 Corporate brand and hotel performance: A resource-based perspectiveRosario Silva, Oksana Gerwe and Manuel Becerra Journal of Business Research, 2017, vol. 79, issue C, 23-30 Abstract: Grounded in resource-based theory (RBT), our study analyzes the conditions that drive the effect of corporate brand on firm performance. Using a five-year panel of Spanish hotels, our results confirm that hotels with a corporate brand have greater profitability. Consistent with RBT, this effect is stronger when the corporate brand is more valuable to customers (e.g., in the lower-quality segment), when it is more difficult to imitate (e.g., older brands), and when it is exploited through specific organizational governance mechanisms (e.g., vertical integration). Contrary to RBT, we found that the effect of corporate brand on hotel's profitability is stronger when the use of corporate brand is less rare (e.g., when more hotels located in close proximity use corporate brands). Thus, the results provide general support for RBT, but also make an important qualification regarding the effect of resource rarity in industries where there may be agglomeration effects. Keywords: Corporate brand; Profits; Resource based theory; Hotel industry (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:79:y:2017:i:c:p:23-30 DOI: 10.1016/j.jbusres.2017.05.019 Access Statistics for this article Journal of Business Research is currently edited by A. G. Woodside More articles in Journal of Business Research from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.