Competitive Intelligence Practices in Hotels
Keywords
Competitive intelligence; Competitor intelligence; Environmental scanning; Hotels; Minot; Strategic management
Abstract
This study attempts to determine the level of competitive intelligence (CI) efforts in the hotel industry in Minot, North Dakota. To this end, the researchers conducted a serious of in-depth semi-structured interviews with hotel managers representing twenty-seven hotels. The results indicate that the participating hotel managers demonstrated a low level of knowledge and awareness of CI. It appears that they engage in CI activities, primarily for tactical, rather than strategic purposes. Many lacked an adequate formal educational background in academic business that would have prepared them for the more strategic-level CI activities. Almost all of them had training in the tactics needed to gather intelligence of their competitors but few demonstrated a clear connection to strategic planning and competitive positioning. This study offers specific theoretical and practical implications.
Publication Date
11-23-2015
Original Citation
Koseoglu, M., Ross, G. and Okumus, F. (2016). Competitive Intelligence Practices in Hotels. International Journal of Hospitality Management, 53(1), 161-172.
Number of Pages
161-172
Document Type
Article
Language
English
Source Title
International Journal of Hospitality Management
Volume
53
Issue
1
Copyright Status
Unknown
Copyright Date
2015-11-23
College
Rosen College of Hospitality Management
Location
Rosen College of Hospitality Management
STARS Citation
Koseoglu, Mehmet Ali; Ross, Gary; and Okumus, Fevzi, "Competitive Intelligence Practices in Hotels" (2015). Faculty Scholarship and Creative Works. 222.
https://stars.library.ucf.edu/ucfscholar/222