Market penetration of hotel chains: Does culture matter?
Stanislav Ivanov and
Maya Ivanova
Annals of Tourism Research, 2016, vol. 57, issue C, 259-264
Abstract:
•The impact of culture on the market penetration of hotel chains is investigated.•Higher penetration=high individualism, low power distance, low uncertainty avoidance.•These cultural scores are associated with low corruption.•Corruption perception index is not influencing the level of market penetration.•Low corruption culture is more important than the actual corruption index.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:57:y:2016:i:c:p:259-264
DOI: 10.1016/j.annals.2015.11.021
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