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Market and nonmarket strategy in the US hospitality industry   
Yazarlar (4)
John A. Parnell
Eric B. Dent
Mehmet Ali Köseoğlu
Türkiye
Doç. Dr. Hasan Evrim ARICI Doç. Dr. Hasan Evrim ARICI
Kastamonu Üniversitesi, Türkiye
Devamını Göster
Özet
PurposeWe surveyed managers and other professionals in 142 US hospitality firms to investigate the links among relative firm size, market strategies (e.g. broad cost leadership and global growth) and nonmarket strategies. It helps explain how business size influences these dynamics within the hospitality industry. Previous research has primarily focused on generic market strategies without adequately considering the nuanced impact of firm size on performance outcomes.Design/methodology/approachThe data are analyzed using PLS-SEM and machine learning (ML) methods, specifically the glmnet algorithm for Lasso regression, to explore the relationships between firm size, market strategies and performance. ML’s ability to manage high-dimensional data and nonlinear relationships provides a nuanced analysis that surpasses traditional statistical methods, enhancing the accuracy and depth of our findings …
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayınlanan tam makale
Dergi Adı International Hospitality Review
Dergi ISSN 2516-8142
Dergi Tarandığı Indeksler Australian Business Deans Council (ABDC)
Makale Dili İngilizce
Basım Tarihi 03-2025
Doi Numarası 10.1108/IHR-04-2024-0022
Makale Linki https://doi.org/10.1108/ihr-04-2024-0022
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 1
Market and nonmarket strategy in the US hospitality industry

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