Keywords
e-commerce, marketing expenses, economies of scale, financial performance, hotel performance
Abstract
The heavily fragmented hotel industry, embracing the changes in their guests’ use of electronic devices, has spent considerable resources to incorporate electronic commerce (e-commerce) practices. The extant literature offers inconclusive findings with regard to the effect of e-commerce on firm performance, especially when firm size is considered. Given the high fragmentation of size in the hotel industry, understanding its role in the deployment of e-commerce could result in substantial benefits for both hotel firms and consumers. Using the financial performance of 689 observations of over 110 hotels during 2007 to 2012, this study finds that e-commerce expenses positively impact firm performance, and that firm size moderates the relationship between e-commerce expenses and firm performance.
Publication Date
9-4-2015
Original Citation
DeFranco, Agnes L.; Morosan, Cristian; Hua, Nan. (2015). "Moderating the Impact of e-Commerce Expenses on Financial Performance in US Upper Upscale Hotels: The Role of Property Size," Tourism Economics Fast Track, DOI 10.5367/te.2015.0510.
DOI
10.5367/te.2015.0510
Document Type
Paper
Language
English
Source Title
Tourism Economics
Copyright Status
Author retained
Publication Version
Publisher's version
Copyright Date
2015
College
Rosen College of Hospitality Management
Location
Rosen College of Hospitality Management
STARS Citation
DeFranco, Agnes L.; Morosan, Cristian; and Hua, Nan, "Moderating the Impact of e-Commerce Expenses on Financial Performance in US Upper Upscale Hotels: The Role of Property Size" (2015). Rosen Faculty Scholarship and Creative Works. 426.
https://stars.library.ucf.edu/rosenscholar/426