search query: @indexterm Hotel and catering industry / total: 391
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| Author: | Kalnins, A. Chung, W. |
| Title: | Resource-seeking agglomeration: a study of market entry in the lodging industry |
| Journal: | Strategic Management Journal
2004 : JUL, VOL. 25:7, p. 689-699 |
| Index terms: | Hotel management Hotel and catering industry Competitive advantage USA |
| Language: | eng |
| Abstract: | The authors analyze whether firms prefer collocating with incumbent firms when choosing among markets to enter, highlighting the role of resource-seeking as a motivation for collocation. They find that hotels are attracted to markets with branded upscale hotels. Further they find that owners of upscale hotels avoid markets with hotels without similar resources. |
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