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Profitability dynamics in the US hotel industry : exploration through factor analysis / Arpita Agnihotri, Saurabh Bhattacharya.
- Format:
- Book
- Author/Creator:
- Agnihotri, Arpita, author.
- Bhattacharya, Saurabh, author.
- Series:
- SAGE business cases.
- SAGE business cases
- Language:
- English
- Subjects (All):
- Profit--United States--Case studies.
- Profit.
- Hospitality industry--United States--Case studies.
- Hospitality industry.
- Factor analysis--Case studies.
- Factor analysis.
- Physical Description:
- 1 online resource : illustrations.
- Other Title:
- Profitability dynamics in the Unites States hotel industry
- Place of Publication:
- London : SAGE Publications: SAGE Business Cases Originals, 2026.
- Summary:
- The case concerns how a hospitality industry strategy consultant, appointed by the chief executive officer (CEO) of a (fictional) hotel company based in the United States, explores factors influencing the U.S. hotel industry's profitability. First, the consultant reads the hotel industry report (as given in the case), which explains how the availability of alternatives such as Airbnb and the ability of customers to switch hotels plagues the U.S. hotel industry's profitability. Next, the consultant explored factors influencing the U.S. hotel industry's profitability. Based on the report, the consultant created a survey instrument and emailed it to the CEOs of 212 hotels. The consultant obtained completed survey questionnaires from 198 CEOs. The consultant conducts a statistical analysis of the collected or observed data, specifically employing exploratory factor analysis. By evaluating the available information, the consultant suggests five factors that influence the profitability of the hotel industry. Exploratory factor analysis helps identify the structure of the observed data and reveals the underlying factors that give rise to an observed phenomenon. What factors did the consultant obtain after the statistical analysis? Do the factors correspond with a strategy framework for industry profitability analysis? What conclusions did the consultant draw from the analysis for reporting to the CEO?
- Notes:
- Description based on XML content.
- ISBN:
- 1-03-622095-8
- 9781036220952
- OCLC:
- 1569209071
- Publisher Number:
- T297889
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