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dc.contributor.authorZhang, Dengjun
dc.contributor.authorXie, Jinghua
dc.date.accessioned2021-11-15T09:25:16Z
dc.date.available2021-11-15T09:25:16Z
dc.date.issued2021-05-20
dc.description.abstractTourism seasonality negatively affects hotels’ operational and financial performance and then survival probabilities. Several studies have evaluated the impact of tourism seasonality on hotels’ exit risk. However, the empirical findings are ambiguous, probably due to the overall seasonality and different measures used in these studies. Against this background, this study explores the impact of tourism seasonality on hotel firms’ exit risk, using a proportional hazards model. We controlled for financial ratios, the main factors influencing the exit risk, and used two measures of tourism seasonality by market segment, namely, leisure, business, and conference tourism. The case study is the Norwegian hotel industry. The empirical results suggest that the different seasonal patterns of tourism demand in the market segments mitigate the impact of the overall seasonality on hotels’ exit risk, and that seasonality measures of various tourism segments affect the exit risk in different ways.en_US
dc.identifier.citationZhang D, Xie J. Influence of Tourism Seasonality and Financial Ratios on Hotels’ Exit Risk. Journal of Hospitality & Tourism Research. 2021en_US
dc.identifier.cristinIDFRIDAID 1953700
dc.identifier.doi10.1177/10963480211016038
dc.identifier.issn1096-3480
dc.identifier.issn1557-7554
dc.identifier.urihttps://hdl.handle.net/10037/22985
dc.language.isoengen_US
dc.publisherSAGE Publicationsen_US
dc.relation.journalJournal of Hospitality & Tourism Research
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2021 The Author(s)en_US
dc.subjectVDP::Social science: 200en_US
dc.subjectVDP::Samfunnsvitenskap: 200en_US
dc.titleInfluence of Tourism Seasonality and Financial Ratios on Hotels’ Exit Risken_US
dc.type.versionpublishedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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