Purpose: This study aims to examine previously identified hotel automated valuation models (AVMs) using a more extensive and updated sample of hotel sale transaction data, introduce economic conditions as a new determinant for hotel market value and test the moderating role of economic conditions...

Purpose - This study sets out to examine the potential curvilinear relationship between capital intensity and firm value for the US hospitality industry, specifically including publicly traded US hotels and restaurants, during the period 1990-2008. Design/methodology/approach - This study performs...

Purpose: The link between corporate social responsibility (CSR) and corporate firm performance (CFP) has been extensively studied, but a significant research gap remains when considering potential mediating factors that can provide a more comprehensive and complete picture of the CSR-CFP link....

This study takes Chinese hotels as example, explores the driving forces and objectives underlying the cross-border acquisitions (CBAs) of hotel corporations based in emerging economies (EEs) from three perspectives: the institutional conditions of EEs; the characteristics of the hotel industry; and ...

In accordance with the economic influences of an increase in minimum wage on labor markets, this study examines the effects of the federal-level minimum wage increase on U.S. hotel properties employing a difference-in-differences (DID) estimation method. The researchers compared NYC which witnessed ...

As internationalization has been widely implemented throughout the tourism industry, it is important to understand what motivates a firm to internationalize its business. Thus, this study examines the motivation for internationalization based on the neoinstitutional theory. This study employs a...

Motivating employees to engage in pro-environmental behaviours is an essential topic in the tourism and hotel fields. This paper advances this research direction by integrating the mechanisms of cognition and incentives from the externalities/spillovers perspective. This paper argues that we can...

This study aims to evaluate the current status of merger and acquisition (M&A) studies in the hotel industry and propose directions for future research. Forty-six articles were identified from ScienceDirect, Scopus, and EBSCO host including 31 empirical and 15 conceptual articles. We review these...

While short-term rentals such as Airbnb have experienced very rapid growth in recent years, many local governments have been introducing intensive limits, restricting its operations. For example, in 2016, New York State prohibited listing an advertisement for illegal short-term rentals, which has...

Employees' engagement in pro-environmental behaviors (PEBs) is crucial for greening hotels and improving hotel performance. This paper argues that we can explore employees' PEB motivations from a positive externality/spillover perspective because such voluntary behaviors benefit actors other than...