2005
DOI: 10.1016/j.jbusres.2004.11.001
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Expansion strategy of international hotel firms

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Cited by 87 publications
(100 citation statements)
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References 25 publications
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“…On the one hand, a lot of competition in the segment of hotels of a similar standard could reduce the profitability of a future hotel, on the other hand it can bring the classic benefits of the agglomeration effect (Canina, Enz & Harrison, 2005;Chung & Kalnins, 2001;Egan, Chen & Zhang, 2006;Yang & Fik, 2011;Yang, Wong & Wang, 2012;Zhang, Guillet & Gao, 2012). According to a study by Chen and Dimou (2005), in case of financially strong foreign hotel chains with well-known brands, the second aspect is predominant. On the other hand, a large number of businesses operating on the local tourism market may negatively affect location decisions.…”
Section: Location Factors From the Point Of View Of The Origin Of Capmentioning
confidence: 99%
“…On the one hand, a lot of competition in the segment of hotels of a similar standard could reduce the profitability of a future hotel, on the other hand it can bring the classic benefits of the agglomeration effect (Canina, Enz & Harrison, 2005;Chung & Kalnins, 2001;Egan, Chen & Zhang, 2006;Yang & Fik, 2011;Yang, Wong & Wang, 2012;Zhang, Guillet & Gao, 2012). According to a study by Chen and Dimou (2005), in case of financially strong foreign hotel chains with well-known brands, the second aspect is predominant. On the other hand, a large number of businesses operating on the local tourism market may negatively affect location decisions.…”
Section: Location Factors From the Point Of View Of The Origin Of Capmentioning
confidence: 99%
“…The decision to standardise services to varying degrees across the international operations Bouncken, 2002;Pine andQi, 2004, Chen andDimou, 2005;Baum, 2006;Groschl and Doherty, 2006;Whitla et al, 2007;Hsieh and Tsai, 2009;Gannon et al, 2012 Location of activities…”
Section: The Proposed Framework Linking Institutional Distance and Yimentioning
confidence: 99%
“…These additional costs for the standardisation of services, caused by larger investments into human specific assets, are expected to lead to barriers in standardisation of services for hotel sites located in countries at a larger informal institutional distance. In a related discussion, Chen and Dimou (2005), showed that asymmetric information, caused by larger informal institutional distance, in international hotel groups can hinder the standardisation of services across the international hotel network.…”
Section: Standardisation Of Servicesmentioning
confidence: 99%
“…Phillips, and Sipahioglu (2004), economics, e.g. Chen and Dimou (2005) and international business, e.g. Quer, Claver and Andreu (2007).…”
Section: Introductionmentioning
confidence: 99%
“…Earlier studies have used this framework to identify the main aspects of internationalisation in the tourism sector (Dunning and Kundu, 1995;Dunning and McQueen, 1982;Johnson and Vanetti, 2005). Other studies have also used similar frameworks to investigate expansion strategies of international hotel firms (Chen and Dimou, 2005). Finally, there are studies that have used modifications of the eclectic framework to explore multinationals' entry modes or multinationals' emergence from countries with similar environments to the Greek one (Melian-Gonzalez and Garcia-Falcon, 2003;Rodriguez, 2002;Williams and Balaz, 2002;Zhao and Olsen, 1997).…”
Section: Introductionmentioning
confidence: 99%