arya
Keyword(s):  
Job Performance ◽  
Structural Equation ◽  
Positive Impact ◽  
Employee Motivation ◽  
Individual Performance ◽  
Equation Modeling ◽  
Content Type ◽  
Negative Effect ◽  
The Impact ◽  
Practical Implications

PurposeMotivation constitutes a central topic for business management, because of its critical impact on job performance. Therefore, understanding whether and how the style of leadership adopted by leaders in organizations promotes and maintains employee motivation is of great interest to both scholars and practitioners. Drawing on self-determination theory, this study investigates how ethical and emotional styles of leadership influence employee motivation and thus job performance.Design/methodology/approachAn empirical study was conducted in the public sector in Kuwait. About 607 employees participated in this study. Structural equation modeling techniques were used for testing the causal relationships between constructs.FindingsResults of our study indicate that both ethical and emotional leaderships enhance employee motivation. Furthermore, employee motivation has a positive impact on job performance. The results also show that job performance exerts a negative effect on quitting intentions. Finally, interest in the private sector moderates the job performance–quitting intentions relationship.Practical implicationsThese findings provide theoretical contributions to the extant literature, as well as important practical implications for managers.Originality/valueThis study demonstrates the role of both ethical and emotional leaderships in shaping employee behaviors. To the best of our knowledge, this research is among the few that provides initial evidence regarding quitting intentions as an outcome of the impact of ethical and emotional leaderships on employee motivation and individual performance in Kuwait.

scholarly journals Risk and Real Estate Ownership: Empirical Evidence of Hotels in Singapore

1970 ◽  
Vol 2 ◽  
pp. 193-200
Author(s):  
Fawzla Farzana ◽  
Md Ghulam Murtaza
Keyword(s):  
Real Estate ◽  
Systematic Risk ◽  
Least Square ◽  
Real Property ◽  
The Real Estate ◽  
Corporate Real Estate ◽  
Negative Effect ◽  
Hotel Sector ◽  
The Impact ◽  
Estate Ownership

This paper examined the impact of real property ownership on the systematic risk of hotel companies in Singapore. This issue is interesting because few studies have been carried out on this topic. The hypothesis is that the real estate ownership would impose negative effect on the systematic risk of company in hotel sector because corporate real estate is commonly considered as an instrument for diversification in a mixed portfolio. To examine the effect, two-stage least-square regression was applied. The data was collected from published sources and other data streams. The results indicate that real estate ownership has impact on the systematic risk of companies. The implication is that the different strategies of companies may result in the different directions of impacts.DOI: http://dx.doi.org/10.3329/jbip.v2i0.9579  Journal of Bangladesh Institute of Planners Vol. 2, December 2009, pp. 193-200

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