A study note on knowledge-uncertainty-based
learning regarding hospitality management
Issues and related key words in Hospitality Management
research: a sample of academic articles, sorted in chronological order
Years
of publication
|
Issues
and knowledge gaps as recognized in hospitality management academic articles
|
Key
words involved
|
Article 1
2002
|
“Research
on bankruptcy has shown that not all firms collapse in an unforeseeable manner.
Factors that trigger the bankruptcy of a business rarely erupt overnight. Troublesome
signs of a company heading for business distress may occur much earlier than
the time of ultimate failure. Therefore, warning signals, if any, may be used
to predict bankruptcy before it actually occurs. Van Horne (1998) points out that
financial ratio analysis is a popular technique for predicting firm
bankruptcy. In most cases, the probability of bankruptcy is implied in a
firm’s financial statements and can be estimated through financial ratio
analysis. The high risk of bankruptcy has been a challenge to the US
restaurant industry for years. However, despite the fact that thousands of
restaurants go bankrupt year after year, especially during economic
downturns, research studies in restaurant bankruptcy prediction are few.
Notably, while numerous studies have developed quantitative models for
predicting bankruptcy in other industries, especially manufacturing
industries, not many models have been developed for analyzing and predicting
bankruptcy in the restaurant industry”;
Zheng Gu. “Analyzing bankruptcy in the
restaurant industry: A multiple discriminant model” Hospitality Management 21
(2002) 25–42.
|
Bankruptcy
|
Article 2
2002
|
“The
study of consumer behaviour potentially deals with all of the ways people may
act in their role as consumers (Schiffman and Kanuk, 1991), but in practice
tends to focus upon behaviours related to searching, buying and using
products and services. Consumers may be treated as groups, typically market
segments, identified by geodemographic characteristics and assumed to have
common attitudes and behaviour. Alternatively individual, subjective
perspectives may provide an insight into behaviour patterns. Food service
marketing (and hence consumer behaviour) is often subsumed into that of
generalised ‘‘hospitality’’ (e.g. Wearne and Morrison, 1996) and in some
texts is amalgamated with a still more amorphous ‘‘tourism’’ (e.g. Kotler and
Bowen, 1996). Both of these groupings tend to favour the hotel industry.
There are no books dedicated to consumer research in the foodservice
industry. Yet food service is an important industry in its own right, not
least in terms of financial turnover, and although it contributes in part to
both hotels and tourism, it has its own separate
characteristics. Restaurants (including
those in chains and those that are part of hotels), take-aways, and even
contract catering, are more volatile, changeable and fashion-prone than
hotels or tourist attractions”;
Nick Johnsa,*, Ray Pine. “Consumer
behaviour in the food service industry: a review” Hospitality Management 21
(2002) 119–134.
|
Consumer behavior
|
Article 3
2004
|
“Ahmed
and Chon (1994) noted that most United States tourism agencies hosting Korean
clientele have made few Korean- focused adaptations for these travelers. Although
a Korean traveler occasionally finds someone who speaks his or her language
at one hotel or another, outside of big cities, Koreans may have difficulty communicating
(Ahmed and Chon, 1994). This may lead to poor service, inaccurate requests,
and errors in services delivered. These travelers may end up with negative reminiscences
of the United States and their trips here, all creating frustrated guests who
may not return. From a similar point of view, Japanese and other travelers
wish to feel appreciated by someone who understands their culture and is
sensitive to their needs and expectations (Teare, 1992). Tourism providers
must be able to accommodate culturally based needs in order to tap into the
increasingly lucrative market of international travelers (Jafari and Way,
1994). Jafari and Way (1994) suggest that there is a gap in the tourism industry’s
approach to serving the international traveler. However, no research has
directly assessed customer satisfaction with hotel efforts at accommodating
the international traveller”;
Jin Kyeong Heo, Giri Jogaratnam*, Polly
Buchanan. “Customer-focused adaptation in NewYork City hotels: exploring the
perceptions of Japanese and Korean travellers” Hospitality Management 23
(2004) 39–53.
|
International travelers
|
Article 4
2004
|
“Since
no one distribution channel is likely to dominate in the near future, hotels need
to use a portfolio of channels to reach the marketplace (Middleton and
Clarke, 2001). However, not all channels are equal and thus companies must
carefully weigh their decisions in light of their organisational goals and
performance standards (Crichton and Edgar, 1995). Some authors
claim that selecting ‘‘an appropriate distribution channel is paramount to
success and important if hotel firms are to grow top line revenues and
control overhead, yet the number of choices facing hospitality executives is
overwhelming’’ (Connolly and Olsen, 2000). Which channel (or combination of
channels) should a hotel be using? Both the ever-increasing complexity of the
distribution network and the rapid pace of change make this a difficult
question to answer. Yet increased competition, scarcity of capital and rising
distribution costs make management of electronic distribution channels
essential. The question arises, therefore, of how to evaluate a hotel
electronic channel of Distribution”;
Peter O’Connora,*, Andrew J. Frew. “An
evaluation methodology for hotel electronic channels of distribution” Hospitality
Management 23 (2004) 179–199.
