COVID-19 and Small Lodging Establishments: A Break-even Calibration Analysis (CBA) Model

Keywords

CB analysis; Operational sensitivity; Recovery; Small lodging establishments

Abstract

The COVID-19 pandemic foiled the hospitality industry offering no clear insight as to what to expect regarding the emergence of possible new industry standards as likely corollaries of the pandemic. The accommodation sector is one of the most affected sectors in the hospitality industry, especially small lodging establishments incurring the most dramatic brunt of the pandemic’s long-tail effects. This study employed a breakeven (BC) analysis to examine the pandemic's opportunity cost and the financial resilience efforts that SLEs should undertake to bounce back or bounce forward. The case study centers on the Superior Small Lodgings (SSL) of Florida, USA. The results suggest that the opportunity cost varies depending on the SLE profiles, and hence resilience approaches should consider heterogeneous business responses.

Publication Date

4-1-2021

Original Citation

Rivera, M., Kizildag, M., & Croes, R. (2021). Covid-19 and small lodging establishments: A break-even calibration analysis (CBA) model. International Journal of Hospitality Management, 94, N.PAG. https://doi.org/10.1016/j.ijhm.2020.102814

Document Type

Paper

Language

English

Source Title

International Journal of Hospitality Management

Volume

94

College

Rosen College of Hospitality Management

Location

Rosen College of Hospitality Management

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