Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1009952 | International Journal of Hospitality Management | 2011 | 7 Pages |
Abstract
â¶ Branded hotels achieve significantly higher occupancy rates than independent hotels during all phases of the economic cycle. â¶ Independent hotels experience significantly higher ADRs than branded hotels during all phases of the economic cycle. â¶ Branded and independent hotels achieve similar NOIs during economic expansions, but branded hotels record significantly higher NOIs than independent hotels during economic recessions.
Keywords
Related Topics
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Strategy and Management
Authors
John W. O'Neill, Mats Carlbäck,