|
Distribution channel
|
Article 5
2005
|
“During
the last decade, the term ‘‘market orientation’’ has received much attention in
the marketing and strategic management literature (Day and Wensley, 1988; Greenley,
1995; Jaworski and Kohli, 1993; Kumar et al., 1998; Narver and Slater, 1990; Ruekert,
1992; Wong and Saunders, 1993). It has often been assumed that market
orientation is positively related to business performance. Despite the importance
of market orientation to business success, systematic inquiries to gain a deeper
understanding of the construct have only recently begun, following the pioneering
work of Kohli and Jaworski (1990) and Narver and Slater (1990). Subsequently,
a number of empirical studies have attempted to assess the association of
market orientation with profitability (e.g., Bhuian, 1997; Greenley, 1995; Raju
et al., 1995; Ruekert, 1992), market share (e.g., Deshpande et al., 1993; Pelham
and Wilson, 1996), new product success (e.g., Appiah-Adu, 1997; Atuahene-Gima,
1995), and customer satisfaction (e.g., Gray et al., 1998). What is
noteworthy is that although research on market orientation is abundant, most
of the past studies mainly focused on manufacturing sectors”;
Leo Y.M. Sina,_,
Alan C.B. Tsea, Vincent C.S. Heungb, Frederick H.K. Yim. “An analysis of the
relationship between market orientation and business performance in the hotel
industry” Hospitality Management 24 (2005) 555–577.
|
Market orientation
|
Article 6
2005
|
“The ability of a firm to find or create a
position in a market is at the core of strategy development. It is widely
believed that differentiation allows a firm to fully exploit its competitive
advantage, and hence to achieve a high level of return. But how different
should the strategies of a firm be if the firm wants to outperform its competitors?
Are the findings in mainstream strategy studies relevant to the hospitality
industry? Hoskisson et al. (1999) found that there is a movement from
industry-level to firm level studies in strategy research. Porter’s
structural analysis, based on industrial organization (IO) economics,
asserted that the ability of a firm to gain competitive advantage depends
mainly on how well it positions and differentiates itself in an industry (Porter,
1980). The mobility barriers in the industry are crucial factors that delineate
the differences among firms and account for their differences in performance
(Caves and Porter, 1977). More recently, differentiation in some attributes
among firms has been suggested to be the crucial factor that accounts for intra-industry
variations in firm performance (Rumelt, 1991). For example, firm heterogeneity
in conduct has been emphasized (Hatten and Schendel, 1977)”;
Ping-Kwong Yeunga, Chung-Ming Lau. “Competitive
actions and firm performance of hotels in Hong Kong” Hospitality Management
24 (2005) 611–633.
|
Differentiation
|
Article 7
2009
|
“Franchising
is a major expansion strategy for hospitality firms, especially hotels and
restaurants. With its advantage of lower monitoring costs in managing
geographically dispersed units, franchising has frequently been selected as a
strategy to expand chains (Norton, 1988; Roh and Kwag, 1997). In the global
market, franchising adds value by enhancing the understandings of local culture,
customs, and values (Contractor and Kundu, 1998). When considering
franchising as one of two main types of operations (i.e., owning and
franchising) in the restaurant industry, a mix of owning and franchising can
allow a restaurant firm to diversify. According to the diversification
theory, as a firm becomes well-diversified, the firm’s risk will decrease.
This will in turn lead to a reduction in the cost of capital, and
subsequently give a boost to the firm’s value. Also, restaurant firms that
are well-diversified in terms of franchising and owning may have a greater
ability to manage and increase their income levels in a more stable manner, by
taking advantage of both operation types: owning and franchising. The owning
mode maximizes the restaurant company’s profit, especially when the economy
is booming, whereas the franchising mode provides stable franchise revenue
through royalties and other fees received by its franchisees on a regular basis
for the long contract period, usually 15–20 years (Andrew et al., 2007;
Morrison and Macmillan, 2000). Results of franchising– owning diversification
and its consequent financial performance may help restaurant executive
officers and financial managers to make sound strategic decisions on firm
expansion and resource allocation for value maximization. Restaurant industry
financial analysts and investors can also benefit from the findings, but
whether or not the explanations regarding the financial rewards of
diversification hold in the restaurant industry is an empirical question.
