Hotel marketing strategies in turbulent times: Path analysis of strategic decisions
Drew Martin and
Mark Isozaki
Journal of Business Research, 2013, vol. 66, issue 9, 1544-1549
Abstract:
The hotel industry has been hit hard by the economic recession. Given the economic challenges facing businesses have not been seen since the Great Depression, hotel executives are making unstructured or first-time decisions, responding to the current business climate. Using McCracken's (1988) long interview method, four Pacific Asia hotel executives provide insights of how two major hotel chains develop new strategies in these turbulent times. To provide structure to these insights, Mintzberg, Raisinghani, and Théorêt's (1976) unstructured strategic decision making model provides a template to map problems or opportunities and alternative development and selection.
Keywords: Decision; Executive; Long interview method; Structure; Unstructured (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:66:y:2013:i:9:p:1544-1549
DOI: 10.1016/j.jbusres.2012.09.017
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