Competition, agglomeration, and performance of Beijing hotels

Autor:	Paul S. L. Yip, Eric W. K. Tsang
Rok vydání:	2009
Předmět:	Economies of agglomeration business.industry Strategy and Management Competitor analysis Hospitality industry Location theory Competition (economics) Beijing Management of Technology and Innovation Search cost Profitability index Business Marketing Industrial organization
Zdroj:	The Service Industries Journal. 29:155-171
ISSN:	1743-9507 0264-2069
Popis:	Agglomeration theory argues that locating close to competitors can be beneficial in terms of gaining from heightened demand – more frequent consumer visits and subsequent purchases through reducing consumer search costs. This paper examines the trade-off between competition and the agglomeration effects of physical proximity in the Beijing hotel industry. It seeks to answer two questions: (1) What types of hotels contribute more to agglomeration? (2) What types of hotels benefit more from agglomeration? The results suggest that only high star-ranking joint venture hotels contribute to heightened demand while hotels of all star rankings benefit similarly from agglomeration.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::361206a9baf4e97bcb3c0e12e94bda2a https://doi.org/10.1080/02642060802294896 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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