期刊
TOURISM MANAGEMENT
卷 85, 期 -, 页码 -出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.tourman.2021.104311
关键词
Asset-light business model; Dynamic capabilities; Lodging; Performance; Environments
This study identifies the asset-light business model as a dynamic capability for lodging firms, providing a solid conceptual framework and industry-specific performance measures for analyzing performance. It also extends theoretical explanations on the moderating role of environments in the dynamic capabilities-performance relationship, offering important implications for lodging owners, managers, and investors in coping strategically with complex environments.
Although academic research examining the effects of the asset-light business model continues to grow in the tourism and hospitality literature, the extant studies lack comprehensive theoretical foundations to develop and establish clear quantitative models of analysis. Inconsistent findings from these studies call into question the issue of their exploratory nature. Using the dynamic capabilities view, this study provides a solid conceptual framework that recognizes the asset-light business model as an industry-specific dynamic capability for lodging firms. Furthermore, this study extends recent theoretical accounts on the moderating role of environments in the dynamic capabilities-performance relationship by focusing on the service-oriented and cyclical nature of the tourism and hospitality industry. Incorporating industry-specific performance measures, the current study suggests an alternative approach to the analysis of performance of a lodging firm. The findings also provide important implications to help lodging owners, managers, and investors to strategically cope with complex and dynamic environments.
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