Moreover, the particular types of relationships that exist between the degree
of franchising that is employed as a part of a diversification strategy and
the firm’s financial performance deserves extra attention”;
Yoon Koh a,1, Seoki Lee a,*, Soyoung Boo. “Does
franchising help restaurant firm value?” International Journal of Hospitality
Management 28 (2009) 289–296.
|
Franchising
|
Article 8
2009
|
“Exactly
how the restaurant industry provides high quality lodging and food experiences
has attracted the attention of scholars and practitioners (Davis and
Vollmann, 1990; Dube´ et al., 1994; Jensen and Hansen, 2007). Once consumers
are satisfied with a service and its associated products, they become more
likely to re-purchase or shop, which then increases company profits (Gupta et
al., 2007; Heskett et al., 2004). Scholars have explored many different
perspectives of how customer satisfaction is achieved by meeting customer
needs. For instance, Sulek and Hensley (2004), in a survey of 239 service
staff in a full-service restaurant in the southeastern United States, found
that food quality, restaurant atmosphere and fairness and efficiency of seating
procedures significantly influence customer satisfaction. Additionally,
service quality, personnel response, food price and convenience directly
influence customer satisfaction with their meal experience (Dube´ et al.,
1994; Robson, 1999; Sulek and Hensley, 2004). Marketing scholars have also
postulated that customer service encounters instill good customer impressions
of a company (e.g., Grove et al., 1998)”;
Cedric Hsi-Jui Wua, Rong-Da Liang. “Effect
of experiential value on customer satisfaction with service encounters in
luxury-hotel restaurants” International Journal of Hospitality Management 28
(2009) 586–593.
|
Lodging and food experiences
|
Article 9
2013
|
“Hospitality
organisations have realised that their future survival and growth depend upon
creating and offering unique and memorable positive experiences for their
customers (Walls et al., 2011). Consumer expectations from a shopping trip,
restaurant meal, or hotel stay are continuously changing, and hospitality
organisations strive to anticipate and respond to these expectations.
However, the ability to anticipate such changing expectations so that
organisations can create and offer unique service and product experiences is a
challenging task that requires a systematic and strategic approach to
cooperating closely with customers (Vargo et al., 2008). There are two key
approaches in the literature – co-production and co-creation – which could be
adopted by organisations in their attempts to respond to customer
expectations”;
Prakash Chathotha, Levent Altinayb, Robert
James Harringtonc, Fevzi Okumusd, Eric S.W. Chan. “Co-production versus
co-creation: A process based continuum in the hotel service context” International
Journal of Hospitality Management 32 (2013) 11–20.
|
Customer expectations
|
Article 10
2013
|
“Majority
of research on employee unionization being conducted in developed countries
having predominantly individualistic societies, their findings may not have
similar implication in collectivist societies like Pakistan. Recent events in
different organizations including the hospitality industry have necessitated
identification of antecedents of unionization in a cultural perspective. A
recent strike by union of aviation hospitality staff (including air hostesses
and flight stewards) along with their colleagues caused closure of all the
airports in Pakistan causing a loss of billions of rupees. Armed personnel
were deputed to take control of airports, still for days flights were
canceled causing havoc for passengers. These events have raised a number of
concerns in the minds of people about legitimacy of such acts by employee
unions. The causes of such acts by unionized aviation hospitality employees
in underdeveloped countries have received little attention in the extant
literature”;
Sajid Bashira,∗, Misbah Nasirb. “Breach of
psychological contract, organizational cynicism and union commitment: A study
of hospitality industry in Pakistan” International Journal of Hospitality
Management 34 (2013) 61– 65.
|
Employee unionization
|
Article 11
2017
|
“The first problem we face is,
in the absence of enough building data, how to develop a simple hotel energy
benchmarking model for temporary use in order to achieve the comparison and
ranking of energy performance for hotels in peer group and thus provide useful
information to support macro energy saving planning and management. The
second problem we face is that, in the past, the traditional energy use
intensity (EUI), expressed in unit of build-ing energy use per gross floor
area per annum (kWh/m2/annum),is usually used as the energy consumption
indicator of hotel buildings. However, hotels in operation period differ from
not only the hotels in construction period but also the other non-profit
public buildings (such as schools, libraries). It will be insufficient to use
the traditional EUI as energy consumption indicator for the hotels in
operation period. For example, let’s consider two hotels A, B of the same
type, star rating and gross floor area”;
Zhen-Ru
Tenga,b,∗, Chun-You Wua, Zhi-Zheng Xuc. “New energy benchmarking model
for budget hotels” International Journal of Hospitality Management 67 (2017)
62–71.
|
Energy performance
|
Article 12
2019
|
“With
increased competition and market saturation, internationalization continues
to be one of the most crucial yet risky strategies for hotel firms. A hotel
firm such as Starwood currently operates in more than 100 countries and earns
over 50% of its revenue from its overseas locations (IBISWorld, 2017).
Several hotel firms have also expanded into emerging markets such as China,
India, Brazil, and Mexico (IBISWorld, 2015). The sales potential in some of
these markets, however, remains uncertain (Euromonitor, 2015). Hotel
executives are finding it increasingly challenging to develop successful
internationalization strategies and to select the next international
destination (Oates, 2016). The literature has provided several potential
solutions to the problem of expanding into uncertain international markets.
There is still an ongoing debate as to whether firms actually realize higher
performance in international markets”;
Linda Wooa,
A. George Assafb,⁎, Alexander
Josiassenc,d, Florian Kockd. “Internationalization and hotel performance:
Agglomeration-related Moderators” International Journal of Hospitality
Management 82 (2019) 48–58.
|
Internationalization
|
No comments:
Post a Comment