Weathering the pandemic storm: Inter-organizational imitation and hotel survival
Year: 2024
Type: article
Abstract: No previous studies have provided insights into inter-organizational spillover in hotel market exit behaviors amidst great uncertainty. This study investigates the impact of local pandemic severity on hotel survival rates and identifies inter-organizational imitation moderating this effect. We conduct survival analysis on a sample of 3841 hotel properties in the U.S. state of Texas. Results confirm the detrimental roles of pandemic severity on hotel survival rates. We observe a negative spillover stemming from inter-organizational imitation based on the market exits of same-class hotel peers. Results further unveil that hotels operated by third-party management companies and high-end hotels are less likely to exhibit inter-organizational imitation in their closure responses to the pandemic.
Source: Tourism Economics
Authors: Yang Yang, Zhihong Wen
Institutions: Temple University, The University of Sydney
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,700
OpenAlex ID: W4403930764